FREMONT, CA and COLOMBES, FRANCE--(Marketwired - November 02, 2016) - Sigma Designs® (NASDAQ: SIGM), a leading provider of Smart TV platforms and IoT devices, and SoftAtHome, a software provider for operator CPE devices enabling convergent services for the digital home, announce their joint effort to create one of the most advanced Smart Home IoT integrated gateway solutions on the market using Z-Wave technology.
With a simple software upgrade, this extended collaboration between the two companies will bring easy integration of smart home and convergent IoT services and target initially two types of smart home deployments (1) chipsets within new boxes and (2) Z-Wave dongles added to installed boxes.
"We are excited about this extended collaboration with SoftAtHome, an independent software player, who knows how to work in close collaboration with operators," said Raoul Wijgergangs, vice president Z-Wave for Sigma Designs. "With Sigma's Z-Wave technology, we place consumer benefits such as ease of use and security at the heart of our solutions. SoftAtHome's expertise in the digital home will give us the opportunity to deliver these benefits to customers on top of operators' traditional packages, and to promote our interoperable ecosystem of over 1500 devices to operators."
"We are excited to extend our relationship with Sigma Designs to makes the IoT ecosystem larger thanks to a strong interoperable standard. We benefit from Sigma Designs large ecosystem and advanced features such as security; increased access speeds and IoT management and control. Our operator customers can now give their end-users a much higher level of control over their home environment," added Arnaud Bensaïd, VP Marketing of SoftAtHome.
SoftAtHome and Sigma Designs will be at Connections Europe from November 2nd to November 3rd 2016 in Amsterdam.
SoftAtHome is a fast growing software company delivering leading connectivity, Pay TV and digital services for Operator devices in the home. Through its SOP product, SoftAtHome is empowering operators to compete against local competition and global players alike by leveraging the ecosystem to deliver outstanding services. SOP is central to delivering standard based cost-effective solutions that are simple and long lasting. Its solutions are already deployed on over 30 million homes in more than 17 countries in multiple broadband and broadcast deployments for major operators. The company is headquartered in France with development and sales teams also in Belgium and the UAE.
For more information visit our website www.softathome.com or follow us @SoftAtHome.
About Sigma Designs
Sigma Designs, Inc. (NASDAQ: SIGM) is a world leader in enabling smart home convergence. The company designs and builds the essential semiconductor technologies that serve as the foundation for the world's leading Connected Smart TV platforms and Internet of Things (IoT) for smart home devices. For more information about Sigma Designs, please visit www.sigmadesigns.com.
Sigma Designs and the Sigma Designs logo are either registered trademarks or trademarks of Sigma Designs, Inc. and its subsidiaries in the United States and other countries. All other trademarks mentioned herein are believed to be trademarks of their respective owners.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 including statements about the potential benefits of the Z-Wave technology as well as Sigma's other products and technologies. Actual results may vary materially due to a number of factors including, but not limited to, general economic conditions, including the rate of adoption of Z-Wave technology, Sigma's ability to deploy and achieve market acceptance for Z-Wave chipsets and modules, the ability of Sigma's other SOC products and technologies to compete with products or technologies in the market, as well as other risks that are detailed from time to time in Sigma's filings with the Securities and Exchange Commission. In particular, see Sigma's recent quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available online and by request from Sigma. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. Sigma undertakes no obligation to publicly release or otherwise disclose the result of any revision to these forward-looking statements that may be made as a result of events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.