March 6 (Reuters) - INFINEON TECHNOLOGIES AG:

* SKYWATER TO ACQUIRE INFINEON'S AUSTIN FAB

* TRANSACTION STRENGTHENS U.S.-BASED PRODUCTION OF ESSENTIAL

CHIPS

FOR INDUSTRIAL, AUTOMOTIVE AND DEFENSE APPLICATIONS

* LONG-TERM SUPPLY AGREEMENT ENSURES INFINEON A CONTINUED

HIGH-VOLUME MANUFACTURING BASE IN U.S.

* ALL CURRENT FAB 25 EMPLOYEES WILL BECOME SKYWATER

EMPLOYEES AS

PART OF AGREEMENT

Further company coverage:

(Gdansk Newsroom)