BERLIN, May 31 (Reuters) - Infineon (IFXGn.DE) is looking for small- and medium-sized acquisitions worth up to 3 billion euros ($3.30 billion) that would fit well with the German chipmaker's portfolio, Chief Financial Officer Sven Schneider told Germany's Focus Money magazine.
"We are now aiming for smaller and medium-sized acquisitions in order to strengthen ourselves selectively in those areas where we can become even better," said Schneider.
Acquisitions can range from 1 to 3 billion euros, said Schneider, who added that liquidity was not an issue.
"We have liquidity of almost 3 and a half billion euros.
That currently corresponds to about 2.6 billion euros," he said.
Persons:
Sven Schneider, Germany's, Schneider, Miranda Murray, Friederike Heine Our
Organizations:
Infineon, Thomson
Locations:
BERLIN