Why is Distribution Outperforming Suppliers?

This past financial quarter has driven home the adage that business concentration among a few large customers has its downside.  For example, although Apple Inc. sold almost 48 billion iPhones in Q2, many of its suppliers – according to CNN and others – were “getting crushed:” Just look at Cirrus Logic (CRUS), which makes micro chips…

Cirrus Completes Wolfson Buy

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…

Cirrus Releases 2014 Results

Cirrus Logic, Inc. (Nasdaq: CRUS), a leader in high-precision analog and digital signal processing components, today posted on its investor relations website at http://investor.cirrus.com the quarterly Shareholder Letter that contains the complete financial results for the fourth quarter and full fiscal year 2014, which ended March 29, as well as the company’s current business outlook.…

Cirrus Logic Acquires Acoustic Technologies

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,”…