Lattice to Acquire Silicon Image

Global Leadership in Connectivity Solutions

January 2015

Exhibit 99.1

Safe Harbor Notice

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This communication does not constitute an offer to buy or a solicitation of an offer to sell any securities.  No tender offer for the

shares of Silicon Image, Inc. has commenced at this time.  In connection with the proposed transaction, Lattice Semiconductor may

file tender offer documents with the U.S. Securities and Exchange Commission (“SEC”).  Any definitive tender offer documents will be

mailed to shareholders of Silicon Image, Inc.  INVESTORS AND SECURITY HOLDERS OF SILICON IMAGE, INC. ARE URGED

TO READ THESE AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME

AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION. 

Investors and security holders will be able to obtain free copies of these documents (if and when available) and other documents filed

with the SEC by Lattice Semiconductor through the Web site maintained by the SEC at http://www.sec.gov or through Secretary,

Lattice Semiconductor Corporation, 5555 NE Moore Court, Hillsboro, Oregon 97124-6421.

The following presentation contain forward-looking statements that involve estimates, assumptions, risks and uncertainties. Any

statements about expectations, beliefs, plans, objectives, assumptions or future events or performance are not historical facts and may

be forward-looking. Words or phrases such as “anticipates,” “believes,” “could,” “estimates,” “expects,” “intends,” “plans,” “predicts,”

“projects,” “may,” “will,” “should,” “continue,” “ongoing,” “future,” “potential” and similar words or phrases identify forward-looking

statements. The forward-looking statements in this document address a variety of subjects including, for example, the expected date of

closing of the acquisition and the potential benefits of the merger. Forward-looking statements involve estimates, assumptions, risks

and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. The

following factors, among others, could cause actual results to differ materially from the forward-looking statements: the risk that the

transaction will not close when expected or at all; the risk that the operations of the two companies will not be integrated successfully;

the failure to achieve the anticipated benefits and synergies of the transaction; the risk that Lattice or Silicon Image’s business will be

adversely impacted during the pendency of the transaction; costs associated with the transaction; matters arising in connection with the

parties’ efforts to comply with and satisfy applicable regulatory approvals and closing conditions relating to the transaction; and other

events that could adversely impact the completion of the transaction, including industry or economic conditions outside of the control of

Lattice and Silicon Image. In addition, actual results are subject to other risks and uncertainties that relate more broadly to Lattice and

Silicon Image’s overall business, including those more fully described in Lattice’s filings with the SEC including its annual report on

Form 10-K for the fiscal year ended December 28, 2013, and Lattice’s quarterly reports filed on Form 10-Q for the 2014 fiscal year, and

those more fully described in Silicon Image’s filings with the SEC including its annual report on Form 10-K for the fiscal year ended

December 31, 2013, and its quarterly reports filed on Form 10-Q for the 2014 fiscal year. 

You should not unduly rely on forward-looking statements because actual results could differ materially from those expressed in any

forward-looking statements. In addition, any forward-looking statement applies only as of the date on which it is made. We do not plan

to, and undertake no obligation to, update any forward-looking statements to reflect events or circumstances that occur after the date on

which such statements are made or to reflect the occurrence of unanticipated events.

Today’s Announcement

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Lattice signs definitive agreement to acquire Silicon Image

All-cash offer price for Silicon Image of $7.30 per share, representing an enterprise

value of approximately $450 million

Combined company will be a leader in low  power connectivity solutions for consumer,

industrial and communications applications

Increased scale and enhanced growth opportunities

Identified synergies of at least $32 million achievable within first year after closing

Expected to be immediately accretive on a non-GAAP basis

Transaction Overview

4

(1)

Balance sheet as of 9/30/14.

Approximately $450

million

enterprise

value,

net

of

Silicon

Image

cash

acquired

(1)

Terms

$7.30 per share all-cash to acquire 100% of Silicon Image

Consideration

Approximately $600 million equity value

Financing

Lattice and Silicon Image cash and cash equivalents

Committed financing in place for planned $350M term loan issuance

Transaction

Mechanics

Tender offer within 10 business days and expected to remain open

for at

least 20 business days

Conditions

Subject

to

successful

tender

offer,

customary

closing

conditions

and

regulatory approvals

Anticipated Close

Expected to close by end of March 2015

Financial Impact

Expected to be immediately accretive to non-GAAP EPS

Pro forma net leverage of approximately 1.5x

Combination Creates a Global Leader in

Low Power Connectivity Solutions

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Note: Financials reflect non-GAAP LTM figures as of 9/30/14.

Synergistic Capabilities

Programmable connectivity solutions

FPGAs enable design flexibility and fast time to market

Delivering solutions targeting high-growth consumer

market

LTM revenue of $372M with gross margin of 56.3%

Wired and wireless ASSP connectivity solutions

Recognized leader in driving high-performance

connectivity standards

600+ worldwide patents; meaningful IP licensing model

LTM revenue of $253M with gross margin of 60.9%

FPGAs for Programmable Connectivity

“Fast & Flexible”

ASSPs for Optimized Connectivity

“Mainstream Applications”

Camera / Display

Smartphones / Tablets

Strategic Rationale

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Increased strategic relevance for customers

Strong combined IP and product portfolio

Market expansion opportunities

Higher lifetime revenues

Diversified markets and customer base

Economies of scale with meaningful synergies

A Global Leader in

Connectivity Solutions

Attractive financial profile and immediately accretive to non-GAAP

earnings

Increased Strategic Relevance For Customers

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1

2

3

4

5

Early

Collaboration on

Strategic IP

Develop IP

Ecosystem

Rapid Time-to-Market

with FPGA

Cost-

Reduction

with ASSP

Single Vendor

for Full

Lifecycle

Strong Combined IP and Product Portfolio

IP Ecosystem Development

Wired Connectivity

Wireless Connectivity

Programmability

Compelling Technology Enabling Innovative Products

Industrial Video Camera

SFF Pluggable Transceiver

Mobile/IoT Display

HD, 4K and 8K DTV’s

Smartphones

A/V Receivers

Connectorless Devices

(HDMI / USB3 / DisplayPort)

Tri-band  Mobility

(WiGig / 802.11ad)

UltraBook / Docking

(WiGig / 802.11ad)

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Market Expansion Opportunities

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Low-power, small-footprint, low-cost products add value everywhere

Consumer

Camera & Display I/F

Wireless

LAN, HD Video

HDMI / MHL

Industrial

Human Machine I/F

Video Surveillance

Data Center / Storage

Wireless Backhaul

Hetnet / Small Cell

Communications

Higher Lifetime Revenues

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FPGA

Capitalize on innovator / early

adopter revenue opportunities

ASSP

Capitalize on mainstream

revenue opportunities

Combined Products

Capture revenue from a greater

portion of the product lifecycle

+

=

Product Life Cycle

FPGA

REVENUE

LIFETIME

REVENUE

ASSP

REVENUE

Innovation

3-6 Months

Maturity

Early Adopters

6-24 Months

Mainstream

24+ Months

Winning early…

…Defending longer

Combined Company

Market Diversification

11

Consumer

Industrial

Communications

Licensing

$650

21%

5%

74%

24%

42%

34%

$-

50%

25%

16%

8%

Note: Financials reflect LTM figures through Q3 2014. Other revenue comprises licensing and services revenue.

Consumer

Customer Base Diversification

12

Industrial

/

Computing

Communications

Economies of Scale Drives Meaningful Synergies

13

Sales & Marketing

Research & Development

General & Administrative

Supply Chain

Improved visibility into customer requirements

Increased relevance to customers and distribution

partners

Organizational synergies

Vastly enhanced IP portfolio design reuse

Centers of excellence for technology development

Organizational synergies

Best of breed leadership team

Best of breed business processes

Organizational synergies

Reduced wafer cost due to higher volumes

Reduced assembly / test costs

Organizational synergies

$32M+ of Synergies

Attractive Financials

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Combined company's long-term model targets:

Market plus top-line growth

Non-GAAP

gross

margin

of

56%

-

60%

Non-GAAP operating margin of 20% plus

Lattice expects at least $32 million in synergies achievable

within one year of transaction close

Q&A

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