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Integrated Silicon Solution, Inc. (ISSI) entered into a definitive agreement to acquire Sigma Designs Israel S.D.I. Ltd., the wired connectivity business of Sigma Designs. The transaction is expected to close later in February 2018.
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.