Denso acquires stake in Infineon to accelerate development of new mobility solutions
Two companies plan to combine their advanced solutions and expertise to accelerate development of new and emerging mobility solutions
Denso has acquired an equity stake in Infineon Technologies, the Japanese supplier said in a press release on 26 November. According to Infineon, Denso has invested in the range of ‘mid-double-digit million euros’ to pick an equity stake the Germany-based company, which specializes in in-vehicle semiconductor solutions. The strategic investment in Infineon is expected to accelerate the development of new automotive technologies at Denso.