News Article
Cirrus Logic acquires China’s Caretta Integrated circuits
Cirrus Logic Inc. announced that it has purchased all of the outstanding stock of Caretta Integrated Circuits, a fabless integrated circuit (IC) design company based in Shanghai.
Cirrus Logic Inc. announced that it has purchased all of the outstanding stock of Caretta Integrated Circuits, a fabless integrated circuit (IC) design company based in Shanghai.
"Acquiring Caretta expands and diversifies Cirrus Logic's expertise in analogue IC technology, enables increased development of China-originated intellectual property, and provides us with a stronger, long-term strategic position to grow in China by developing our China-based organization," said David D. French, president and chief executive officer, Cirrus Logic. "This acquisition further focuses Cirrus Logic's growth efforts toward expanding segments of the analogue, mixed-signal IC market."