Silicon Labs has completed the acquisition of Sigma Designs’ Z-Wave business, including a team of approximately 100 employees, for $240 million in an all-cash transaction.
Z-Wave is a leading mesh networking technology for the smart home. More than 2,400 certified, interoperable Z-Wave devices are available from the Z-Wave Alliance of more than 700 manufacturers and service providers worldwide.
Combining Z-Wave’s mesh technology and product interoperability focus with Silicon Labs’ multi-protocol expertise gives smart home developers access to a large, varied network of ecosystems and to a full range of end-node technology options.
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