- Reuters•2 years ago
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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