AUSTIN, Texas, 30 July 2007.Cirrus Logic Inc., maker of high-precision analog and digital signal processing components, has closed on its agreement to acquire Apex Microtechnology, a provider of precision high-power analog amplifier products, for approximately $42 million in cash.
Apex Microtechnology makes integrated circuits, hybrids, and modules used in a range of industrial and aerospace applications that require high-power precision analog products, such as PWM and power amplifiers. These precision amplifiers are used for driving motors, piezo electrics, programmable power supplies, and other devices requiring high power and precision control.
Cirrus Logic intends to continue marketing the Apex hybrid products under the Apex precision Power brand and supporting Apex's approximately 80 products and 1,200 customers worldwide.
