Acquisitions and Divestitures
The former memory chip division was carved out in 2006 as Infineon’s subsidiary Qimonda, of which Infineon last held a little over three quarters. In January 2009, Qimonda filed for bankruptcy with the district court in Munich. On 7 July 2009, Infineon Technologies AG agreed by contract with the U.S. investor Golden Gate Capital on the sale of its Wireline Communications for € 250 million. The resulting new company is now known as Lantiq.
On 31 January 2011, the sale of the business segment of wireless solutions to Intel was completed. The resulting new company has approximately 3,500 employees and now operates as Intel Mobile Communications (IMC).
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