Sigma Designs (SIGM) +3.3% AH after disclosing it has licensed its Z-Wave home networking...

|About: Sigma Designs, Inc. (SIGM)|By:, SA News Editor

Sigma Designs (SIGM) +3.3% AH after disclosing it has licensed its Z-Wave home networking protocol to an unnamed partner for $16.8M, which will be paid over the next 12 months. Z-Wave is aimed at low-bandwidth applications such as meter reading and lighting control.