eeTimes
eeTimes
eeTimes eeTimes
Forgot password Register
Print - Send - -

New Products

Infineon merger speculation flares up -- again

May 14, 2008 | | 207800016
The German press has often speculated about the imminent replacement of Infineon CEO Wolfgang Ziebart. Financial Times Deutschland has now joined the fray, and the issue has been clouded by talk -- again -- of a deal with rival NXP Semiconductor.
MUNICH; Germany — The German press has often speculated about the imminent replacement of Infineon CEO Wolfgang Ziebart. Financial Times Deutschland has now joined the fray, and the issue has been clouded by talk -- again -- of a deal with rival NXP Semiconductor.

According to the paper, Max Kley, chairman of Infineon's supervisory board, has asked Ziebart for a 'clearing conversation' about the right strategy for the semiconductor vendor. "Things can't go on like this. There must be a solution — not only regarding who is the right person for the top position, but also regarding the strategy," the paper quotes the anonymous top manager.

Kley is said to be the powerful man behind Infineon's scenes; and it is no secret that he has a critical stance towards Ziebart's performance. During the period after the sacking of former CEO Schumacher and the hiring of Ziebart, Kley served as provisional CEO.

This is not the first time business papers or magazines in Germany have speculated about Ziebart's future. A few weeks ago, Sueddeutsche Zeitung had a similar article, and manager magazine already several times quoted a person at the top management saying that Kley is actively searching a successor for Ziebart. The common denominator in all these articles is that the whistle-blower remained anonymous.

However, Peter Bauer, currently leading Infineon's automotive division is said to be a potential candidate for Ziebart's succession.

Against the background of its lasting difficult situation, speculation on the future of the largest German chip manufacturer are not new, either. The paper claims Kley suggested examining the possibility of a merger with NXP. Ziebart, however, opposes this idea since NXP has operational problems of its own. Only NXP owner KKR would benefit from such a move, the paper suggests.

Contacted by EE Times Europe, Infineon declined to comment. "This is all speculation, on which we do not comment," a spokesperson said.









Please login to post your comment - click here
Related News
MOST POPULAR NEWS
Interview
Technical papers
Linear Video Channel
READER OFFER

This month Keithley Instruments is giving away two of its Model 2200 power supplies, worth 735 Euros each, for EETimes Europe's readers to win. The Model 2200-20-5: 20V, 5A, 100W on offer is one of five general-purpose programmable DC power supplies recently launched by the company, designed for source measurement instruments for component, module, and device characterization and test applications.

Part of the Series 2200 family, the unit’s voltage output accuracy is specified at 0.03% and its current output accuracy is 0.05%. The supply’s high output (1mV) and measurement (0.1mA) resolution makes it well-suited for characterizing low power circuits and devices in applications such as measuring idle mode and sleep mode currents to confirm devices can meet today’s ever-more-challenging goals for energy efficiency.

And the winners are:

In our previous reader offer, EPC was giving away ten of its EPC9002 development board kits, worth USD 95 each.
Lucky winners include  I. Blythe and C. Hardman from the UK, M. Casartelli and D. Cogliati from Italy, C. Cossio from Spain, W. Milarch from Germany, r. Milewicz from Poland, M. Prascak from Slovakia, A. Raidl from Austria and M. Taslakov from Bulgaria.
All should be receiving their kits soon. Let's wish them some interesting findings with their projects.

Poll
What are your most recurrent supply chain issues?

All material on this site Copyright © 2009 - 2010 European Business Press SA. All rights reserved.
This site contains articles under license from EETimes Group , a division of United Business Media LLC.