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Silicon Labs acquires Sigma Designs' Z-Wave Business

April 25, 2018Paul Ragusa

AUSTIN, Texas—Silicon Labs announced this week the completed acquisition of Sigma Designs' Z-Wave business for $240 million in an all-cash transaction.“With Z-Wave now being a part of Silicon Labs we have really created an IoT powerhouse,” Raoul Wijgergangs, VP/GM of the Z-Wave Business in Silicon Labs, told Security Systems News. “Every short-range IoT technology is now combined into one company, so I believe that any company that is looking to do something with low-power...

Raoul Wijgergangs, Sigma Designs, Silicon Labs, Tyson Tuttle, Z-Wave