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jmke 19th February 2006 18:42

Infineon dumps Memory Biz
 
Infineon Technologies AG CEO Wolfgang Ziebart Thursday prepared company shareholders for an initial public offering of the Munich-based company’s memory business.

Ziebart, addressing Infineon shareholders at the company’s Annual General Meeting, said the planned spinoff of the memory business will not be in the form of a subsidiary, but a completely independent company under another name.


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