Entropic Communications Wins Prestigious 2012 Global Semiconductor Alliance
Entropic Honored by Semiconductor Community as "Most Respected Public
Semiconductor Company; Achieving $100 Million to $250 Million in Annual Sales"
SAN DIEGO, Dec. 20, 2012 (GLOBE NEWSWIRE) -- Entropic Communications
(Nasdaq:ENTR), a world leader in semiconductor solutions for the connected
home, proudly announced the Global Semiconductor Alliance (GSA), the voice of
the global semiconductor industry, awarded Entropic the 2012 GSA Award in the
"Most Respected Public Semiconductor Company Achieving $100 million to $250
million in Annual Sales" category.
The GSA Awards are presented annually to outstanding semiconductor companies
worldwide that have demonstrated excellence through their success, vision and
strategy in the industry. Award winners are selected by GSA members, whom
evaluate products and future opportunities associated with a company's silicon
solutions and business model.
Entropic is the only pure-play platform semiconductor company in connected
home entertainment. The Company offers a diverse portfolio of connectivity and
set-top box (STB) system-on-a-chip (SoC) solutions that reliably and securely,
deliver and process multimedia digital content into and throughout the home.
"We congratulate Entropic on receiving a prestigious 2012 GSA Award," said
Jodi Shelton, co-founder and president, GSA. "Entropic has undergone an
impressive evolution over the past year, making two key acquisitions to
further fuel Pay-TV operators' shift from traditional broadcast to streaming,
IP-based video delivery."
In April 2012, Entropic completed its acquisition of Trident Microsystems' STB
SoC business. With this transaction, the Company expanded its presence in the
connected home entertainment market by obtaining complementary assets,
intellectual property (IP), patents, core competencies and products that
addressed a much larger available market, while expanding the Company's
international presence and diversifying its revenue base. In July 2012,
Entropic acquired specific direct broadcast satellite (DBS) IP and
corresponding technologies from PLX Technology, Inc. to accelerate its DBS
outdoor unit product roadmap. Both acquisitions provided Entropic a path to
future technologies, and highly integrated product roadmaps to help serve the
global service provider market.
"We are honored to be recognized by the GSA and our peers in the semiconductor
community for our bold vision and successful execution in expanding our market
opportunity in the competitive connected home entertainment market," said
Patrick Henry, president and CEO, Entropic. "With our expanded portfolio, we
now offer best-in-class Connectivity and STB System-on-a-Chip solutions that
seamlessly power and enable global Pay-TV operators to create more captivating
whole-home entertainment experiences for their subscribers."
Entropic is also known as a co-founder of MoCA® (Multimedia over Coax
Alliance), and is recognized for advancing the way HD video is delivered over
a single coaxial cable.
The Global Semiconductor Alliance (GSA) mission is to accelerate the growth
and increase the return on invested capital of the global semiconductor
industry by fostering a more effective ecosystem through collaboration,
integration and innovation. It addresses the challenges within the supply
chain including IP, EDA/design, wafer manufacturing, test and packaging to
enable industry-wide solutions. Providing a platform for meaningful global
collaboration, the Alliance identifies and articulates market opportunities,
encourages and supports entrepreneurship, and provides members with
comprehensive and unique market intelligence. Members include companies
throughout the supply chain representing 30 countries across the globe.
About Entropic Communications
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading global provider of
silicon and software solutions to enable connected home entertainment. The
Company transforms how traditional HDTV broadcast and streaming video content
is seamlessly, reliably, and securely delivered, processed, and distributed
into and throughout the home. Entropic's next-generation home connectivity and
set-top box system-on-a-chip (SoC) solutions enable Pay-TV service providers
to offer consumers a more captivating whole-home entertainment experience by
delivering new, high-performing ways to connect, engage, and enjoy multimedia
content. For more information, visit Entropic at: www.entropic.com.
The Entropic Communications logo is available at
Statements in this press release that are not strictly historical in nature
constitute "forward-looking statements." Such statements include, but are not
limited to, statements regarding the expected benefits of Entropic's
technology solutions, and continued or future integration of technology into
products of OEMs. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors which may cause Entropic's actual
results to be materially different from historical results or from any results
expressed or implied by such forward-looking statements. These factors
include, but are not limited to, the effects of competition from alternative
technologies; Entropic's dependence on service providers' connected home
needs; the risk that the market for Entropic's solutions may not develop as
anticipated; the effect of intellectual property rights claims; and other
factors discussed in the "Risk Factors" section of Entropic's Quarterly Report
on Form 10-Q for the quarter ended September 30, 2012. All forward-looking
statements are qualified in their entirety by this cautionary statement.
Entropic is providing this information as of the date of this release and does
not undertake any obligation to update any forward-looking statements
contained in this release as a result of new information, future events or
Copyright © 2012 Entropic. All rights reserved. All other product or company
names mentioned are used for identification purposes only and may be
trademarks of their respective owners.
CONTACT: Entropic Investor and Media Contacts:
Director, Investor Relations
Senior Director, Corporate Communications
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