BNET Industries

Market Cap:$438.7M
Last Fiscal Year Sales:$209.1M
  • Public
  • US
Dow Jones Description

We are a leading fabless provider of highly integrated circuits including system-on-chip, or SoC, solutions that are used to deliver multimedia entertainment throughout the home. We currently offer four distinct technologies that we market as separate product lines: media processors, VXP video image processing, Ultra-wideband devices and Z-wave devices. Each of these technologies also contributes to our fully integrated SoC offerings. Our media processor product line represents a family of SoC solutions that combine our semiconductors and software and are a critical component of multiple high-growth, consumer applications that process digital video and audio content, including internet protocol TV, or IPTV, connected media player, high definition TVs, or HDTVs, and portable media players. Our media processors provide high definition digital video decoding for multiple compression standards, graphics acceleration, audio decoding, a central processing unit, or CPU, and display control. Our software provides control of media processing and system security management. Together, our media processor semiconductors and software form a complete SoC solution that we believe provides our customers with a foundation from which they can quickly develop feature-rich consumer entertainment products. ...

Chairman and Chief Executive Officer, Mechanicnet Group, Inc.Lung C. Tsai
Number of Employees 326
Contact Information

1778 McCarthy Blvd

Milpitas, California 95035

www.sigmadesign...

(408) 262-9003

NAICS Code Other Computer Peripheral Equipment Manufacturing: 334119

Recent Events

  • MIPS backs Android at Computex

    6/01/09 - Product Announcement - View Story

  • TAIPAI, Taiwan \ BUSINESS WIRE \ June 1, 2009 \ Sigma Designs (Nasdaq:SIGM), a leader...

    6/02/09 - Product Announcement - View Story

  • Sigma Designs shares dive after 1Q results

    5/28/09 - Bond / Stock Rating - View Story

  • Sigma's Share Price a Cause for Concern?

    5/27/09 - Bond / Stock Rating - View Story

  • Sigma Designs Issues 1Q Financials

    6/02/09 - Financial Announcement - View Story

  • Sigma Designs Introduces IP-Wave Single Chip Solution

    5/27/09 - Product Announcement - View Story

  • Sigma Designs logs profit, sees stabilizing demand

    3/04/09 - Financial Announcement - View Story

  • Sigma Designs Finished at Highest Level in 4 1/2 Months Friday

    2/17/09 - Bond / Stock Rating - View Story

  • Blusens Relies on Sigma Designs' Technology to Empower HDTV Home Entertainment Device

    1/22/09 - Licensing / Contract - View Story

  • MIPS-BasedTM Products at CES 2009 Span Digital Home, Networking and Mobile Markets

    1/15/09 - Licensing / Contract - View Story

  • Sigma Demos New Video Technology Solutions at CES

    1/10/09 - Product Announcement - View Story

  • SAN DIEGO, \ January 16, 2009/PRNewswire-FirstCall via COMTEX News Network/ -- DivX, Inc. (Nasdaq: DIVX),...

    1/16/09 - Joint Venture / Alliance - View Story

  • Sigma Designs Selects Sidense Memory for IPTV Product

    1/07/09 - Licensing / Contract - View Story

News & Analysis

sigma designs - All News and Analysis

Decision Makers

Name (plus bio) Position
Kit Tsui Chief Financial Officer
Mark Kent Chief Financial Officer
Thomas E. Gay Chief Financial Officer
David L. Lynch Senior Vice President of Sales and Marketing
Hung Nguyen General Manager & Vice President, Wireless Products Division
Jacques Martinella Vice President of Engineering
Kenneth Lowe Vice President, Business Development and Strategic Marketing
Julien Nguyen Managing Partner, Concept Ventures
Ernie Santella Director, Production
Jason Chen Founder & Director, Operations
Keith Jack Director of Product Marketing
Maggie Anderson Manager, HR

Board of Directors

Name (plus bio) Position
Lung C. Tsai Chairman and Chief Executive Officer, Mechanicnet Group, Inc.
Thinh Q. Tran Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer)
William J. Almon Chairman and Chief Executive Officer, Grandis, Inc.
Organization Position Status
Sigma Designs, Inc. Chairman and Chief Executive Officer, Mechanicnet Group, Inc. Current
Sigma Designs, Inc. Director Current
Organization Position Status
Sigma Designs, Inc. Chairman of the Board, President and Chief Executive Officer (Principal Executive Officer) Current
Sigma Designs, Inc. Co-Founder, Chairman and Chief Executive Officer Current
Trilogy Systems Corporation Former
Amdahl Corporation Former
Fujitsu Limited Former
Stanford University M.S.E.E. Former
University of Wisconsin B.S.E.E. Former
Organization Position Status
Sigma Designs, Inc. Chairman and Chief Executive Officer, Grandis, Inc. Current
Sigma Designs, Inc. Board of Directors Current
Grandis, Inc. Chief Executive Officer Former
Conner Peripherals President Former
Grandis, Inc. President Former
Conner Peripherals Chief Operating Officer Former
Grandis, Inc. Chairman of the Board Former

Ms. Tsui was appointed Managing Director, Singapore Operations in April 2008. Prior to this appointment, Ms. Tsui was the Vice President of Planning and Administration (February 2007 to April 2008), Chief Financial Officer (January 2001 to February 2007), and Chief Accounting Officer (January 2000 to January 2001). Ms. Tsui joined the Company in November 1982 as its Accounting Manager. During her tenure at the Company, Ms. Tsui was promoted to Director of Finance in February 1990, and to Corporate Secretary in December 1996. Ms. Tsui received a B.S. degree in accounting from San Francisco State University.

Organization Position Status
Sigma Designs, Inc. Chief Financial Officer Current
Sigma Designs, Inc. Managing Director Current
Sigma Designs, Inc. General Manager, Singapore Former
Sigma Designs, Inc. Director of Finance Former
San Francisco State University B.S. Degree In Accounting Former
Organization Position Status
Sigma Designs, Inc. Chief Financial Officer Current
Oak Investment Partners Chief Financial Officer Former
CrossWorlds Software Chief Financial Officer Former

Mr. Gay has more than 35 years of experience as a finance professional with the vast majority of his career spent at technology companies. From May 1998 to May 2007, Mr. Gay served as CFO of Catalyst Semiconductor (NASDAQ: CATS), a developer of mixed-signal and memory ICs for telecommunications, consumer, and other markets. At Catalyst, Mr. Gay played a fundamental role in the turnaround of the company during its insolvency period and achieved continued profitability for eight years thereafter. During his tenure, Mr. Gay was responsible for Finance, Treasury, Investor Relations, Human Resources, Information Technology, Insurance and Facilities. From 1981 to 1998, Mr. Gay held a succession of controller positions at five previous companies where he was generally responsible for all accounting functions and financial processes. These controller positions included the corporate controller for Wireless Access Inc., an earlier term as controller for Catalyst Semiconductor, the corporate controller for Sanmina Corporation, the controller and VP of administration at IndTech Corporation, and a division controller at NEC Electronics, USA. Mr. Gay holds a B.S. degree in Accounting from San Diego State University.

Organization Position Status
Sigma Designs, Inc. Chief Financial Officer Current
Catalyst Semiconductor Inc. Vice President of Finance and Administration Former
San Diego State University B.S. Degree In Accounting Former

Mr. Lynch has more than 27 years of professional experience in the semiconductor industry with a record of extraordinary results. From June of 2000 to February of 2008, Mr. Lynch served as the Senior Vice President and General Manager of the Video Products Division of Gennum Corporation, a developer of mixed signal and video processing products for the consumer and professional markets. During his tenure, Mr. Lynch played a fundamental role in re-shaping their semiconductor business and achieving profitable new growth. As Senior Vice President and General Manager, his responsibilities included full profit and loss responsibility for the Video Products division, including management of sales, marketing, product development and supply channels. From 1994 to 2000, Mr. Lynch served as the Vice President of Research and Development for Gennum. From 1978 to 1994, Mr. Lynch worked for Bell Northern Research as the Director of Semiconductor Subsystems Design, Senior Manager of IC Development, and additional engineering positions. Mr. Lynch holds a Bachelor of Engineering Science degree from the University of Toronto.

Organization Position Status
Sigma Designs, Inc. Senior Vice President of Sales and Marketing Current
Image Processing Senior Vice President Former
Gennum Corporation Vice President of Research and Development Former
Image Processing General Manager Former
Bell Northern Research Former
Micronet, LLC Former
University of Toronto Honours Bachelor of Engineering Science (Applied Physics) Former

Mr. Hung Nguyen is a seasoned executive and technologist with 21 years of experiences in semiconductor designs for wireless systems, optical drives and hard disk drives. He is a well-recognized authority in the fields of wireless communications and digital signal processing with over 22 patents. Mr. Nguyen joined Sigma Designs as the General Manager & VP of the Wireless Products Division through the acquisition of Blue7 Communications in February 2006. He was the Founder and CEO of Blue7, a privately-held company that developed the Ultra-Wideband Wireless chipsets for consumer electronics. Prior to founding Blue7, Mr. Nguyen worked at NeoMagic where he served as the Deputy General Manager & Sr. Director leading the marketing and engineering teams of the Optical Storage division. At NeoMagic he participated in a successful IPO and the Optical Storage division was later acquired by LSI Logic. Mr. Nguyen also held several management and engineering positions at Quantum Corporation and IBM. Mr. Hung Nguyen received a BSEE with distinction from University of Southern California and a MSEE from Santa Clara University. He was named Inventor of the Year at Quantum in 1995.

Organization Position Status
Sigma Designs, Inc. General Manager & Vice President, Wireless Products Division Current
NeoMagic Corporation Former
Santa Clara University Msee Former

Mr. Martinella has been the Vice President of Engineering, since December 1995. Mr. Martinella joined the Company in May 1994 as Director, VLSI Engineering. From June 1990 to April 1994, Mr. Martinella served in engineering and management positions at Weitek, a graphics chip manufacturer. In addition, Mr. Martinella was an engineer at National Semiconductor, a semiconductor manufacturer, from June 1982 to June 1990. Mr. Martinella received an engineering diploma from "Ecole Superieure d'Electricite" in Paris and an M.S.E.E. from Stanford University.

Organization Position Status
Sigma Designs, Inc. Vice President of Engineering Current
National Semiconductor Corporation Engineer Former
Weitek Corporation Former
Sigma Designs, Inc. Director Former
Stanford University M.S.E.E. Former

Mr. Lowe joined the Company in May 2000 as Vice President, Marketing and was promoted to Vice President, Business Development in January 2001. Prior to joining the Company, Mr. Lowe served as the Director of Multimedia Marketing for Cadence Design Systems. Prior to 1995, Mr. Lowe founded his own technology company, Performix, and also held various marketing management positions at Sierra Semiconductor, Chrontel, and Dataquest. In the late 1980's, Mr. Lowe served as Product Marketing Director of Sigma Designs.

Organization Position Status
Sigma Designs, Inc. Vice President, Business Development and Strategic Marketing Current
Gilder Publishing, LLC Vice President, Business Development and Strategic Marketing , Sigma Designs Current
Chrontel, Inc. Vice President of Marketing Former
Sigma Designs, Inc. Marketing Director Former
Cadence Design Systems, Inc. Director of Multimedia Marketing Former
Dataquest, Inc. Former
Organization Position Status
Concept Ventures Founder Current
Concept Ventures Managing Partner Current
Sigma Designs, Inc. Managing Partner, Concept Ventures Current
Nanodimension AG Current
IT-Farm Corporation Current
Grandis, Inc. Board of Directors Current
Envision Board of Directors Current
Sigma Designs, Inc. Director Current
The Emotions President Former
Planetweb, Inc Coo Former
The Emotions Chief Executive Former
Planetweb, Inc Vice President of Product Management Former
Concept Ventures Managing Director Former
The Emotions Founder Former
Radius Inc. Director of Product Development Former
August Capital Co-Investor Former
Kleiner Perkins Caufield & Byers Co-Investor Former
Grandis, Inc. Investor Former
Ecole Polytechnique Master of Science Former
Organization Position Status
Sigma Designs, Inc. Director, Production Current
Organization Position Status
Sigma Designs, Inc. Founder & Director, Operations Current
Diamond Multimedia, Inc. Former
San Jose State University M.S.E.E. degree Former
Organization Position Status
Sigma Designs, Inc. Director of Product Marketing Current
Video Demystified Current
Videobits.Org Current
Sigma Designs, Inc. Manager, Prod Marketing Former
Organization Position Status
Sigma Designs, Inc. Manager, HR Current

Executive News

  • Sigma Signs Bridge Team

    Light Reading - 6/03/09 - View Story

  • Z-Wave Utilizes Broadband Wireless Technology to Manage Home Energy Savings

    Broadband Wireless Exchange Magazine - 6/03/09 - View Story

  • TAIPAI, Taiwan \ (BUSINESS WIRE) \ June 1, 2009 \ Sigma Designs (Nasdaq:SIGM), a leader in digital media processing system-on-chip (SoC) solutions for consumer electronics, today announced that it has begun \','lightyellow','500')"; onMouseout="hideddrivetip()">Sigma Introduces Media Processor Optimized for Mainstream Blu-ray Players

    EDA Caf - 6/02/09 - View Story

  • Z-Wave and Energy Savings Go Hand in Hand

    Reuters - 6/02/09 - View Story

  • Sigma Designs Issues 1Q Financials

    TradingMarkets - 6/02/09 - View Story

  • MIPS(R) Licensees Demo Solutions for Android

    PR Newswire - 6/01/09 - View Story

  • Sigma Introduces New Thin Client Media Processor

    Reuters - 6/01/09 - View Story

  • Sigma Introduces New Thin Client Media Processor

    Business Wire - 6/01/09 - View Story

  • Sigma Introduces Media Processor Optimized for Mainstream Blu-ray Players

    Business Wire - 6/01/09 - View Story

  • MILPITAS, Calif. \ (BUSINESS WIRE) \ May 27, 2009 \ Sigma Designs®, Inc. (NASDAQ: SIGM), a leading provider of highly integrated system-on-chip, or SoC, solutions that are used to deliver multimedia \','lightyellow','500')"; onMouseout="hideddrivetip()">Sigma Designs, Inc. Reports First Quarter Fiscal 2010 Results

    EDA Caf - 5/30/09 - View Story

  • Sigma Designs shares dive after 1Q results

    CNBC - 5/28/09 - View Story

  • Sigma Designs: Q2 Forecast Ahead of Expectations

    Seeking Alpha - 5/28/09 - View Story

  • Sigma Designs, Inc. Reports First Quarter Fiscal 2010 Results

    EDA Caf - 5/28/09 - View Story

  • Sigma Designs, Inc. Reports First Quarter Fiscal 2010 Results

    Reuters - 5/27/09 - View Story

  • Sigma Designs 1Q Net Down 58% On Lower Sales, Charge

    Morningstar.com - 5/27/09 - View Story

  • Sigma Designs, Inc. Reports First Quarter Fiscal 2010 Results

    Forbes.com - 5/27/09 - View Story

  • Sigma Designs, Inc. Reports First Quarter Fiscal 2010 Results

    Business Wire - 5/27/09 - View Story

  • Sigma Designs Introduces IP-Wave Single Chip Solution

    TradingMarkets - 5/27/09 - View Story

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     SIGM $15.34 -1.10 (-6.69% )
Average Volume 531,770
Shares Outstanding 26.61M
Market Cap 408.2M
Year High 20.6
Year Low 6.93
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
Glass Door

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