11 October 2016
Infineon strengthens leading position in automated driving through acquisition of Innoluce BV
Microelectronics from Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) is a key technology for automated and connected driving. As leading chip provider for driver assistance systems, Infineon continues its innovation path and has acquired 100 percent of Innoluce BV, a fabless semiconductor company headquartered in Nijmegen. Based on the know-how of Innoluce, Infineon will develop chip components for high-performance lidar systems. Both companies agreed on confidentiality on the terms.