Rumors that Cirrus Logic could be acquired by Apple have led to an increase in share price for the integrated circuits company, according to a Barron’s report citing a subscription-based market news service.

Cirrus Logic shares are reporteldy trading higher in the pre-market session on rumors that the company is being acquired by Apple, the Barron’s report reads.

The publication claims to have obtained this information from the subscription-based market news service TheFlyOnTheWall.com, adding that Apple is a large customer for Cirrus.

It makes a final not saying Cirrus is up 46 cents, or 2.8%, to $16.84.
Cirrus supplies linear, DSP, and mixed-signal chips for storage, communications, consumer, and industrial applications, and sells under the Crystal brand.

The company is recognized worldwide for its expertise in developing high-precision, analog and mixed-signal integrated circuits for a broad range of audio and energy markets.

Specifically, audio products include: ADCs, DACs, codecs, Class D amplifiers, DSPs, S/PDIF receivers and sample rate converters.

In what may be considered relayed news, Apple is seeking a Senior Acoustics ATE Engineer for its iPhone division.

“The iPhone/iPod Engineering Division has a strong history of designing evolutionary consumer electronics that have touched millions and changed the way people listen to music,” the company states.

“The iPhone is the next step in that evolutionary process.”

The Acoustics ATE Engineer would “support ATE Engineering for development of Test fixtures, production test equipment, and device debug down to component level,” Apple claims.

“The candidate will be expected to develop, optimize and debug, as well as run automated test software, generate test reports, specify and acquire lab equipment/components/tools, and main tracking records of test reports and equipment and support engineering prototyping and debugging of the products,” the job description adds.

Requirements include 3+ years of professional experience, knowledge of Acoustics, Signal Processing, or audio processing, as well as knowledge of automating instruments and components used in acoustic and audio measurements.