Entering text into the input field will update the search result below

Sigma Designs +8.6% after selling off another unit

Feb. 07, 2018 10:25 AM ETSigma Designs, Inc. (SIGM) StockBy: Brandy Betz, SA News Editor
  • Sigma Designs (OTC:SIGM) will sell its Wired Connectivity Business Unit to Integrated Silicon Solution for $28M in cash.
  • Deal expected to close in Q1 of Sigma’s FY19. The quarter ends on April 28.
  • Silicon Labs was set to acquire Sigma but the deal fell through. Sigma sold its Sigma Z-Wave business to Silicon Labs and has now offloaded another unit.   
  • Sigma Designs shares are up 8.6%.  
  • Previously: Sigma Designs -8.6% on unit sale after acquisition falls through (Jan. 23)
  • Previously: Founding CEO departs Sigma Designs (Jan. 29)

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
SIGM--
Sigma Designs, Inc.