US determines Infineon's Cypress deal poses no national security concerns
March 09, 2020 at 19:41 PM EDT
Cypress Semiconductor Corp said Monday that the Committee on Foreign Investment in the United States (CFIUS) determined that there are no national security concerns with its proposed $10 billion takeover by German chipmaker Infineon Technologies. (Reporting by Ismail Shakil in Bengaluru; Editing by Subhranshu Sahu)