(SLAB) Advises Bluegiga on Its Sale to Silicon Labs

— M&A transaction in the Internet of Things ecosystem advised by leading global M&A technology advisor, Mooreland Partners

LONDON, Feb. 4, 2015  — Mooreland Partners (http://www.moorelandpartners.com), the leading global technology-focused M&A advisory firm, today announced that it has acted as the sole financial advisor to Bluegiga on its sale to Silicon Labs. The acquisition of Bluegiga, which offers market-leading wireless solutions to a wide variety of Internet of Things (IoT) applications and markets, further strengthens Mooreland’s position among the most active advisors to the electronics and industrial technologies sector.

“The Bluegiga transaction confirms that IoT continues to be a highly strategic area,” said Peter Globokar, Managing Director in Mooreland’s European office.” This is also an important transaction that sees a leading semiconductor vendor invest in the IoT module arena,” added Charlie Bullock, Managing Director in Mooreland’s Silicon Valley office.

Bluegiga provides high-performance short-range wireless modules and integrated software stacks, developing and selling a range of feature-rich Bluetooth, Bluetooth Smart-Ready, Bluetooth Smart and Wi-Fi solutions for short-range connectivity applications across IoT. The Company’s modules and proprietary software stacks combine seamlessly, resulting in easy-to-use products that have been rapidly designed-in and used by over 1,500 customers historic and current worldwide, many of them global tier-1 OEMs. Bluegiga’s products are integrated into a wide range of OEM products in multiple markets including industrial, commercial, consumer, automotive, retail (iBeacon and POS), residential, and health and fitness. Bluegiga was founded in 2000 and is headquartered in Espoo, Finland, with sales offices in China and the U.S.

Silicon Labs (NASDAQ: SLAB) is a leading provider of silicon, software and system solutions for the Internet of Things, Internet infrastructure, industrial automation, consumer and automotive markets. The Company provides customers with significant advantages in performance, energy savings, connectivity and design simplicity. Backed by a world-class engineering teams with strong software and mixed-signal design expertise, Silicon Labs empowers developers with the tools and technologies they need to advance quickly and easily from initial idea to final product. Mooreland Partners is well positioned as an international technology-focused M&A firm to advise on the growing number of cross-border M&A transactions. According to a recent article in the Financial Times, “In the first nine months of 2014, the value of M&A is nearly two-thirds higher than it was in the same period in 2013, at $2.66tn – a level of activity not seen since 2008.”

ABOUT MOORELAND PARTNERS
Founded in 2002, Mooreland Partners is a leading independent investment bank providing M&A and private capital advisory services to the global technology industry, serving clients from its offices in Silicon Valley, Greenwich (CT), and London. Mooreland’s team of almost 50 banking professionals delivers industry domain and transaction expertise across all major technology sectors including communications technology, mobile and digital media, enterprise software and services, as well as industrial technology and electronics. Follow us on Twitter @MoorelandGlobal or learn more at www.moorelandpartners.com.

All trademarks contained herein are the property of their respective owners.

MEDIA CONTACTS
Mindy M. Hull				Kayla Egbert
Mercury Global Partners for				Mercury Global Partners for
Mooreland Partners				Mooreland Partners
Tel. +1 415 889 9977 (U.S.A.)				Tel. +1 407 529 6937
mindy@mercuryglobalpartners.com				kayla@mercuryglobalpartners.com