
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...