Cirrus Logic, Inc. (NasdaqGS:CRUS) is looking for M&A. Venkatesh Nathamuni, Chief Financial Officer said, "we're using that cash not only to do some buybacks, but also looking at M&A from the standpoint of not only tuck-in acquisitions where we continue to fill portfolio gaps, but we do have the ability to do something that also helps with the market expansion goals that we have".
Cirrus Logic, Inc. is engaged in low-power, high-precision mixed-signal processing solutions. The Company's product line categories are Audio and High-Performance Mixed-Signal (HPMS). It is a supplier of low-power, low-latency, high-precision audio components that are used in a variety of applications, including smartphones, tablets, laptops, virtual reality/augmented reality headsets, home theater systems, automotive entertainment systems and professional audio systems. Its Audio Products include boosted amplifiers, codecs, smart codecs, analog-to-digital converters, digital-to-analog converters, and standalone digital signal processors. The Companyâs HPMS Products include camera controllers, haptics and sensing solutions, battery, and power integrated circuits (ICs). Additionally, the Companyâs SoundClear technology consists of a broad portfolio of tools, software and algorithms that help to differentiate its customersâ products by improving the user experience.