Silicon Laboratories, Inc. · NASDAQ:SLAB
Silicon Laboratories — Merger or Acquisition (December 2017)
9 slides from Silicon Laboratories's merger presentation, Dec 7, 2017
Slide 1: Legal Additional Information and Where to Find It
Legal Additional Information and Where to Find It Sigma Designs intends to file the applicable proxy statement(s) in connection with the Acquisition. Investors and security holders of Sigma Designs are urged to read such proxy statement(s) (including any amendments or supplements thereto) and any ot
Slide 2: Transaction Summary
Transaction Summary 3 Price/ Consideration Impact of Z-Wave Acquisition Non-Strategic Businesses Aligned with Silicon Labs’ IoT strategy, core competencies and targeted home automation and security market In-line with Silicon Labs’ target operating model Subsequent to divestiture and restructuring a
Slide 3: Our Target Non-GAAP Operating Model
Model Revenue 10-15% growth Gross Margin 58-60% R&D 20-22% SG&A 17-18% Total Operating Expenses 37-40% Non-GAAP Operating Income 20-25% Our Target Non-GAAP Operating Model 4 Gross margin, R&D, SG&A, total operating expenses, operating income and EPS are non-GAAP and exclude stock compensation expens
Slide 4: Z-Wave Overview
Z-Wave Overview An open and internationally-recognized ITU standard (G.9959) for mesh networking Backed by the Z-Wave Alliance, whose ecosystem includes 2100 certified, interoperable devices and 600 member companies More than 70 million Z-Wave devices deployed Popular mesh networking technology in t
Slide 5: Strategic Rationale
Highly complementary Z-Wave business: Aligned with Silicon Labs’ IoT strategy Expands IoT connectivity portfolio in strategic connected home market Introduces Silicon Labs to new customers and key ecosystem providers Adds key software engineering talent and expertise Financially and strategically at
Slide 6: Expanded Ecosystem and Customer Relationships
Silicon Labs IoT Customers Smart Home Smart Cities Smart Industry Expanded Ecosystem and Customer Relationships 7 Sigma Designs Z-Wave Customers MSO / Telecom Retail / DIY Home Security
Slide 7: Key Takeaways
Complementary to Silicon Labs’ IoT strategy, portfolio and connected home target market Introduces Silicon Labs to new customers and key ecosystem providers Adds key software engineering talent and expertise No change to our target operating model Subsequent to divestiture and restructuring actions,
Slide 8: Key Takeaways
Key Takeaways * Complementary to Silicon Labs’ loT strategy, portfolio and connected home target market * Introduces Silicon Labs to new customers and key ecosystem providers * Adds key software engineering talent and expertise = No change to our target operating model = Subsequent to divestiture an
Slide 9: Thank you!
Thank you! SILABS.COM
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