Earlier this month, Entropic Communications, a world leader in semiconductor solutions, announced that they were awarded the 2012 GSA Award in the "Most Respected Public Semiconductor Company Achieving $100 million to $250 million in Annual Sales" category by the Global Semiconductor Alliance (GSA).
The GSA's mission is to accelerate growth and increase the return on investment of the global semiconductor industry by fostering collaboration, integration, and innovation among its industry. The GSA Awards are presented annually to outstanding semiconductor companies worldwide that have demonstrated excellence through their success, vision, and strategy. Award winners are selected by GSA members and are evaluated based on the products and future opportunities associated with a company's silicon solutions and business model.
"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."
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 (NASDAQ:STB) system-on-a-chip (SoC) solutions that reliably and securely deliver and process multimedia digital content into and throughout the home.
"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."
In April 2012, Entropic completed its acquisition of Trident Microsystems' STB SoC business which helped expand its presence in the connected home entertainment market by obtaining complementary assets, intellectual property (NYSE:IP), patents, and core competencies. It also expanded the company's international presence and diversified its revenue base. In July 2012, Entropic acquired specific direct broadcast satellite (NYSEARCA:DBS) IP and corresponding technologies from PLX Technology, Inc. This accelerated its DBS outdoor unit product roadmap.
The Global Semiconductor Alliance (GSA) addresses the challenges within the semiconductor supply chain including IP, EDA/design, wafer manufacturing, testing, and packaging to enable industry-wide solutions. The GSA 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. More information can be found at www.gsaglobal.org.
Entropic Communications is a leading global provider of silicon and software solutions that enable connected home entertainment. Entropic transforms how traditional HDTV broadcast and streaming video content is available, ensuring seamless, reliable, and securely delivered, processed, and distributed content 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 www.entropic.com.
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html