Short Take: Cirrus Logic spins off Nuera Communications
Cirrus Logic has sold its wholly owned subsidiary, Nuera Communications, to HarbourVest Partners in a $21 million cash deal. Cirrus spun off Nuera, which specializes in voice- and data-integration systems for networking customers, in order to focus on its core area of system-level integrated circuits.
has sold its
wholly owned subsidiary, Nuera
Communications, to HarbourVest Partners in a
$21 million cash deal. Cirrus spun off Nuera, which specializes in voice-
and data-integration systems for networking customers, in order to focus on
its core area of system-level integrated circuits.