Sigma Designs, Inc. (SIGM) - NASDAQ
  • Nov. 10, 2015, 4:57 PM
    • Sigma Designs (NASDAQ:SIGM) is buying Bretelon, a starting said to consist of "a purely R&D staff of highly qualified engineers focused on developing ASICs and software for mobile IoT applications," for $22M in cash.
    • Sigma, which already targets the home automation segment of the IoT space through its Z-Wave SoCs, modules, and firmware, says the purchase will help it "bring products to market in the fast growing mobile IoT space during calendar year 2016 and begin to ramp a new revenue stream in calendar year 2017." Bretelon will underpin a Sigma mobile IoT product line.
    | Nov. 10, 2015, 4:57 PM | 1 Comment
  • Jun. 9, 2014, 10:36 AM
    • A slew of chip stocks are rallying following Analog Devices' (ADI +5.9%) $2B deal to acquire RFIC vendor Hittite Microwave.
    • The purchase is part of an M&A wave that has hit the semiconductor industry over the last 12 months, as chipmakers try to gain scale, cut opex, and grow their cross-selling opportunities by consolidating. Other deals: RF Micro/TriQuint, Avago/LSI, Microchip/ISSC.
    • ADI, which shares many telecom equipment, defense/aerospace, and automotive clients with Hittite, predicts Hittite's RF, microwave, and millimeter wave ICs will complement its RF and signal-conversion (ADC/DAC) products.
    • Several RF and analog/mixed signal chipmakers are higher, but they're not the only gainers: RFMD +1.8%. TQNT +1.8%. PSMI +2.5%. LLTC +1.6%. MSCC +2.1%. IDTI +3.8%. ATML +3.4%. IRF +1.4%. SIGM +3.9%. AMCC +3.8%.
    | Jun. 9, 2014, 10:36 AM
Company Description
SSigma Designs, Inc. is a provider of connected media platforms for use in home entertainment and control. It focuses on integrated chipset solutions that serve as the foundation for some of the world's leading internet protocol television, or IPTV, set-top boxes, connected media players,... More
Sector: Technology
Industry: Semiconductor - Specialized
Country: United States