Wolfspeed is based in Research Triangle Park, North Carolina, USA, and has been a part of Cree for almost three decades. Wolfspeed is a premier provider of SiC-based power and GaN-on-SiC-based RF power solutions. This also includes the related core competencies in wafer substrate manufacturing for SiC, as well as for SiC with a monocrystalline GaN layer for RF power applications. With these competencies, more than 550 highly skilled employees and a strong IP portfolio of approximately 2,000 patents and patent applications, this deal complements Infineon’s previous acquisition of International Rectifier in early 2015. Wolfspeed’s SiC-based product portfolio ideally adds to Infineon’s offering.
Wolfspeed is the world’s leading innovator and manufacturer of wide bandgap semiconductors, which have been proven to be superior to incumbent technologies in conserving, converting and utilizing energy. Our power devices provide increased efficiency, higher switching frequency and reduced system size and weight in a variety of applications in the communications, industrial, energy and transportation markets. Wolfspeed RF Products use GaN on silicon carbide. GaN-on-SiC provides inherent advantages that significantly benefit Wolfspeed customers – including higher efficiency, wider bandwidth, higher power and smaller size. We serve customers in multiple markets including military and aerospace, communications and industrial applications.
Wolfspeed, A Cree Company, stands alone as the premier provider of the most field-tested silicon carbide and GaN Power and RF solutions in the world. As the leader in wide bandgap semiconductor technology, Wolfspeed partners with the world’s designers to build a new future of faster, smaller, lighter, and more powerful electronic systems. Wolfspeed is liberating power and wireless systems from the limitations of silicon by leading the innovation and commercialization of next-generation systems based on silicon carbide and gallium nitride.
July 14, 2016 /PRNewswire/ Infineon Technologies AG and Cree, Inc. (Nasdaq: CREE) announced that Infineon has entered into a definitive agreement to acquire the Wolfspeed Power and RF division (“Wolfspeed”) of Cree. The deal also includes the related SiC wafer substrate business for power and RF power. The purchase price for this planned all cash transaction is US Dollar 850 million (approximately Euro 740 million). This acquisition will enable Infineon to provide the broadest offering in compound semiconductors and will further strengthen Infineon as a leading supplier of power and RF power solutions in high-growth markets such as electro-mobility, renewables and next-generation cellular infrastructure relevant for IoT.
