SP buys Infineon's Linköping facility

Swedish signal processing developer SP Devices has signed a deal under which it will take over Infineon’s facilities and equipment in Linköping. At the same time, the companies have signed a two year agreement under which SP will provide development and product support to Infineon. According to SP, the agreement will secure Infineon’s present and future cordless and IP projects.

Jonas Nilsson, SP’s ceo, said: “The high competence of our new employees will speed our product development, especially in the area of analogue and digital chip design. The take over of Infineon’s business in Linköping is a natural step of SP Devices’ expansion plan.” SP Devices develops and markets signal processing electronics and algorithms aimed at enhancing a/d converter performance.