Entropic Splashes Out $13M For Mobius SemiconductorAdds Low Power Analog Mixed Signal Chips to its Portfolio for Cable and Satellite Industries 6/08/2013 12:39 PM Eastern
Chipmaker Entropic expanded its portfolio after putting up $13 million in cash to buy Mobius Semiconductor, a maker of low power analog mixed signal semiconductors.
Entropic, which announced the deal on Thursday (June 6), said the addition will strengthen its ability to produce lower power, high-speed devices for cable and satellite operators, including set-tops, gateways and outdoor satellite units.
Entropic, a key supplier of Multimedia over Coax Alliance (MoCA) silicon, also develops system-on-chip (SoC) products for set-tops and gateways for companies such as Cisco Systems, Pace, EchoStar Technologies and Roku following its $65 million acquisition of Trident last year. Technicolor is also using an Entropic processor to power MediaPlay, a gateway based on the Comcast Reference Design Kit software stack.
With the latest buy, Entropic will establish a design center presence in Irvine, Calif. Mobius founders Dr. Aaron Buchwald and Dr. Avi Madisetti are among those joining Entropic via the acquisition.
"By acquiring Mobius, we are reinforcing our commitment to global service providers seeking to advance their next-generation architectures with low power analog mixed-signal silicon solutions," Patrick Henry, president and CEO of Entropic said, in a statement.