Sigma Designs, Inc.
| Nasdaq: SIGM
Sigma Designs, Inc. is a provider of connected media platforms for use in home entertainment and control. It focuses on integrated chipset solutions that serve as the foundation for some of the world's leading internet protocol television, or IPTV, set-top boxes, connected media players, residential gateways and home control systems. The company has four chipset product lines: media processor products, home networking products, video image processor and encoder products and home control and energy management automation products. The media processor product line consists of platforms that include highly integrated chipsets and reference system designs. These products are based around media processing and typically combine video and audio decoding, graphics processing, display processing, security management, memory control, peripheral interfaces, and one or more application processors, or CPUs. The embedded software suite provides an operating environment and coordinates the real-time processing of digital video and audio content, is readily customizable by customers and is interoperable with multiple standard operating systems. The home networking product line consists of wired home networking controllers that are designed to provide connectivity solutions between various home entertainment products and incoming video streams. These connectivity solutions provide consumers additional connection choices with greater flexibility and allow system integrators and service providers an opportunity to reduce their time and cost of home networking installations. The video image processor and encoder products consist of the VXP brand video image processor chipsets and video encoder chipsets. The VXP chipsets are standalone high performance semiconductors that provide studio-quality video output or input for professional, prosumer and consumer applications and address applications, including audio/video receivers, broadcast studios, digital cinema, digital signage, front-projection home theatre televisions, HDTV, medical imaging and video conferencing systems. The video encoder chipsets are designed to capture video for visual telephony between set-top boxes, connected media players, VoIP devices, video conferencing TVs and video surveillance devices. The home control and energy management automation product line consists of wireless Z-Wave chipsets. These chipsets enable consumers to enjoy advanced home control and energy management automation functionality, such as home security, environmental and energy control and monitoring, within both new and existing homes. These devices consist of wireless transceiver devices along with a mesh networking protocol. The Z-Wave chipsets utilize a low-bitrate, low-power, low-cost RF communication technology that provides an interoperable connected home security, monitoring and automation solution. Sigma Designs sells its products into four primary markets: IPTV media processor, connected home, connected media player, and the prosumer and industrial audio/video markets. It also sells a small amount of its chipsets into other markets, such as the digital signage, high definition television, or HDTV, projection TV and PC-based add-in markets. The company was founded in 1982 and is headquartered in Milpitas, CA.