Cypress to Address Two Investor Conferences in August

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Go back to Cypress to Address Two Investor Conferences in August

Cypress Semiconductor (CY) Announces Completion of TrueTouch Divestiture; Updates Q3 Outlook

August 10, 2015 8:15 AM EDT

Cypress Semiconductor (NASDAQ: CY) announced that it completed the divestiture of its TrueTouch mobile touchscreen business to Parade Technologies, Ltd., a leading supplier of video displays and interface ICs headquartered in Silicon Valley. The divestiture, which was completed as expected on July 31, 2015, will enable Cypress to continue its focus on embedded automotive and industrial markets. Under the terms of the deal, Cypress will continue to provide TrueTouch capacitive touchscreen solutions to automotive, industrial and home appliance... More