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Cirrus Logic Celebrates 25 Years of Chip Innovation

Mon. September 28, 2009; Posted: 12:26 PM
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Look up the PowerRating of CRUS and see how it has performed over the past week as well as the current proprietary PowerRating.

AUSTIN, Texas, Sep 28, 2009 (BUSINESS WIRE) -- CRUS | Quote | Chart | News | PowerRating -- Austin-based chipmaker Cirrus Logic Inc. (Nasdaq: CRUS | Quote | Chart | News | PowerRating) is celebrating its 25th anniversary this September. Originally founded in 1984 to provide integrated circuits (ICs) for the growing PC components market, Cirrus Logic has evolved 25 years later as a leading supplier of signal processing components for audio and energy applications.

Among its many achievements, Cirrus Logic is recognized as the pioneer of the fabless model for the semiconductor industry, going against industry conventions at the time when most chip companies required their own manufacturing resources. Today, hundreds of semiconductor companies globally have adopted the fabless model. In product innovation, the company is recognized as a leading-edge designer of the audio converter, which converts analog signals into digital signals and vice versa. Cirrus Logic audio chips can be found inside the latest cutting-edge electronics, housed within the most respected brands for consumer and professional products worldwide.

Most recently, Cirrus Logic has accelerated its market share in portable audio products with innovative devices for leading manufacturers of media players, smart phones, camcorders and gaming devices. Leveraging its model for success in portable audio products, Cirrus Logic is now developing innovative new energy products to reduce energy consumption for consumer applications, such as laptop chargers, appliances and home electronics.

"Twenty-five years is a long time in the semiconductor industry, and while Cirrus Logic today is a very different company we're very proud of our legacy for pioneering products and innovations that continue to drive our current success," said Jason Rhode, president and chief executive officer. "We're a leader in audio products and we're excited about the future of the company as we roll out our new energy products."

Cirrus Logic in Austin

Cirrus Logic moved its headquarters to Austin from the Silicon Valley in 1999. It currently employs nearly 500 people worldwide, including more than 300 in Austin, with operations in Tucson, Arizona. The company has sales offices throughout Europe, Japan and Asia.

In 2009, the company was named as one of the "Best Companies to Work for in Texas." Cirrus Logic is an active participant in the Austin community, supporting organizations such as KLRU and Austin City Limits. The company is also a major sponsor of the Health Alliance for Austin Musicians (HAAM) and contributes each year to numerous local and national charities.

Cirrus Logic Inc.

Celebrating its 25th year as a leading fabless semiconductor company in 2009, Cirrus Logic develops high-precision, analog and mixed-signal integrated circuits for a broad range of innovative customers. Building on its diverse analog and signal-processing patent portfolio, Cirrus Logic delivers highly optimized products for a variety of audio and energy-related applications. The company operates from headquarters in Austin, Texas, with offices in Tucson, Ariz., Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com.

Cirrus and Cirrus Logic are trademarks of Cirrus Logic Inc. All other product names noted herein may be trademarks of their respective holders.

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6059867&lang=en

SOURCE: Cirrus Logic Inc.

Cirrus Logic, Inc. 
Bill Schnell, 512-851-4084 
bill.schnell@cirrus.com
For full details on Cirrus Logic Inc (CRUS) click here. Cirrus Logic Inc (CRUS) has Short Term PowerRatings of 8. Details on Cirrus Logic Inc (CRUS) Short Term PowerRatings is available at This Link.

    


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