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Sigma Designs, Inc. (SIGM)

  • Tue, Nov. 10, 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.
    | Tue, Nov. 10, 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 | Comment!
Company Description
Sigma Designs Inc is a integrated semiconductor solutions provider offering intelligent media platforms for use in the home entertainment and home control markets.