Entropic Takes Over Mobius Semiconductor
By
| June 8, 2013
Entropic has acquired semiconductor maker Mobius for $13 million cash plus employee-based incentives. The deal enables Entropic, a connected home equipment vendor with customers including Comcast, Time Warner Cable, Bright House and DirecTV, to add Mobius’ advanced analog mixed-signal offerings and strengthen its product lines in both the cable and satellite markets. The goal is to drive more entertainment streams and IP services to more connected devices in the home, Entropic said.
“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,” said Entropic pres/CEO Patrick Henry, enabling Entropic to offer “more integrated solutions for cable and satellite client and gateway devices, as well as for satellite outdoor unit solutions.”
With this transaction, Entropic establishes a design center presence in California. Among the team joining Entropic through the acquisition are mixed-signal and digital signal processing veterans and Mobius’ founders, Aaron Buchwald and Avi Madisetti.