Linz: Infineon Austria acquires all shares in DICE

Sep 30, 2019 | Business & Financial Press

Villach/Linz, 30 September 2019 – Effective today, Infineon Technologies Austria AG acquires all shares in the associated company DICE (Danube Integrated Circuit Engineering) in Linz from Univ.-Prof. Dr. Richard Hagelauer. This makes Infineon Austria the 100-percent owner of DICE, which was founded by Univ.-Prof. Dr. Richard Hagelauer as a spin-off company of Johannes-Kepler University (JKU) Linz in 1999. Over the past twenty years, the site has become the global center of competence for high-frequency technologies within the Infineon Group with world-leading expertise in radar chips for driver assistance systems.

"We would like to thank Prof. Hagelauer for the successful joint development of the site and for his appreciative cooperation", says Sabine Herlitschka, CEO of Infineon Technologies Austria AG. "The Development Center Linz plays a central, strategic role for Infineon: It is here that the key technologies for automated driving and mobile radio applications are developed." A new company building is now under construction in Donaufeldstrasse, scheduled for occupation in early summer 2020.

Tandem for DICE Management
There will also be a change in the current management: As of 1 October, the Development Center in Linz will be under the dual leadership of the two previous managing directors Manfred Ruhmer and Peter Zeiner. Gerhard Riess is retiring from the management team and will assume an international management position in the Infineon Group. His responsibilities will be taken over by Manfred Ruhmer who will continue to push the research activities in Linz and the innovation network combination of industry, research and educational institutions. The financial responsibility for the development site will remain with Peter Zeiner.

About Infineon in Linz
The Infineon Austria holding company DICE (Danube Integrated Circuit Engineering) with its current team of 180 people is specialized in the development of high-frequency components. The high-frequency chips developed in Linz are, for example, installed in smart phones, tablet PCs and navigation systems to improve reception or also as distance warning systems in cars. Infineon is the technology and world market leader in this segment of 77 GHz radar chips.

About Infineon Austria

Infineon Technologies Austria AG is a group subsidiary of Infineon Technologies AG, a world-leading provider of semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon reduce the energy consumption of consumer electronics, domestic appliances and industrial facilities. They make a major contribution to the convenience, security and sustainability of vehicles, and enable secure transactions in the Internet of Things.

Besides Germany, Infineon Austria is the only subsidiary within the group that pools competencies for research and development, production as well as global business responsibility. The head office is in Villach, with further branches in Graz, Klagenfurt, Linz and Vienna. With 4,201 employees from around 60 countries (including 1,813 in research and development), in the financial year 2018 (ending in September) the company achieved a turnover of € 2.9 billion. An R&D expense rate of €498 million makes Infineon Austria the strongest industrial research company in Austria.

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