CE Chipmaker Sigma Designs to Acquire Zensys

Authored by Mark Hefflinger on December 18, 2008 - 11:37am.

Milpitas, Calif. - Sigma Designs, a maker of digital media processors for consumer electronics, said on Thursday that it has acquired Zensys, a developer of wireless technology for the automation and remote control markets.

Financial terms of the all-cash deal, expected to close by year's end, were not disclosed.

Zensys' headquarters will be physically merged into the headquarters of Sigma Designs in Milpitas, California.

Zensys is a developer of single-chip radio frequency chips called Z-Wave that have been designed into over 250 smart home products in the areas of audio/video entertainment, lighting and appliance control, energy management, access and security control and building automation, among others.

 

Related Links:
http://www.businesswire.com/news/home/20081218005267/en

http://www.sigmadesigns.com

http://www.zen-sys.com

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