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Entropic MoCA 1.1 designed into Coship Gateways and Adapters for China
2015-03-25 03:00:30| Digital TV News
Entropic (Nasdaq:ENTR) has announced that its MoCA 1.1 solution has been selected by Coship to serve the China home networking market. The solution has been designed into Coship's G1200 gateway and MC1000W MoCA to Wi-Fi extender.
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designed
china
adapters
MaxLinear acquires Entropic for USD 287 mln
2015-02-04 08:40:00| Telecompaper Headlines
(Telecompaper) MaxLinear has signed an agreement to acquire Entropic Communications, a provider of semiconductor products for the connected home, for an estimated USD 287 million. The boards of directors of both companies have approved the deal. Entropic shareholders will receive USD 1.20 per share in cash and 0.2200 shares of MaxLinear shares for each Entropic share outstanding. Based on MaxLinear's closing stock price on 2 February, the deal is valued at USD 3.01 per Entropic share, with an implied enterprise value of USD 181 million, net of Entropic's cash balance as of end December. When the deal closes, shareholders of MaxLinear and Entropic will own 65 percent and 35 percent of the merged company. MaxLinear expects the deal to be non-GAAP earnings accretion in the first full quarter post-close. After the close, Entropic interim CEO Ted Tewksbury will join the MaxLinear board of directors. The company anticipates operating synergies of over USD 20 million in the first full calendar year post-close. Increased scale and projected cost savings are expected to lower combined non-GAAP operating expenses, generate significant operating margin expansion, and accelerate MaxLinear's timing to achieving its stated target operating model.
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acquires
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entropic
MaxLinear to acquire Entropic
2015-02-03 23:00:49| Digital TV News
MaxLinear (NYSE:MXL) and Entropic (Nasdaq:ENTR) have announced that they have signed an agreement for MaxLinear to acquire Entropic. Entropic shareholders will receive $1.20 per share in cash and 0.2200 shares of MaxLinear common stock for each Entropic common share outstanding.
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entropic
maxlinear
5-year lows: Petroquest Energy Inc, Entropic Communications Inc, Hercules Offshore Inc, and ...
2014-11-30 00:58:01| Chemicals - Topix.net
Petroquest Energy Inc Reached $3.72 The prices of Petroquest Energy Inc shares have declined to $3.72, which is only 4.6% above the 5-year low of $3.55. It is now 63.6% off the 5-year high of $9.75.
Tags: inc
energy
communications
offshore
Entropic discontinues set-top box SoC product development
2014-11-10 14:00:43| Digital TV News
In Entropic's (Nasdaq:ENTR) quarterly results, the company announced a refocused strategy and restructuring plan. Entropic will continue to pursue design wins with existing STB SoCs, but will discontinue all new set-top box SoC product development.
Tags: box
product
development
soc