An investigation on behalf of investors of Silicon Image, Inc. (NASDAQ:SIMG) in connection with the proposed takeover was announced and Silicon Image, Inc. (NASDAQ:SIMG stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWire) -- 02/02/2015 --An investigation on behalf of investors, who currently hold shares of Silicon Image, Inc. (NASDAQ:SIMG), was announced concerning whether the takeover of Silicon Image, Inc. (NASDAQ:SIMG. by Lattice Semiconductor Corporation for $7.30 per share is unfair to Silicon Image, Inc. (NASDAQ:SIMG stockholders.

Investors who purchased shares of Silicon Image, Inc. (NASDAQ:SIMG) and currently hold any of those NASDAQ:SIMG shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Silicon Image, Inc. (NASDAQ:SIMG breached their fiduciary duties owed to NASDAQ:SIMG investors in connection with the proposed acquisition.

On January 27, 2015, Lattice Semiconductor Corporation (NASDAQ: LSCC) and Silicon Image, Inc. (NASDAQ: SIMG) announced that they have signed a definitive agreement, pursuant to which Lattice will acquire Silicon Image in an all-cash tender offer of $7.30 per share, representing an equity value of approximately $600 million (or approximately $450 million on an enterprise value basis).

However, given that at least one analyst has set the high target price for NASDAQ:SIMG shares at $8.00 per share and that NASDAQ:SIMG shares traded in the open market as recently as December 9, 2014 as high as $7.33 per share, the investigation concerns whether the offer is unfair to NASDAQ:SIMG stockholders. More specifically, the investigation concerns whether the Silicon Image Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Silicon Image, Inc. reported that its annual Total Revenue rose $221.01 million in 2011 to $276.41 million in 2013 and that its Net Loss of $11.64 million in 2011 turned into a Net Income of $11.49 million in 2013. Shares of Silicon Image, Inc. (NASDAQ:SIMG) traded in December 2014 as high as $7.33 per share.

On January 29, 2015, NASDAQ:SIMG shares closed at $7.29 per share.

Those who are current investors in Silicon Image, Inc. (NASDAQ:SIMG) shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com