Sigma Designs, Inc. (NASDAQ:SIGM) Files An 8-K Other Events

Sigma Designs, Inc. (NASDAQ:SIGM) Files An 8-K Other Events
Item 8.01. Other Events

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The disclosure set forth above under Item 2.01 is hereby incorporated by reference to this Item 8.01.

Additional Information and Where to Find It

Sigma Designs has filed a definitive proxy statement in connection with the announced sale of Sigma’s Z-Wave business to Silicon Labs (the “Z-Wave Sale”). Sigma Designs intends to file a supplement to the definitive proxy statement with additional information about the Transaction described above and the impact of the Transaction on the cash that will be available for distribution to shareholders if the Z-Wave Sale is completed. Investors and security holders of Sigma Designs are urged to read such proxy statement (including any amendments or supplements thereto) and any other relevant documents in connection with the Z-Wave Sale that Sigma has filed with the SEC because they contain important information about Sigma Designs and the Z-Wave Sale. Such materials filed by Sigma Designs with the SEC may be obtained free of charge at the SEC’s website (http://www.sec.gov) or at the Investor Relations page on Sigma Designs’ website at www.sigmadesigns.com or by writing to Sigma Designs’ Secretary at 47467 Fremont Blvd. Fremont, CA 94538 USA.

Sigma Designs and its directors and executive officers may be deemed to be participants in the solicitation of proxies from Sigma Designs’ shareholders with respect to the Z-Wave Sale. Additional information about Sigma Designs’ directors and executive officers is set forth in Sigma Designs’ proxy statement on Schedule 14A filed with the SEC on March 19, 2018 and Annual Report on Forms 10-K and 10-K/A for the fiscal year ended January 28, 2017. Information regarding their direct or indirect interests in the Z-Wave Sale will be set forth in the proxy statement and other materials to be filed with SEC.


About Sigma Designs, Inc. (NASDAQ:SIGM)

Sigma Designs, Inc. is a provider of global integrated semiconductor solutions. The Company offers media platforms for use in the home entertainment and home control markets. The Company sells its products into markets, including smart television, media connectivity, set-top box and Internet of Things (IoT) devices. The Company’s media processor product line consists of a range of functionally similar platforms that are based on integrated chips, embedded software and hardware reference designs. The Company’s media connectivity product line consists of wired home networking controller chipsets that are designed to provide connectivity solutions between various home entertainment products and incoming video streams. The Company’s IoT devices product line consists of its wireless Z-Wave chips and modules. The Company is engaged in the license of its internally developed intellectual property. It also offers legacy products that are sold into prosumer and other industrial applications.

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