Announced
Financials
Tags
Pending
Single Bidder
Domestic
Friendly
Minority
Acquisition
Electronic Components and Equipment
United States
lighting products
electronic components
manufacturing
Public
Synopsis
BorgWarner, a provider of innovative and sustainable mobility solutions for the vehicle market, agreed to invest $500m in Wolfspeed, a Silicon Carbide technology company. "Silicon carbide-based power electronics play an increasingly important role for our customers as our electric vehicle business continues to accelerate," Frédéric Lissalde, BorgWarner President and CEO.
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