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Cypress Semiconductor (CY) closed at $12.16 in the latest trading session, marking a -1.22% move from the prior day. Cypress Semiconductor (CY) Stock Moves -1.22%: What You Should Know Skip to ...
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In 2019, under CEO Hassane El-Khouri, the company agreed to the offer of Infineon Technologies valued about $9 billions (that represents the all-cash buyout price of $23.85 per share). [32] This purchase price premium of 55% was the 4th highest premium paid for a public semiconductor company with greater than $1 Billion in value since 2014. [33]
He is the founder of Cypress Semiconductor and holds patents ranging from semiconductors to energy to winemaking. Rodgers is known for his public relations acumen, brash personality, and strong advocacy of laissez-faire capitalism. He stepped down as Cypress CEO in April 2016 and Director in August 2016 after serving for 34 years. [2]
The Cypress Group is a private equity company focused on leveraged buyout investments in companies across a range of industry sectors. At its peak in the late 1990s and early 2000s, Cypress was among the largest US private equity firms, although by the end of the decade the firm would find itself in the process of winding down its operations.
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