Posted Feb. 9, 2017 at 4:31 p.m.

Premium Lock Infineon deal to buy Cree's Wolfspeed unit may be blocked

Published: 2017-02-09 16:31:37
Updated: 2017-02-09 16:31:37

Cree and Infineon execs at press confernece. LtoR: Bob LeFort,m president, Infineon Americas; Frank Plastina, CEO, Wolfspeed; Dr. Reinhard Ploss, CEO Infineon Technologies AG; and Chuck Swaboda, CEO and chair, Cree.
Tags: Cree

The $850 million sale of Cree Inc.'s Wolfspeed Power unit to German chipmaker Infineon Technologies may not happen, the companies said, citing U.S. govenrment security concerns....

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