The story
Sigma Designs was founded in 1982 and is based in Fremont, California, with locations in Canada, Denmark, France, Israel, Japan, Netherlands and Singapore. In September 2002, Sigma Designs and Thirdspace, the broadband TV enablement company, announced that they were combining technologies to improve the quality of streaming video solutions over broadband Internet Protocol (IP) networks.
Sigma Designs began making boards for computers, such as the RealMagic MPEG decoder. Its products were used in many of the first Blu-ray players since 2005. Sigma media processors also have more than ten-year history in the IPTV market.
In late 2007 Sigma Designs released the first 1080p capable media player chipset, the SMP863x. It spawned a series of stand-alone media players from early 2008 onwards.
Sigma Designs' products were sold worldwide through a direct sales force and distributors. Sigma's Common Stock, publicly traded since 1986, was listed on the NASDAQ National Market under the symbol SIGM.
On December 7, 2017, Silicon Labs announced a definitive agreement to acquire Sigma for approximately $282m. On January 23, 2018, Sigma announced it was unable to meet certain closing conditions, and instead it planned to sell its Z-Wave business to Silicon Labs for $240m, and liquidate the company. The sale of the Z-Wave business to Silicon Labs was completed on April 18, 2018.
From Wikipedia’s article on Sigma Designs, shared under CC BY-SA 4.0.6