Silicon Labs to acquire Sigma Designs for $282 million

Silicon Labs announced a definitive agreement to acquire Sigma Designs for $7.05 per share in a cash transaction valued at approximately $282 million. Sigma Designs provides Z-Wave technology for smart home IoT.

“Silicon Labs and Sigma Designs today announced a definitive agreement under which Silicon Labs will acquire Sigma Designs for $7.05 per share in a cash transaction valued at approximately $282 million.”news.silabs.com

• 1 source
• news.silabs.comSilicon Labs Announces Definitive Agreement to Acquire Sigma Designs, Inc.Dec 7, 2017

Summarized from public sources; check the original articles before acting on it.