M&A
confidence high
sentiment positive
materiality 0.75
SkyWater to acquire Infineon's 200 mm Austin fab for ~$110M
SkyWater Technology, Inc
- Total purchase price ~$110M: $55M cash at close, $30M estimated working capital, $25M deferred in wafer credits.
- Acquired entity will hold assets and liabilities of Infineon's 200 mm fab in Austin, Texas.
- Closing no earlier than May 30, 2025, subject to US regulatory approval and other conditions.
- Deferred $25M payable under a wafer supply agreement with an affiliate of Infineon over four years.
- SkyWater expects to finance the purchase price through debt financing.