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Morrison Foerster says it advises Infineon on $1.12 billion Winbond sale
Morrison Foerster announced that it had advised Germany’s Infineon Technologies on the sale of its NOR flash and FRAM memory business to Taiwan’s Winbond Electronics. The firm said the all-cash transaction valued the business at $1.12 billion on a cash-free, debt-free basis.
Key points
- The firm said closing was expected in the second half of 2027, subject to regulatory approval.Morrison Foerster
- Morrison Foerster said the business served automotive, industrial and infrastructure markets.Morrison Foerster
- The firm named Joe Sulzbach, Lawrence Gallick and Dave Sturgeon among its advisers.Morrison Foerster
- The announcement also named Josh Lerner and Michael Schulman on the team.Morrison Foerster