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Sigma Designs Inc (SIGM.OQ)

SIGM.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Sigma Designs Says If Merger Deal With Silicon Labs Terminated Under Certain Circumstances, Co To Pay Termination Fee Of $11.5 Mln
Friday, 8 Dec 2017 06:10am EST 

Dec 8 (Reuters) - Sigma Designs Inc ::SIGMA DESIGNS SAYS IF MERGER DEAL WITH SILICON LABS TERMINATED UNDER CERTAIN CIRCUMSTANCES, CO TO PAY SILICON TERMINATION FEE OF $11.5 MILLION -SEC FILING.  Full Article

Silicon Labs To Acquire Sigma Designs Inc
Thursday, 7 Dec 2017 05:00pm EST 

Dec 7 (Reuters) - Sigma Designs Inc ::SILICON LABS ANNOUNCES DEFINITIVE AGREEMENT TO ACQUIRE SIGMA DESIGNS, INC..SIGMA DESIGNS INC - SILICON LABS WILL ACQUIRE SIGMA DESIGNS FOR $7.05 PER SHARE.SIGMA DESIGNS INC - CASH TRANSACTION VALUED AT ABOUT $282 MILLION.SIGMA DESIGNS INC - BOARDS OF DIRECTORS OF BOTH CO HAVE APPROVED TRANSACTION.SIGMA DESIGNS - IF CERTAIN CLOSING CONDITIONS ARE NOT MET, SIGMA DESIGNS WOULD INSTEAD SELL ITS Z-WAVE BUSINESS TO SILICON LABS FOR $240 MILLION.SIGMA DESIGNS INC - SIGMA DESIGNS IS ALSO IN ACTIVE DISCUSSIONS WITH PROSPECTIVE BUYERS TO DIVEST ITS MEDIA CONNECTIVITY BUSINESS.SIGMA DESIGNS - PLANS TO DIVEST OR WIND DOWN SMART TV BUSINESS.SIGMA DESIGNS INC - SUBSEQUENT TO DIVESTITURE & RESTRUCTURING ACTIONS, SILICON LABS EXPECTS DEAL OF SIGMA DESIGNS TO BE ACCRETIVE ON A NON-GAAP BASIS.  Full Article

Sigma Designs Q3 Non-GAAP Loss Per Share $0.25
Thursday, 7 Dec 2017 04:15pm EST 

Dec 7 (Reuters) - Sigma Designs Inc ::SIGMA DESIGNS, INC. REPORTS THIRD QUARTER FISCAL YEAR 2018 FINANCIAL RESULTS.Q3 NON-GAAP LOSS PER SHARE $0.25.Q3 GAAP LOSS PER SHARE $0.49.Q3 REVENUE $33.9 MILLION VERSUS I/B/E/S VIEW $38.6 MILLION.Q3 EARNINGS PER SHARE VIEW $-0.15 -- THOMSON REUTERS I/B/E/S.  Full Article

Sigma Designs reports Q2 non-GAAP loss per share $0.23
Thursday, 7 Sep 2017 04:05pm EDT 

Sept 8 (Reuters) - Sigma Designs Inc :Sigma Designs Inc reports second quarter fiscal year 2018 financial results.Q2 non-GAAP loss per share $0.23.Q2 GAAP loss per share $0.33.Q2 revenue $39.5 million versus I/B/E/S view $39.6 million.Q2 earnings per share view $-0.19 -- Thomson Reuters I/B/E/S.Sigma Designs Inc - ‍company is continuing to work with Deutsche Bank to help explore alternatives​.Sigma Designs Inc -‍ During review period, co continues to implement previously announced restructuring plans.  Full Article

Sigma Designs, unit enter into semiconductor technology license agreement
Friday, 18 Aug 2017 04:58pm EDT 

Aug 18 (Reuters) - Sigma Designs Inc ::Sigma Designs Inc - on August 14, co and its unit entered into a semiconductor technology license agreement with Telechips Inc - SEC filing.Sigma Designs- pursuant to deal, Sigma Designs to license certain set top box semiconductor cores, software to telechips in exchange for license fee.Sigma Designs - does not anticipate incurring additional operating expense as result of joint cooperation deal or in connection with license deal.Sigma Designs Inc- ‍co, Telechips agreed to transition their development relationship to license arrangement; to terminate joint cooperation agreement​.  Full Article

Sigma Designs engages Deutsche Bank Securities to assist in exploration of strategic alternatives
Wednesday, 26 Jul 2017 09:00am EDT 

July 26 (Reuters) - Sigma Designs Inc :Sigma Designs announces the engagement of financial advisor to explore options for enhancing stockholder value.Sigma Designs says its board has engaged Deutsche Bank Securities as a financial advisor to assist in its exploration of strategic alternatives.Sigma Designs Inc - ‍review may result in sigma continuing to implement value-enhancing initiatives as a standalone company​.Sigma Designs - review may result in Sigma continuing to implement initiatives such as sale of co or certain product lines, or other possible transactions.Says no decision has been made to enter into any transaction at this time.Sigma Designs Inc - ‍no decision has been made to enter into any transaction at this time​.Says there is no set timetable for exploration of strategic alternatives.  Full Article

Sigma Designs says Soros Fund Management reports open market purchase of 44,405 shares of co's common stock
Tuesday, 11 Jul 2017 05:19pm EDT 

July 11 (Reuters) - Sigma Designs Inc :Sigma Designs Inc says Soros Fund Management reports open market purchase of 44,405 shares of co's common stock at average price of $5.62/share on july 10.Sigma Designs Inc says Soros Fund Management reports open market purchase of 100 shares of co's common stock at average price of $5.65/share on july 11.  Full Article

Sigma Designs Inc reports Q1 GAAP loss per share $0.39
Tuesday, 6 Jun 2017 04:05pm EDT 

June 6 (Reuters) - Sigma Designs Inc : :Sigma Designs Inc reports first quarter fiscal year 2018 financial results.Q1 GAAP loss per share $0.39.Q1 revenue $39.6 million versus I/B/E/S view $39.4 million.Q1 earnings per share view $-0.21 -- Thomson Reuters I/B/E/S.Sigma Designs Inc - ‍in process of finalizing our new generation z-wave system-on-chip, and expect to start sampling by end of this fiscal year​.  Full Article

Sigma Designs Q4 GAAP loss per share $0.23
Wednesday, 29 Mar 2017 04:05pm EDT 

Sigma Designs Inc : Sigma Designs, Inc reports fourth quarter and fiscal year 2017 financial results . Q4 GAAP loss per share $0.23 . Q4 revenue $42.7 million versus I/B/E/S view $43.3 million . Q4 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S .Sigma Designs Inc - initiated an expense reduction program designed to lower annual operating expenses by approximately 10 percent compared with fiscal 2017.  Full Article

Soros Fund Management reports 5.31 pct passive stake in Sigma Designs
Monday, 23 Jan 2017 08:04pm EST 

Sigma Designs Inc - :Soros Fund Management Llc reports 5.31 percent passive stake in Sigma Designs Inc as of January 12 - SEC filing.  Full Article

BRIEF-Sigma Designs Says If Merger Deal With Silicon Labs Terminated Under Certain Circumstances, Co To Pay Termination Fee Of $11.5 Mln

* SIGMA DESIGNS SAYS IF MERGER DEAL WITH SILICON LABS TERMINATED UNDER CERTAIN CIRCUMSTANCES, CO TO PAY SILICON TERMINATION FEE OF $11.5 MILLION -SEC FILING Source text: [http://bit.ly/2B0CX2B] Further company coverage: