Infineon further strengthens its number one position in automotive microcontrollers and boosts systems capabilities for software-defined vehicles with acquisition of Marvell's Automotive Ethernet business

NEUBIBERG, Germany, April 8, 2025 /CNW/ -- Infineon Technologies AG (FSE:IFX) (OTCQX:IFNNY) is accelerating the build-up of its system capabilities for software-defined vehicles with the acquisition of Marvell Technology's Automotive Ethernet business, complementing and expanding its own market-leading microcontroller business. Infineon and Marvell Technology, Inc. (NASDAQ:MRVL) have entered into a definitive transaction agreement for a purchase price of US$2.5 billion in cash. The transaction is subject to regulatory approvals. Ethernet is a key enabling technology for low-latency, high-bandwidth communication, which is crucial for software-defined vehicles. Additionally, it has significant potential in adjacent fields of use such as humanoid robots. The planned investment will strengthen Infineon's already strong footprint in the U.S., including extensive R&D activities.