Silicon Labs finalizes acquisition of Z-Wave technology
April 20, 2018
AUSTIN, TX. Silicon Labs has completed the acquisition of Sigma Designs’ Z-Wave business, including approximately 100 employees, for $240 million. This adds Z-Wave mesh technology to Silicon Labs’ existing multi-protocol wireless hardware and software portfolio, which already includes Bluetooth, Thread, Wi-Fi, Zigbee, and proprietary protocols. The company has committed to advancing the Z-Wave technology roadmap in collaboration with the Z-Wave Alliance.
“Adding Z-Wave to Silicon Labs’ extensive IoT connectivity portfolio allows us to deliver a unified vision for the wireless technologies underpinning the smart home market,” says Tyson Tuttle, CEO of Silicon Labs. “Our smart home vision is one where multiple technologies work securely together, where any device using any of our connectivity options easily joins the home network, and where security updates and feature upgrades occur automatically.”
More than 2,400 Z-Wave-certified devices are currently available from more than 700 manufacturers and service providers.
Products and announcements will be available on www.silabs.com.