Infineon says Cypress takeover cleared, funding in place
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BERLIN (Reuters) - Infineon Technologies said on Tuesday that it had received final regulator clearance for its takeover of U.S. Cypress Semiconductor and that funding was in place to complete the deal.The German chipmaker announced the $10 billion takeover last June but the deal took longer than expected to reach the finish line as it underwent a U.S. review of its national security implications.The transaction, which will create a leader in automotive powertrain and in-car systems, is being..