Entropic Communications ranked number 224 on Technology Fast 500, Deloitte’s ?ranking of 500 of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in the United States and Canada. Rankings are based on percentage of fiscal? year revenue growth from 2006 to 2010. This marks the third consecutive year Entropic has been included in the Technology Fast 500.
Entropic’s revenues grew from $41.5M to $210.2M over the course of four years. Entropic’s chief executive officer, Patrick Henry, credits the company’s 407 percent revenue growth to significant market momentum and design-win traction for the company’s MoCA silicon and software.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.