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Sigma Designs, Inc. to Acquire CopperGate Communications Ltd. Creating a Leading Provider of Networked Home Entertainment Semiconductor Solutions.

Publication: Electronics Newsweekly
Publication Date: 28-OCT-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Sigma Designs[R], Inc. (NASDAQ:SIGM) ("Sigma") and CopperGate Communications Ltd. ("CopperGate") announced that the companies have entered into a definitive agreement for Sigma to acquire CopperGate in a cash and stock transaction with an agreed value of $160 million, net of CopperGate's cash at the closing of the transaction.

CopperGate is a leading provider of silicon-based modem solutions enabling distribution of broadband digital content over all three types of wires in the home: coax, phone and power. CopperGate solutions are deployed by service providers enabling the delivery of HDTV, VoIP and fast...

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