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Sigma Designs (SIGM), a leading provider of Smart TV platforms and IoT devices, today announced that its Board of Directors has engaged Deutsche Bank Securities Inc., as a financial advisor to assist in its exploration of strategic alternatives that may enhance stockholder value.
Update(s):
December 07, 2017: Silicon Laboratories Inc. (SLAB) and Sigma Designs, Inc. (SIGM) today announced a definitive agreement under which Silicon Labs will acquire Sigma Designs for $7.05per share in a cash transaction valued at approximately $282 million, subject to certain closing conditions.