Entropic Communications (ENTR) Tops Q4 EPS by 1c

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Craig-Hallum Downgrades Entropic (ENTR) to Sell

February 4, 2015 9:08 AM EST

Craig-Hallum downgraded Entropic (NASDAQ: ENTR) from Buy to Sell.

For an analyst ratings summary and ratings history on Entropic click here. For more ratings news on Entropic click here.

Shares of Entropic closed at $2.70 yesterday.

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MaxLinear (MXL) to Acquire Entropic (ENTR) in $287M Deal

February 3, 2015 4:28 PM EST

MaxLinear (NYSE: MXL) and Entropic Communications, Inc. (Nasdaq: ENTR) (or "Entropic"), a world leader in semiconductor solutions for the connected home, today announced that they have signed a definitive agreement for MaxLinear to acquire Entropic. The boards of directors of both MaxLinear and Entropic have unanimously approved the transaction.

Entropic shareholders will receive (i) $1.20 per share in cash and (ii) 0.2200 shares of MaxLinear common stock for each Entropic common share outstanding. Based on MaxLinear's closing stock price on February 2, 2015, the merger consideration is valued at approximately $3.01 per Entropic... More