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Stock impact report

HTEC Acquires German end-to-end IoT solution provider eesy-innovation to Strengthen IoT, Embedded Engineering, and AI Capabilities and expand its footprint in DACH region [Yahoo! Finance]

INFINEON TECHS AG S/ADR (IFNNY) 
NASDAQ:AMEX Investor Relations: infineon.com/cms/en/about-infineon/investor
Company Research Source: Yahoo! Finance
in San Mateo, announced today the acquisition of eesy-innovation, embedded hardware and software engineering company based in Munich, Germany, and Granada, Spain. This acquisition is part of HTEC's overall strategy to further enhance its capabilities in embedded and IoT technologies, and AI solutions, creating additional value for clients and providing growth opportunities for the talent of both companies. At the same time, this acquisition further strengthens HTEC's footprint in the EU, and especially DACH region. Since its inception in 2008 in Belgrade, HTEC has been attracting and developing top talent. HTEC's growing team fuses Silicon Valley-based design thinking with world-class software engineering, supporting global clients with end-to-end digital product development, from strategy and conceptualization to digital product design and sophisticated engineering. Eesy-innovation, founded in 2015, in Munich, works with some of the most innovative companies in the world, such as Show less Read more
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