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Infineon is negotiating a full or partial sale of Qimonda – the analyst’s words turned out to be prophetic
The recent news of an addition to the licensing agreement linking Rambus with a major memory manufacturer, Qimonda AG, featured a possible change in ownership of the company, which is known to be a subsidiary of Infineon.
Infineon is indeed in talks with potential buyers for the sale of Qimonda. This, according to a source, said the head of the company in an interview with Sueddeutsche Zeitung.
“There is no taboo: a full sale is as possible as a sale of a minority stake,” said Peter Bauer. “We reach out to investors and other companies in the industry.”.
Communications chip firm Infineon has been unable to find a buyer for its 77% stake in Qimonda after spinning off its memory business in 2021 in hopes of reducing dependence on the volatile memory market. Thus, the opinion of the head of the analytical company Future Horizons, expressed in the spring of this year, that Infineon will not be able to find a buyer willing to acquire the company’s share in Qimonda, which at that time amounted to about 1 billion. Doll.
“We are working with utmost perseverance to get the Qimonda issue resolved as quickly as possible,” Bauer said.
Infineon Interested In Dropping Qimonda Before Next AGM Next Year.