Sigma Designs acquires Gennum's VXP image processing business

It was pretty much a done deal already, but now the final bit of paperwork has apparently been pushed. Sigma Designs has finally completed its acquisition of Gennum's VXP image processing business, which will enable it to "acquire assets of the VXP group including, but not limited to, products and intellectual property." As part of the deal, some 46 employees will be joining Sigma Designs -- oh, and Sigma's pocket book will be getting $18 million lighter, too.

[Via Widescreen Review]