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Industry: Email Alert RSS FeedAvago Technologies closes acquisition of Infineon's fiber business
Telecommunications Mergers & Acquisitions, July, 2007 by Anonymous
Avago Technologies announced that it has closed its acquisition of Infineon Technologies AG's polymer optical fiber (POF) business unit based in Regensburg, Germany. This acquisition agreement between Avago and Infineon was jointly announced on April 2, 2007.
Infineon's POF business is the leader in the-fast growing market for automotive multimedia infotainment networks and transceivers for safety systems. This business unit also provides transmitters and receivers for industrial drive controls and home broadband services.
With the integration of Infineon's POF group, Avago Technologies essentially doubles its investment of resources in R&D for automotive, industrial, and home networking product lines, as well as in emerging markets like optical links for mobile...
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