DSP Group Acknowledges Receipt of Letter From Starboard Value LP

DSP Group DSPG today noted it has received and reviewed a letter from Starboard Value LP and Starboard's related filing with the SEC. The Board of Directors of DSP Group and the company's management are committed to, and fully focused on, building shareholder value. Management and the Board firmly believe DSP Group is well positioned to do so, given its strong relationships with all of its major customers; recent wins with major global OEMs; market opportunities; and the company's consistent track record of returning cash to shareholders. DSP Group looks forward to a continued dialogue with all shareholders to demonstrate how its strategy will create superior value, in keeping with the best long‑term interest of the company's investors.