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: TechAgreements

Sigma Designs, Inc. To Acquire Coppergate Communications LTD. Creating A Leading Provider of Networked Home Entertainment Semiconductor Solutions

By TechAgreements

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MILPITAS, Calif. and TEL AVIV, ISRAEL -- October 13, 2009 -- Sigma Designs®, Inc. (NASDAQ: SIGM) (?Sigma?) and CopperGate Communications Ltd. (?CopperGate?) today announced that the companies have entered into a definitive agreement for Sigma to acquire CopperGate in a cash and stock transaction with an agreed value of $160 million, net of CopperGate?s cash at the closing of the transaction.

Full post as published by TechAgreements on October 13, 2009 (boomark / email).

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