Cypress Semiconductor And Arrow Electronics Collaborate On Iot

Cypress Semiconductor (NASDAQ: CY) and Arrow Electronics (NYSE: ARW) recently announced an expanded partnership for Internet of Things development. The companies will collaborate on tech and marketing, and the deal also involves Arrow's IndyCar sponsorship.Cypress has historically been a provider of digital memory chips and microcontrollers. In the last few years, though, the company has expanded its scope to become a builder of integrated wireless systems.

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