M&A Deal Summary

ISDCorp. Acquires Cirrus Logic - PC Graphics Software Business

On October 13, 1998, ISDCorp. acquired software company Cirrus Logic - PC Graphics Software Business from Cirrus Logic

Acquisition Highlights
  • This is ISDCorp.’s 1st transaction in the Software sector.
  • This is ISDCorp.’s 1st transaction in the United States.
  • This is ISDCorp.’s 1st transaction in Texas.

M&A Deal Summary

Date 1998-10-13
Target Cirrus Logic - PC Graphics Software Business
Sector Software
Buyer(s) ISDCorp.
Sellers(s) Cirrus Logic
Deal Type Divestiture

Target

Cirrus Logic - PC Graphics Software Business

Austin, Texas, United States
Cirrus Logic, Inc. - PC Graphics Software Business is a provider of ongoing software support to Cirrus Logic PC graphics chip customers.

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Buyer(S) 1

Buyer

ISDCorp.

Donetsk, Ukraine

Category Company
Founded 1995
Sector Metals/Mining
DESCRIPTION

ISDCorp. is a transnational steel companies in Central and Eastern Europe Region. ISD is ranked among top 40 largest international steel producing companies with the annual production capacity amounting to 10 million tons of steel.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 1998 M&A 1 of 1

Seller(S) 1

SELLER

Cirrus Logic

Austin, Texas, United States

Category Company
Founded 1984
Sector Semiconductors
Employees1,609
Revenue 1.8B USD (2024)
DESCRIPTION
Cirrus Logic's headquarters in downtown Austin, Texas.
Cirrus Logic's headquarters in downtown Austin, Texas.

Cirrus Logic is a provider of high-precision analog and digital signal processing components for the audio and energy markets. Cirrus Logic was founded in 1984 and is based in Austin, Texas.


DEAL STATS #
Overall 1 of 5
Sector: Software M&A 1 of 1
Type: Divestiture M&A Deals 1 of 4
State: Texas M&A 1 of 1
Country: United States M&A 1 of 5
Year: 1998 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1991-01-01 Crystal Semiconductor

Texas, United States

Crystal Semiconductor is a provider of PC graphics chips, audio converters and chips for magnetic storage products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-10-29 Basis Communications

Fremont, California, United States

Basis Communications Corp. is a designer and marketer of advanced semiconductors and other products used in equipment that directs traffic across the Internet and corporate networks.

Sell -