<SEC-DOCUMENT>0001157523-12-005842.txt : 20121107
<SEC-HEADER>0001157523-12-005842.hdr.sgml : 20121107
<ACCEPTANCE-DATETIME>20121107110054
ACCESSION NUMBER:		0001157523-12-005842
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20121106
ITEM INFORMATION:		Cost Associated with Exit or Disposal Activities
ITEM INFORMATION:		Regulation FD Disclosure
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20121107
DATE AS OF CHANGE:		20121107

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CIRRUS LOGIC INC
		CENTRAL INDEX KEY:			0000772406
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				770024818
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-17795
		FILM NUMBER:		121185355

	BUSINESS ADDRESS:	
		STREET 1:		800 WEST 6TH STREET
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
		BUSINESS PHONE:		512-851-4000

	MAIL ADDRESS:	
		STREET 1:		800 WEST 6TH STREET
		CITY:			AUSTIN
		STATE:			TX
		ZIP:			78701
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a50468931.htm
<DESCRIPTION>CIRRUS LOGIC, INC. 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <font style="font-size: 12pt; font-family: Times New Roman"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><b><font style="font-size: 12pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 12pt"></font><font style="font-size: 12pt; font-family: Times New Roman">WASHINGTON,
      D.C. 20549</font></b><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><b>______________</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><br><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 14pt; font-family: Times New Roman"><b>FORM
      8-K</b></font><br><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 12pt; font-family: Times New Roman"><b>CURRENT
      REPORT</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 11pt; font-family: Times New Roman"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF THE</b></font><font style="font-size: 11pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 11pt"></font><font style="font-size: 11pt; font-family: Times New Roman"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-family: Times New Roman"><br style="font-family: Times New Roman"></font><font style="font-size: 12pt; font-family: Times New Roman">Date
      of report (Date of earliest event reported): &#160;&#160;&#160;&#160;&#160;&#160;&#160;</font><font style="font-size: 12pt; font-family: Times New Roman"><b>November
      6, 2012</b></font><br><br><br>
    </p>
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          &#160;
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <font style="font-size: 18pt"><b>CIRRUS LOGIC, INC.</b></font>
          </p>
        </td>
        <td style="width: 25%">

        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <p style="font-family: Times New Roman; margin-top: 0px; margin-bottom: 0px; font-size: 10pt">
            <font style="font-size: 10pt; font-family: Times New Roman">(Exact
            name of Registrant as specified in its charter)</font>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <br>

    </p>
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          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>Delaware</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="white-space: nowrap; text-align: center; width: 30%; padding-left: 0.0px; border-bottom: solid black 1.0pt; padding-right: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>0-17795</b>
          </p>
        </td>
        <td style="width: 5%">
          &#160;
        </td>
        <td style="white-space: nowrap; text-align: center; width: 30%; padding-left: 0.0px; border-bottom: solid black 1.0pt; padding-right: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>77-0024818</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (State or Other Jurisdiction of
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Incorporation or Organization)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: center; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (Commission
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            File Number)
          </p>
        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: center; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            (IRS Employer
          </p>
          <p style="margin-top: 0px; margin-bottom: 0px">
            Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>
      <br>

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
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          &#160;
        </td>
        <td style="text-align: center; width: 55%; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>800 W. 6<sup>th</sup> Street, Austin, TX</b>
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 5%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 5%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
        <td style="white-space: nowrap; text-align: center; width: 30%; padding-left: 0.0px; border-bottom: solid black 1.0pt; padding-right: 0.0px" valign="bottom">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <b>78701</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="text-align: center; width: 55%; padding-left: 0.0px" valign="bottom">
          <font style="font-size: 10pt; font-family: Times New Roman">(Address
          of Principal Executive Offices)</font>
        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="text-align: center; width: 30%; padding-left: 0.0px" valign="bottom">
          <font style="font-size: 10pt; font-family: Times New Roman">(Zip
          Code)</font>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      <font style="font-size: 10pt; font-family: Times New Roman">Registrant&#8217;s
      telephone number, including area code: &#160;&#160;</font><font style="font-size: 10pt; font-family: Times New Roman"><b>(512)
      851-4000</b></font><font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt"></font>
    </p>
    <p style="text-align: center">
      <font style="font-size: 10pt; font-family: Times New Roman"><br style="font-family: Times New Roman; font-size: 10pt">
      </font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Times New Roman"><!--end_optional_former-->
      </font><font style="font-size: 10pt; font-family: Times New Roman">Check
      the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Written communications pursuant to Rule 425 under the Securities Act (17
      CFR 230.425)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
      CFR 240.14a-12)</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Pre-commencement communications pursuant to Rule 14d-2(b) under the
      Exchange Act (17 CFR 240.14d-2(b))</font><br><font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font><font style="font-size: 10pt; font-family: Times New Roman">
      Pre-commencement communications pursuant to Rule 13e-4(c) under the
      Exchange Act (17 CFR 240.13e-4(c))</font><br><br><br>
    </p>
    <hr style="height: 2.0 pt; color: #000000; text-align: center; width: 100%">


    <p>

    </p>
    <div style="margin-right: 0pt; text-indent: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <b>Item 2.05&#160;&#160;&#160;&#160;Costs Associated with Exit or Disposal Activities.</b>
    </p>
    <p>
      On November 6, 2012, Cirrus Logic, Inc. (the &#8220;Company&#8221;) committed to a
      plan (the &#8220;Plan&#8221;) to close its Tucson, Arizona design center and move
      those operations, including development efforts related to motor control
      technology, to the Company&#8217;s headquarters in Austin, Texas.&#160;&#160;This
      restructuring will eliminate approximately 25 employees in Tucson,
      Arizona, or 4% of the Company&#8217;s total workforce, as well as relocate to
      Austin, Texas approximately 20 positions, which are primarily research
      and development positions. The Company anticipates the closure to be
      materially completed by December 31, 2012.&#160;&#160;
    </p>
    <p>
      The Company estimates that it will incur a one-time charge for
      relocation, severance-related items and facility related costs to
      operating expenses totaling approximately $3.5 million to $4.0 million,
      which will be paid over the remainder of the 2012 calendar year through
      calendar year 2015.&#160;&#160;This estimate includes: (i) up to $1.5 million in
      relocation and related costs; and (ii) up to $2.5 million in facility
      related costs and other employee related charges. The Company expects
      approximately $2.0 million in cash expenditures under the Plan, and does
      not anticipate any significant cash outlays related to the disposition
      of assets impaired under the Plan. In addition, the Company anticipates
      annualized savings of approximately $2.0 million to $2.5 million from
      this action along with a significantly more effective product
      development structure.
    </p>
    <p style="text-align: justify">
      <b>Item 7.01&#160;&#160;&#160;&#160;Regulation FD Disclosure.</b>
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      On November 7, 2012, the Company issued a&#160;press release&#160;announcing the
      relocation of its development efforts related to motor control
      technology from Tucson, Arizona, to Austin, Texas. A copy of the&#160;press
      release&#160;is attached hereto as Exhibit 99.1. In addition, the Company
      indicated in the &#8220;Ask the CEO&#8221; update described in Item 8.01 that the
      relocation of these development efforts does not change the Company&#8217;s
      previous Q3 FY13 combined R&amp;D and SG&amp;A expense guidance.
    </p>
    <p style="text-align: justify">

    </p>
    <p style="text-align: justify">
      <b>Item 8.01&#160;&#160;&#160;&#160;Other Events.</b>
    </p>
    <p style="text-align: justify">
      On November 7, 2012, the Company posted on its website an update to the
      &#8220;Ask the CEO&#8221; detailing current information regarding the Company. The
      &#8220;Ask the CEO&#8221; questions and answers can be found at
      http://investor.cirrus.com/asktheCEO.cfm. Cirrus Logic encourages
      investors to visit its investor website from time to time, as
      information is updated and new information is posted.&#160;&#160;
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      The information contained in Items 7.01 and 9.01 in this Current Report
      on Form 8-K and the exhibits attached hereto shall not be deemed &#8220;filed&#8221;
      for purposes of Section 18 of the Securities Exchange Act of 1934, as
      amended (the &#8220;Exchange Act&#8221;), 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.
    </p>
    <p style="text-align: justify">
      Except for historical information contained herein, the matters set
      forth in this Current Report on Form 8-K contain forward-looking
      statements, including the Company&#8217;s anticipated cost and timing of the
      closure of its Tucson, Arizona design center, the Company&#8217;s combined
      research and development and selling, general, and administrative
      expense levels, and share-based compensation expense. These
      forward-looking statements are based on our current expectations,
      estimates and assumptions and are subject to certain risks and
      uncertainties that could cause actual results to differ materially. Such
      risks and uncertainties include, but are not limited to, the ability to
      achieve cost savings and efficiencies through consolidation; the timing
      and cost of the Company&#8217;s design center closure, including without
      limitation the timing of cash expenditures.&#160;&#160;Additional information
      regarding these and other risk factors are listed in our Form 10-K for
      the year ended March 31, 2012, and in our other filings with the
      Securities and Exchange Commission, which are available at www.sec.gov.
    </p>
    <p>

    </p>
    <p style="text-align: justify">
      <b>Item 9.01&#160;&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap; text-align: justify; margin-left: 30.0px">
      (d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<b>Exhibits</b>
    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 3%">
          &#160;
        </td>
        <td style="text-align: left; width: 11%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit</u>
          </p>
        </td>
        <td style="width: 4%">
          &#160;
        </td>
        <td style="text-align: left; width: 82%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 3%">

        </td>
        <td style="width: 11%">

        </td>
        <td style="width: 4%">

        </td>
        <td style="width: 82%">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 3%">

        </td>
        <td style="text-align: left; width: 11%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Exhibit 99.1
          </p>
        </td>
        <td style="width: 4%">

        </td>
        <td style="text-align: left; width: 82%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Press release dated November 7, 2012
          </p>
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-right: 0pt; text-indent: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">
      <font style="font-size: 10pt; font-family: Times New Roman"><b>SIGNATURES</b></font>
    </p>
    <p style="text-indent: 30.0px">
      <font style="font-size: 10pt; font-family: Times New Roman">Pursuant to
      the requirements of the Securities Exchange Act of 1934, Registrant has
      duly caused this report to be signed on its behalf by the undersigned
      thereunto duly authorized.</font>
    </p>
    <p style="text-indent: 30.0px">

    </p>
<div style="text-align:left">
    <table style="font-family: Times New Roman; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 5%">

        </td>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <p style="margin-top: 0px; margin-bottom: 0px">
            CIRRUS LOGIC, INC.
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 30%">

        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="width: 5%">

        </td>
        <td style="width: 30%">

        </td>
        <td style="text-align: left; width: 15%; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: left; padding-bottom: 2.0px; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Date:
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 45%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            November 7, 2012
          </p>
        </td>
        <td style="text-align: left; padding-bottom: 2.0px; width: 5%; padding-left: 0.0px" valign="top">
          By:
        </td>
        <td style="text-align: left; width: 30%; padding-left: 0.0px; border-bottom: solid black 1.0pt" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            /s/ Thurman K. Case
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Name:&#160;Thurman K. Case
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
      <tr>
        <td style="width: 5%">

        </td>
        <td style="width: 45%">

        </td>
        <td style="text-align: left; width: 5%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            &#160;
          </p>
        </td>
        <td style="text-align: left; width: 30%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            Title:&#160;&#160;Chief Financial Officer
          </p>
        </td>
        <td style="width: 15%">

        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <div style="margin-right: 0pt; text-indent: 0pt; margin-left: 0pt; width: 100%; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="height: 1.5pt; color: black">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>EXHIBIT&#160;INDEX</b>
    </p>
    <p style="text-align: center">

    </p>
    <div style="text-align:center">
    <table style="font-family: Times New Roman; margin-left:auto;margin-right:auto; width: 100%; margin-bottom: 10.0px; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="text-align: left; width: 14%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Exhibit No.</u>
          </p>
        </td>
        <td style="text-align: left; width: 86%; padding-left: 0.0px" valign="top">
          <p style="margin-top: 0px; margin-bottom: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
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            99.1
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            Press release dated November 7, 2012.
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<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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      <b>Exhibit 99.1</b>
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    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>Cirrus
      Logic to Move Motor Control IC Team to Austin Headquarters</b></font>
    </p>
    <p>
      AUSTIN, Texas--(BUSINESS WIRE)--November 7, 2012--Cirrus Logic Inc.
      (Nasdaq: CRUS), a leader in high-precision analog and digital signal
      processing components, announced today that it is moving its motor
      control IC team to its headquarters in Austin, Texas from Tucson, Ariz.
      The company employed approximately 45 employees at the company&#8217;s
      facility in Tucson. Approximately 20 Tucson-based employees were
      extended offers to remain with the company in Austin, and approximately
      25 employees are no longer with the company.
    </p>
    <p>
      &#8220;The decision to close our Tucson office is not one we made lightly as
      it disrupts the lives of our hard-working employees,&#8221; said Jason Rhode,
      president and chief executive officer. &#8220;However, our energy control
      initiative, including motor control, is extremely important to the
      company and having this product development team based in our Austin
      headquarters will strengthen our focus and maximize our product
      development efficiency.&#8221;
    </p>
    <p>
      The company expects to be vacated from its Tucson facility by Dec. 31,
      2012.
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    <p>
      <b>Cirrus Logic, Inc.</b>
    </p>
    <p>
      Cirrus Logic develops high-precision, analog and mixed-signal integrated
      circuits for a broad range of innovative customers. Building on its
      diverse analog and signal-processing patent portfolio, Cirrus Logic
      delivers highly optimized products for a variety of audio and
      energy-related applications. The company operates from headquarters in
      Austin, Texas, with offices in Europe, Japan and Asia. More information
      about Cirrus Logic is available at the company&#8217;s website.
    </p>
    <p>
      Cirrus Logic and Cirrus are trademarks of Cirrus Logic Inc. All other
      product names noted herein may be trademarks of their respective holders.
    </p>
    <p>
      <i><b>Safe Harbor Statement</b></i>
    </p>
    <p>
      Except for historical information contained herein, the matters set
      forth in this release contain forward-looking statements, including the
      Company&#8217;s anticipated timing of the closure of its Tucson, Arizona
      design center. These forward-looking statements are based on our current
      expectations, estimates and assumptions and are subject to certain risks
      and uncertainties that could cause actual results to differ materially.
      Such risks and uncertainties include, but are not limited to, the
      ability to achieve efficiencies through consolidation and the timing of
      the Company&#8217;s design center closure. Additional information regarding
      these and other risk factors are listed in our Form 10-K for the year
      ended March 31, 2012, and in our other filings with the Securities and
      Exchange Commission, which are available at <u>www.sec.gov.</u>
    </p>
    <p>
      CRUS-F
    </p>
    <p>
      CONTACT:<br>Cirrus Logic, Inc.<br>Bill Schnell, 512-851-4084<br>Public
      Relations Manager<br><u>bill.schnell@cirrus.com</u>
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