Entropic Communications

Entropic Communications is a provider of semiconductor solutions for the connected home. Founded in 2001, the company is headquartered in San Diego, California, USA, and maintains offices worldwide. The fabless semiconductor company is recognized for inventing 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), 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 the only pure-play platform semiconductor company in the connected home market and offers a diverse portfolio of integrated circuit (IC) technology and advanced platform software solutions:
Global Expansion.
In 2005, the company began its global expansion with the opening of its Asia regional headquarters in Hong Kong. The company expanded its Asia-Pacific presence in Korea 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 19th, 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.
Under Patrick Henry's leadership, Entropic Communications completed its first initial public offering and introduced several market leading technologies. On November 10th, 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.