Sigma Designs, a provider of system-on-a-chip (SoC) solutions for IPTV set-top boxes and consumer electronics, announced Wednesday that it has reached a definitive agreement to acquire CopperGate, a Tel Aviv-based company that provides Silicon-based modem solutions for distributing broadband digital content in the home over coax, phone and power lines. The cash and stock deal, which has been approved by both companies' boards, values CopperGate, which also maintains operations in the US and Taiwan, at $160 million.
North America