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CRUS > SEC Filings for CRUS > Form 8-K on 17-Aug-2012All Recent SEC Filings

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Form 8-K for CIRRUS LOGIC INC


17-Aug-2012

Other Events


Item 8.01 Other Events.

As previously reported, on July 30, 2012, Cirrus Logic, Inc. (the "Company") entered into an agreement to sell the assets associated with its Apex Precision Power business in Tucson, Ariz., for $26 million (the "Asset Sale Agreement").

On August 17, 2012, the Company closed the transaction contemplated by the Asset Sale Agreement. After the closing of the transaction, Cirrus Logic will continue to maintain a high voltage/high power IC design team in Tucson.

The information contained in Item 8.01 in this Current Report on Form 8-K may contain forward-looking statements regarding the Company and cautionary statements identifying important factors that could cause actual results to differ materially from those anticipated. In addition, this information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall they be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.


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