Lion Semiconductor Buy to Close in 30 Days: Cirrus Logic

Cirrus Logic agreed to buy Lion Semiconductor in an all-cash $335 million deal, said the buyer Thursday. The transaction gives Cirrus access to Lion’s fast-charging power applications portfolio in smartphones and laptops and speeds the growth of the Cirrus high-performance mixed-signal business, it said. The deal is expected to close within 30 days, it said.