IPO Filing: Entropic Communications, Inc.

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By Douglas A. McIntyre Published
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Entropic Communications, Inc. has filed to come public via an IPO this morning with a nominal $100 million as the amount to be wsold in common stock.  Entropic has registered the ticker "ENTR" on NASDAQ for its trading.  It also listed Credit Suisse and Lehman Bros. as lead underwriters, and has co-managers listed as Thomas Weisel, JMP Securities, and ThinkEquity partners.

Entropic is a fabless semiconductor company that designs, develops and markets systems solutions to enable connected home entertainment. Its technologies are aimed to change the way high-definition television-quality video and other multimedia content such as movies, music, games and photos are brought into and delivered throughout the home.  Its technologies enable connected home networking of digital entertainment over existing coaxial cables and is a founding member of the Multimedia Over Coax Alliance.  Entropic sells home networking chipsets, high-speed broadband access chipsets, integrated circuits that simplify and enhance digital broadcast satellite, and silicon TV tuner ICs.

The company was founded in 2001.  In 2006, the company posted a pro forma revenue basis of $67.6 million that generated a loss from operations of $22.96 million.  In the first quarter of 2007, Entropic on a pro forma basis generated a $2.896 million loss on $29.24 million in revenues.

Jon C. Ogg
July 27, 2007

Jon Ogg can be reached at [email protected]; he does not own securities in the companies he covers.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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