Silicon Laboratories, Inc. · NASDAQ:SLAB
Silicon Laboratories — Merger or Acquisition (September 2003)
16 slides from Silicon Laboratories's merger presentation, Sep 25, 2003
Slide 1: Expanding Market Leadership
Exhibit 99.3 «Ss SILICON LABORATORIES a Expanding Market Leadership
Slide 2: Private Securities Litigation Reform Act of 1995
Private Securities Litigation Reform Act of 1995 This presentation contains forward-looking statements based on Silicon Laboratories’ current expectations. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially
Slide 3: Transaction Highlights
Transaction Highlights + Silicon Laboratories to acquire privately held Cygnal Integrated Products Transaction value = $60M at closing Earn-out capped at $65M » Earn-out period will be based on Q2-04 through Q1-05 revenue Consideration in SLAB stock in a tax-free reorganization » 1.2 million shares
Slide 4: Rationale
Rationale g Strate Large and attractive market opportunity » Consistent with diversification strategy » Broadens total addressable market » Adds customer and product breadth Synergistic products and engineering expertise » Analog-intensive, mixed-signal » Strong system selling opportunity » Interest
Slide 5: Consistent with Corporate Strategy
Consistent with Corporate Strategy VY $s billions-bit Mcu+ $9 Diversity in Customers and Markets billion high-performance T T analog” Strategic Filter for New Products: wv Design first-of-a-kind solutions Patented, high margin, Develop intellectual property asa barrier to entry long life cycle produ
Slide 6: Overview of Cygnal
Overview of Cygnal world’s smallest mixed-signal ooo ooe Private, founded in 1999 Based in Austin, TX: 62 employees CY02 revenues $5.2M 13,000 development kits shipped Complete development tools 35 patents issued or pending Product focus: » C8051F family of high-margin, general purpose 8-bit microco
Slide 7: Cygnal Products-Value Proposition
Cygnal Products-Value Proposition ¢@ CF8051F family: Improved performance, ease-of-use and lower BOM Typical 8-bit MCU System Comparable Cygnal Solution 19.4% 16.6 mm=320 sq mm 412mm x 12mm = 144 Samm Configurable High Programmable HO Mix Performance Anatog one = Ly 2K f0 128K inSystor = Programmabl
Slide 8: Cygnal-Differentiated Products
Cygnal-Differentiated Products @ Intelligent, mixed-signal 8051 architecture @ Industry leading performance @ Flexible, programmable Clear advantages in: >» CPU throughput >» A/D performance > D/A conversion » Serial connectivity >» Size Attribute # FLASH MCUS CPU Throughput AID Converter AID Perfor
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Slide 13: Silicon Laboratories Mission
Silicon Laboratories Mission Global Leadership in High-Performance, Analog-Intensive, Mixed-Signal IC Solutions @ oy SILICON LABORATORIES 13
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Searchable text section of graphics shown above Exhibit 99.3 [LOGO] SILICON LABORATORIES [GRAPHIC] Expanding Market Leadership Private Securities Litigation Reform Act of 1995 This presentation contains forward-looking statements based on Silicon Laboratories’ current expectations. These forward-loo
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