Winbond Electronics to acquire Infineon's memory business for $1.12 billion

Winbond Electronics (2344) announced a $1.12 billion all-cash deal to acquire Infineon's NOR Flash and related memory business. The acquisition, expected to close in the second half of 2027, will increase Winbond's global NOR Flash market share to approximately 34%. Infineon stated the sale aligns with its strategy to focus on core growth areas, while approximately 350 employees will transition to Winbond upon regulatory approval.