Sigma Designs Acquired By Silicon Labs For $282M
Fremont-based Sigma Designs said Thursday that it is being acquired by Silicon Labs, in a deal worth $282M. Silicon Labs is paying $7.05 per share in cash for Sigma Designs. Sigma Designs develops the Z-Wave Internet-of-Things (IoT) technology used for smart home traffic. Silicon Labs was advised by Morgan Stanley & Co., LLC, with Sigma Designs advised by Deutsche Bank in the deal.
posted on Friday, December 8, 2017
Related companies:
Sigma + Partners
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