Cirrus Logic Completes Acquisition of Wolfson Microelectronics
August 21 2014 - 11:30AM
Business Wire
Strengthens Company’s Leadership Position in
Audio ICs and Software for Portable Applications
Cirrus Logic, Inc. (NASDAQ: CRUS) today announced that it
has completed its acquisition of Wolfson Microelectronics. Cirrus
Logic believes that the acquisition will strengthen its position as
a market leader with a highly differentiated global customer base
and end-to-end signal processing solutions, including integrated
circuits and software for portable audio applications.
“Wolfson has a rich history of audio innovation, a broad catalog
of audio products and a first-class customer list,” said Jason
Rhode, Cirrus Logic president and chief executive
officer. “This acquisition strengthens Cirrus Logic’s core
business as a leader in audio signal processing components,
enhances our ability to differentiate our products with software,
and adds new product categories such as MEMS microphones to our
portfolio.”
Cirrus Logic will provide financial information for the combined
company when it reports Q2 FY15 results.
About Cirrus Logic, Inc.
Cirrus Logic develops high-precision, analog and mixed-signal
integrated circuits for a broad range of innovative customers.
Building on its diverse analog and signal-processing patent
portfolio, Cirrus Logic delivers highly optimized products for a
variety of audio and energy-related applications. The company
operates from headquarters in Austin, Texas, with offices in
Edinburgh, UK, Phoenix, Ariz., Europe, Japan and Asia. More
information about Cirrus Logic is available at www.cirrus.com.
Cirrus Logic, Cirrus and the Cirrus Logic logo are registered
trademarks of Cirrus Logic, Inc. Other brand names or trademarks
belong to their respective holders.
© 2014 Cirrus Logic, Inc. All rights reserved.
U.S.Cirrus Logic, Inc.Bill Schnell,
512-851-4084bill.schnell@cirrus.comorStrategic Communications,
Inc.Angie Hatfield,
425-941-2895ahatfield@strategiccom.bizorU.K.AxiComHelen
Ridgway, +(44) 07711 837 345helen.ridgway@axicom.com
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