Oct 15 (Reuters) - Pixelworks Inc: * PIXELWORKS ANNOUNCES DEFINITIVE PURCHASE AGREEMENT TO SELL ITS SHANGHAI SEMICONDUCTOR SUBSIDIARY TO VERISILICON * PIXELWORKS INC - SALE VALUED AT RMB 950 MILLION OR $133 MILLION USD * PIXELWORKS INC - EXPECTS $50 MILLION-$60 MILLION CASH FROM SALE Source text: Further company coverage: (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)