Saturday, April 21, 2018

Silicon Labs acquires Sigma Design's Z-Wave (G.9959) business for $240M

Silicon Labs has acquired Sigma Designs' Z-Wave business, including a team of approximately 100 employees, for $240 million in an all-cash transaction. Z-Wave mesh networking technology based on the open, internationally recognized ITU standard (G.9959).0 More than 2,400 certified, interoperable Z-Wave devices are available from the thriving Z-Wave Alliance of more than 700 manufacturers and service providers worldwide. Silicon Labs said the deal...

Comcast and Charter form 50/50 partnership for mobile backend

Comcast and Charter announce a 50/50 operating platform partnership focused on the development and design of backend systems that support Comcast’s Xfinity Mobile and Charter’s Spectrum Mobile service. The partnership will be governed by a four-person board of directors, with two directors representing each of Comcast and Charter. The partnership will be based in Philadelphia and will utilize Comcast employees to support the development of the platform...