Cirrus Logic, which makes chips for consumer electronics, has announced an agreement to acquire Fremont, Calif.-based LuxSonor Semiconductors for about $65 million in stock. LuxSonor, which makes DVD-video processors and audio-video semiconductors, will add to Austin, Texas-based Cirrus' growing DVD-related business.
Cirrus buys DVD chipmaker
Cirrus Logic, which makes chips for consumer electronics, has announced an agreement to acquire Fremont, Calif.-based LuxSonor Semiconductors for about $65 million in stock. LuxSonor, which makes DVD-video processors and audio-video semiconductors, will add to Austin, Texas-based Cirrus' growing DVD-related business.
Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.