Maxlinear has signed a definitive agreement to acquire Entropic Communications for approximately $287 million.
The company said that the acquisition will broaden MaxLinear’s analogue/mixed-signal business, including bringing new customer relationships in MaxLinear’s most recent growth area, the satellite pay-TV market. Entropic also holds a portfolio of approximately 1,500 issued and pending patents.
The transaction is expected to close in the second quarter of 2015 subject to approval by the shareholders of both companies, the receipt of regulatory approvals and other customary closing conditions.
