Trade Cirrus Logic
Cyrus Logic Inc. is a US fabless semiconductor supplier that specializes in analog, mixed signal, and Sound DSP Integrated Circuits (ICs). Since 1998, the company has been headquartered in Austin, Texas.The company's audio processors and voice converters have been featuring in audio and consumer entertainment products, including smartphones, tablets, digital headphones, automotive entertainment systems, home theater receivers, and smart home applications, such as smart speakers. The company has more than 3,200 customers including Ford, Harman International, Atron, LG, Lenovo, Onkyo, Marantz, Motorola, Panasonic, Pioneer, Samsung, Sirius XM, Sony, Apple, and Vizioder. Shis Patel Company was founded as Patel Systems, Inc. in Salt Lake City in 1981. He adopted the name "Cyrus Logic" when he moved to Silicon Valley in 1984. Patel Systems, founded in Salt Lake City, UT, in 1981 by Dr. Shas Patel, and in 1983 the company was reorganized by Dr. Patel, Kamran Elahian, and venture capitalist Fred Nazim, who provided the company, Nazem and the company's first/start round of financing. The company was later renamed Seros Logic when it moved to Silicon Valley in 1984 to focus on solutions to the growing computer component market. Michael Hackworth was appointed President and Ceo in January 1985 and served as CEO until February 1999. It joined the NASDAQ list in 1989 (symbol: CRUS). Cyrus Logic Obtained Crystal Semiconductor, a supplier of analog The hybrid signal adapter ICs, in 1991. In the early 1990s, Cirrus Logic became a supplier of computer graphics chips, audio adapters and chips for magnetic storage products. David D. Frans joined Cyrus Logic as President and Chief Operating Officer in June 1998 and was appointed CEO in February 1999. Shortly after joining the company, through an acquisition strategy, Mr. Franks repositioned the company as a major supplier of high-performance analog and digital processing chip solutions for consumer entertainment electronics, and shortly thereafter, Mr. Franks joined. M Youssef Bala as Vice President of Operations and Manufacturing, which contributed to its increased success. The company announced in April 2000 that it had completed the relocation of its headquarters to Austin, Texas. In June 2005, Cyrus Logic sold its video products operations to an investment firm, resulting in the creation of privately owned semiconductors. Following the resignation of The Frenchman in March 2007, Jason Rudd, former vice president and general manager of the voice division of Mixed Signal signal ing at Cyrus Logic, was appointed president and CEO in May 2007. In 2014 Cyrus bought Logic Wolfson Microelectronics for about $467 million.