Cirrus Logic Makes an Acquisition
Analog and mixed-signal chip designer Cirrus Logic announced today it acquired embedded firmware voice processing technology leader Acoustic Technologies, which employs 30 people who have since been hired by Cirrus Logic. Financial details of the transaction were not disclosed.
Welcoming the Acoustic team to the chip designer, Cirrus Logic President and CEO Jason Rhode said, "We expect the combination of sophisticated voice-processing algorithms and Cirrus Logic's market leading audio hardware to provide a very compelling value proposition for our customers."
Acoustics technology includes noise reduction, echo cancelation, and voice enhancement. Based in Austin, Texas, Cirrus Logic designs highly optimized products for a variety of audio and energy-related applications that are used in smartphones, tablets, and other electronic devices.
The article Cirrus Logic Makes an Acquisition originally appeared on Fool.com.Fool contributor Rich Duprey has no position in any stocks mentioned. The Motley Fool owns shares of Cirrus Logic. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.