Infineon announces sale of part of DC-DC power converter business

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com January 11, Infineon announced today that it has reached a final agreement to sell Infineon's HiRel DC-DC converter business to Micross, including its hybrid and customized on-board power products.

Infineon officials said the sale would enable Infineon to expand its focus and investment in the development of core semiconductors in the highly reliable market, while no longer emphasizing the need to provide more customized products for highly reliable industries. The deal is expected to close in the first quarter of 2023.

Bob LeFort, President of Infineon Technologies America, said: "Infineon is pleased to have reached an agreement with Micross to provide a more strategic base for our HiRel DC-DC converter business, and we believe this sale is in the best interests of both companies as well as customers, employees and shareholders. The deal allows Infineon to continue to focus on the HiRel business that benefits from Infineon's leading semiconductor technology. We look forward to working with Micross to ensure a seamless transition for our customers and employees. "

CTOnews.com has learned that DC-DC converters (DC-DC converter) are devices that convert power from one voltage value to another in a circuit. The HiRel DC-DC converter business is a highly reliable DC-DC power conversion solution for the worst environments, including outer space, and will operate under the Micross Hi-Rel Products business unit, including main power converters, control circuits, filters and enclosures.