Cirrus Logic is the fastest fabless company to achieve $1 billion in revenues, doing so in 45 quarters.
Under the terms of the agreement, which is not final, Cirrus Logic would buy equipment for the plant and lease it back to Digital.
However, Cirrus Logic does not provide software to manipulate their hardware.
Tripath was purchased later that year by Cirrus Logic.
Lexar was spun off from Cirrus Logic in 1996.
Technology stocks stumbled yesterday, led by Cirrus Logic, which plunged 7, to 19 7/8.
Cirrus Logic plunged 12 3/4, or 31 percent, to 28.
Emulated Cirrus Logic graphic cards are used in emulators.
He founded the company Cirrus Logic a fabless semiconductor company.
He is the Chairman Emeritus of Cirrus Logic from 1997.