Entropic Communications

Entropic Communications is a provider of semiconductor products for the connected home. Founded in 2001, the company is headquartered in San Diego, California, US, and maintains offices worldwide. The fabless semiconductor company invented the MoCA® (Multimedia over Coax Alliance) home networking technology, creating Direct Broadcast Satellite (DBS) Outdoor Unit (ODU) single-wire technology, and developing the industry's first ARM® processor and OpenGL graphics Set-top box (STB)[citation needed], System-on-a-Chip (SoC). Entropic completed its initial public offering on December 7, 2007, listing on the NASDAQ exchange under the ticker symbol ENTR.

Entropic was acquired by MaxLinear for a total consideration of $287 million on February 3, 2015.

Products

Entropic is a semiconductor company in the connected home market and makes Integrated Circuit (IC) technology and platform software:

In Asia

In 2005, the company opened its Asia regional headquarters in Hong Kong. It also started operating in Korea[clarification needed] in 2010 and in Japan in 2011.

Controversy

In March 2014, Entropic's former CEO Patrick Henry was charged with three misdemeanors. Two of the charges were dropped. The third was reduced to an infraction. The charges stemmed from an altercation at Sundance Film Festival involving reality TV star Ariane Bellamar. On June 19, 2014, he was found guilty of the assault charge; his sentence consisted of a $400 fine and 40 hours of community service. He was also ordered to undergo an assessment for alcohol and anger management. Patrick Henry was not terminated from his position. In September 2014, Entropic hired Barclays to explore the possibilities of selling the business, which concluded with a sale to MaxLinear on February 3, 2015. Patrick Henry resigned as CEO prior to the sale, in November 2014.

On November 10, 2014, a decision by the board of directors stated that it was the right time for a leadership transition, leading to Dr. Ted Tewksbury replacing Patrick Henry as interim President and Chief Executive Officer.

Major acquisitions

References

  1. ↑ "Entropic talks MoCA, next-gen gateways". edn.com. 2010-11-01. Retrieved 2024-08-30.
  2. ↑ "InCoax Networks Deploys Entropic Communications' Ethernet-over-Coax Solutionto Deliver High-Speed Broadband Access to European Market". nbcnews.com. 2010-10-26. Retrieved 2024-08-30.
  3. ↑ "StarTimes to Deploy Entropic's Advanced Analog Channel Stacking Switch in Africa". lightreading.com. 2014-09-05. Retrieved 2024-08-30.
  4. ↑ "DirecTV, Entropic Go South With MoCA". Light Reading. Retrieved 12 January 2013.
  5. ↑ "Canal Digital deploys Wistron NeWeb 's Entropic-based single-wire cable solution". Display Plus. Retrieved 12 January 2013.
  6. ↑ Nichols, Tai. "Sky Italia Approves WNC's LNB Converter". Via Satellite. Retrieved 12 January 2013.
  7. ↑ "Entropic Communications Opens Hong Kong Office". Freshnews.com. Archived from the original on 2013-12-11. Retrieved 2013-11-30.
  8. ↑ "Entropic Communications opens office in Japan". telecompaper. Telecom.paper BV. Retrieved 2013-11-30.
  9. ↑ "Entropic CEO Found Guilty Of Assault Infraction | Multichannel". www.multichannel.com. 24 June 2014. Retrieved 2016-01-11.
  10. ↑ "What A Mug: Tech Tycoon Booked On Charges For Allegdly Beating Up 'Beverly Hills Nannies' Star Ariane Bellamar". 25 March 2014. Retrieved 2014-06-19.
  11. ↑ "MaxLinear to buy Entropic for $287 million". The San Diego Union-Tribune. 4 February 2015. Retrieved 2016-01-11.
  12. ↑ Entropic (10 November 2014). "Entropic Announces CEO Transition". GlobeNewswire News Room (Press release). Retrieved 2016-01-25.
  13. ↑ "Entropic Communications Buys RF Magic". socaltech.com. SOCALTECH LLC. Retrieved 2013-11-30.
  14. ↑ Donohue, Steve. "Entropic to buy Trident Microsystems set-top assets for $65M". FierceCable. FierceMarkets. Retrieved 2013-11-30.
  15. ↑ "Entropic Communications Acquires Direct Broadcast Satellite Intellectual Property from PLX Technology". Press Release PLX Technologies. PLX Technologies. Retrieved 2013-11-30.
  16. ↑ Baumgartner, Jeff (June 8, 2013). "Entropic Splashes Out $13M For Mobius Semiconductor". Multichannel News. Retrieved September 14, 2020.