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Sigma Designs acquires CopperGate

Thu, 10/15/2009 - 8:35am
Brian Santo

Sigma Designs is set to buy CopperGate Communications, as it continues on a path to create a silicon powerhouse in the home networking space.

Sigma Designs is spending a combination of cash (about $92 million) and stock totaling about $160 million to buy CopperGate, one of the chip vendors helping to get the new G.hn standard defined, ratified and commercialized.

Last December, Sigma Designs bought Zensys, the company that developed the Z-Wave standard, aimed at connecting household appliances and home control systems.

CopperGate, which began by specializing in chips for HomePNA, has become a key backer of G.hn, which aims to bridge the major home networking protocols for all wireline media (coaxial, phone line and powerline).

G.hn is on the brink of being fully ratified, and several chip companies, including CopperGate, are in the process of translating their G.hn chip designs into silicon.

More Broadband Direct 10/15/09:
•  Sigma Designs acquires CopperGate
•  Samsung TVs go direct to Blockbuster on-demand
•  AT&T fires another salvo over Google Voice 
•  Charter extends Chapter 11 timetable
•  Away from the financial bust, tech stocks boomed
•  UTStarcom, Starent settle legal spat
•  PC shipments gain in Q3
•  Broadband Briefs for 10/15/09

 

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