Cirrus Logic, Inc. · NASDAQ:CRUS

Cirrus Logic — Merger or Acquisition (July 2021)

8 slides from Cirrus Logic's merger presentation, Jul 8, 2021

  1. Slide 1: Cirrus Logic to Acquire Lion Semiconductor

    Cirrus Logic to Acquire Lion Semiconductor July 8, 2021

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement Except for historical information contained herein, the matters set forth in this presentation contain forward-looking statements including our statements about the company’s expectations to close the acquisition within 30 days; to be immediately accretive to earnings per share

  3. Slide 3: Lion Semiconductor Acquisition Overview

    Transaction $335 million All cash transaction Timing Expected to close within 30 days Subject to customary closing conditions Financials Immediately accretive to GAAP and non-GAAP EPS Expected to contribute approximately $60 million in revenue between deal close and the end of FY22 with strong growt

  4. Slide 4: Compelling Strategic Rationale

    Compelling Strategic Rationale proprietary switched-capacitor technology for rapid chargingDelivers compelling differentiation through ultra-rapid charging of battery devicesTechnology is integrated in device itself, close to the battery, with an attach rate of one per device or higherEnables higher

  5. Slide 5: Strengthens Position in High-Performance Mixed-Signal

    Strengthens Position in High-Performance Mixed-Signal Accelerates company’s strategy to drive growth in new high-performance mixed-signal areasAdds over $1.5B to high-performance mixed-signal SAM in smartphones, laptops and other devicesGrows ASPs and total content value with leading general market

  6. Slide 6: Fast-Charging Features Increasingly Important

    Fast-Charging Features Increasingly Important Market Trends Driving adoption Consumers are pushing for faster, higher-power wired and wireless charging OEMs are increasingly positioning fast charging as a key differentiator across all product tiersAdvanced switched-capacitor ICs enable fast charging

  7. Slide 7: Summary

    Summary Accelerates growth of high-performance mixed-signal business Expands Cirrus Logic’s technology leadership through unique intellectual property and fast-charging products for smartphones, laptops and other devices Diversifies product portfolio and drives content expansion opportunities with n

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