On the Record · Cypress Semiconductor

Cypress Semiconductor acquisitions, on the record

The businesses Cypress Semiconductor bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
Spansion Inc. Word for word“In March 2015, we completed a merger ("Merger") with Spansion Inc. ("Spansion") for a total consideration of approximately $2.8 billion .” 10-K for 2017	merger	In March 2015	$2.8 billion
TrueTouch® mobile touchscreen business Word for word“In August 2015, we completed the sale of the TrueTouch® mobile touchscreen business to Parade Technologies ("Parade") for total cash proceeds of $98.6 million .” 10-K for 2017	divestiture	In August 2015	$98.6 million
IoT wireless business of Broadcom Corporation Word for word“In July 2016, we completed the acquisition of certain assets primarily related to the Internet of Things ("IoT") wireless business of Broadcom Corporation ("Broadcom") pursuant to an Asset Purchase Agreement with Broadcom dated April 28, 2016, for a total purchase consideration of $550 million .” 10-K for 2017	acquisition	In July 2016	$550 million
wafer fabrication facility in Minnesota Word for word“In fiscal 2017, we completed the sale of our wafer fabrication facility in Minnesota for gross proceeds from the sale of $30.5 million.” 10-K for 2017	divestiture	—	$30.5 million
legacy patents Word for word“In August 2016, we entered into a series of agreements to divest a large number of older, legacy patents that were not relevant to our current business.” 10-K for 2017	divestiture	In August 2016	—
wireless Internet of Things business of Broadcom Corporation Word for word“In July 2016, we completed the acquisition of certain assets primarily related to the wireless Internet of Things ("wireless IoT business") of Broadcom Corporation ("Broadcom") pursuant to an Asset Purchase Agreement with Broadcom dated April 28, 2016, for a total purchase consideration of $550 million .” 10-K for 2018	acquisition	In July 2016	$550 million
embedded software company focused on the IoT market Word for word“In August 2018, we completed the acquisition of an embedded software company focused on the IoT market for cash consideration of $3 million.” 10-K for 2018	acquisition	In August 2018	cash consideration of $3 million
NAND flash business to a joint venture with SK hynix system ic Inc Word for word“In October 2018, we signed a definitive agreement to transfer our NAND flash business to a joint venture ("JV") with SK hynix system ic Inc ("SKHS").” 10-K for 2018	agreed divestiture	In October 2018	—
NAND business to a JV with SKHS Word for word“On October 23, 2018, we entered into an agreement whereby we will transfer our NAND business to a JV with SKHS.” 10-K for 2018	agreed divestiture	On October 23, 2018	—
Sale of Cypress Minnesota Incorporated (wafer fabrication facility in Minnesota) Word for word“In fiscal 2017, we completed the sale of our wafer fabrication facility in Minnesota for gross proceeds of $30.5 million.” 10-K for 2018	divestiture	In fiscal 2017	gross proceeds of $30.5 million
wafer fabrication facility in Minnesota (Cypress Minnesota Incorporated) Word for word“In March 2017, we completed the sale of our wafer fabrication facility in Minnesota for gross proceeds of $30.5 million.” 10-K for 2019	divestiture	In March 2017	$30.5 million
embedded software company focused on the Internet of things market Word for word“In August 2018, we acquired an embedded software company focused on the Internet of things market for cash consideration of $3.0 million .” 10-K for 2019	acquisition	In August 2018	$3.0 million
NAND flash business Word for word“In April 2019, we closed the transfer of our NAND flash business to a newly-formed joint venture between Cypress and SK hynix system ic Inc.” 10-K for 2019	divestiture	In April 2019	—
minority shareholders' noncontrolling interest in AgigA Tech, Inc. Word for word“In September 2019, we acquired the minority shareholders' noncontrolling interest in AgigA Tech, Inc. ("AgigA") for total cash consideration of $3.9 million, making AgigA a wholly-owned subsidiary of Cypress.” 10-K for 2019	acquisition	In September 2019	$3.9 million

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2017-01-01	$550 million	$0	$217.7 million
2017-12-31	$0	$45.5 million	—
2018-12-30	$2.7 million	$0	—
2019-12-29	$0	$13.6 million	—

Deal filings since 2016

2020-04-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2019-08-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-06-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-11-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-08-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-04-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-02-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-07-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2016-07-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-06-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-05-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2016-01-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Cypress Semiconductor’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-21. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.