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  • Reuters2 years ago

    Apple supplier Cirrus to buy Samsung chip maker Wolfson

    U.S. handset maker Cirrus Logic Inc is to buy British microchip maker Wolfson Microelectronics for an agreed 291 million pounds ($489 million) to boost its audio division, the two firms said on Tuesday. Cirrus is a supplier to Apple . "Wolfson has a rich history of audio innovation, a broad catalogue of audio products and a first class customer list," Cirrus Chief Executive Jason Rhode said. "This acquisition strengthens Cirrus Logic's core business as a leader in audio signal processing components."

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