Cirrus logic acquires audio signal processing leader acoustic
technologies
Austin, texas--(business wire)--cirrus logic, inc. (nasdaq: crus) announced today that it has acquired acoustic technologies, inc. the mesa, ariz.,-based firm is a leader in embedded firmware voice processing technology, including noise reduction, echo cancelation and voice enhancement. “acoustic tech's team of audio experts and their proven voice processing technologies are a welcome addition to cirrus logic's arsenal,” said jason rhode, president and chief executive officer, cirrus logic. “we expect the combination of sophisticated voice-processing algorithms and cirrus logic's market leading audio hardware to provide a very compelling value proposition for our customers.” acoustic technologies has approximately 30 employees who have now joined cirrus logic. 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 arizona, europe, japan and asia. more information about cirrus logic is available at www.cirrus.com. cirrus logic and cirrus are trademarks of cirrus logic, inc. safe harbor statement except for historical information contained herein, the matters set forth in this news release contain forward-looking statements related to the expected benefits of the acquisition of acoustic technologies, inc. these forward-looking statements are based on our current expectations and assumptions and are subject to certain risks and uncertainties that could cause actual results to differ materially. for factors that could cause our results to vary from expectations, please see the risk factors listed in our form 10-k for the year ended march 30, 2013, and in our other filings with the securities and exchange commission, which are available at www.sec.gov. we undertake no obligation to update or revise any forward-looking statements, whether as a result of new developments or otherwise.
CRUS Ratings Summary
CRUS Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission