Cirrus Logic, Inc. · NASDAQ:CRUS
Cirrus Logic — Merger or Acquisition (July 2021)
8 slides from Cirrus Logic's merger presentation, Jul 8, 2021
Slide 1: Cirrus Logic to Acquire Lion Semiconductor
Cirrus Logic to Acquire Lion Semiconductor July 8, 2021
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
Slide 3: Lion Semiconductor Acquisition Overview
Lion Semiconductor Acquisition Overview • $335 million Transaction • All cash transaction • Expected to close within 30 days Timing • Subject to customary closing conditions • Immediately accretive to GAAP and non-GAAP EPS Financials • Expected to contribute approximately $60 million in revenue betw
Slide 4: Compelling Strategic Rationale
Compelling Strategic Rationale PROPRIETARY SWITCHED-CAPACITOR TECHNOLOGY FOR RAPID CHARGING • Delivers compelling differentiation through ultra-rapid charging of battery devices • Technology is integrated in device itself, close to the battery, with an attach rate of one per device or higher • Enabl
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- Tablets Truly Wireless Headsets performance mixed-signal areas Wearables Laptops Other Adds over $1.5B to high- performance mixed-signal SAM in smartphones, laptops and other Smartphones
Slide 6: Fast-Charging Features Increasingly Important
Fast-Charging Features Increasingly Important MARKET TRENDS DRIVING ADOPTION LION’S UNIQUE SWITCHED-CAPACITOR CHARGING IP • Consumers are pushing for faster, higher- • Delivers higher-power efficiency enabling power wired and wireless charging faster charging with less power loss and • OEMs are incr
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
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