SAN DIEGO, June 21, 2012 (GLOBE NEWSWIRE) -- Entropic Communications, Inc. (Nasdaq:ENTR), a world leader in semiconductor solutions for the connected home, today announced it ranked number one in worldwide revenue of home networking application specific standard products (ASSPs), according to a report titled "Communications Semiconductor Market Share 2011" released by The Linley Group in June 2012.
Providing a comprehensive, global analysis of the industry's communications semiconductor markets, The Linley Group's report highlighted Entropic as one of few semiconductor companies to grow in 2011. Further, the report noted Entropic as the market share leader in the home networking integrated circuit (IC) space, leading with 38 percent market share. Entropic's home networking silicon and software solutions are based on the Multimedia over Coax Alliance (MoCA®) standard, which uses existing coaxial cable in the home to create a robust, reliable, whole-home network for streaming high-definition (HD) video and multimedia content.
"Entropic outpaced the semiconductor market, achieving notable growth in 2011," said Joseph Byrne, senior analyst at The Linley Group. "From our research, it is clear Entropic holds a commanding lead in the home networking IC space; as the Company is one of the industry's premier providers of connected home silicon and software, already deployed by many of the world's largest Pay-TV service providers."
"Entropic's leadership position in the connected home market is a testament to the Company's vision, ability to execute, and commitment to transforming the way Pay-TV service providers distribute HD content into and throughout the home," said Al Servati, vice president of Marketing, Connectivity Group at Entropic Communications. "We uphold a focused approach to home connectivity, which enabled us to further our customer relationships and maintain our market share lead."
The Linley Group's "Communications Semiconductor Market Share 2011" is published annually and includes market share analysis for 20 categories of communications semiconductor products, including home networking, network processors, 10 Gigabit Ethernet components, DSL and PON transceivers and transport ICs, PCI interconnect chips and high-end embedded microprocessors, among others. For more information on the report, please visit The Linley Group web site.
About The Linley Group
The Linley Group is the industry's leading source for independent technology analysis of semiconductors for networking, communications, mobile, and wireless applications. The company provides strategic consulting services, in-depth analytical reports, and Linley Tech events focused on advanced technology topics. The Linley Group is also the publisher of Microprocessor Report, the leading technical publication for unbiased analysis of high-performance processor technology. For insights on recent industry news, subscribe to the company's free email newsletters: "Linley Wire," "Linley on Mobile," and "Processor Watch" and follow us on Twitter @linleygroup.
About Entropic Communications
Entropic Communications, Inc. (Nasdaq:ENTR) is a leading global provider of silicon and software solutions to enable connected home entertainment. The Company transforms how traditional HDTV broadcast and streaming video content is seamlessly, reliably, and securely delivered, processed, and distributed into and throughout the home. Entropic's next-generation home connectivity and set-top box system-on-a-chip (SoC) solutions enable Pay-TV service providers to offer consumers a more captivating whole-home entertainment experience by delivering new, high-performing ways to connect, engage, and enjoy multimedia content. For more information, visit Entropic at: www.entropic.com.
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Statements in this press release that are not strictly historical in nature constitute "forward-looking statements." Such statements include, but are not limited to, statements regarding Entropic's future revenue growth potential and new growth opportunities in its various product lines. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause Entropic's actual results to be materially different from historical results or from any results expressed or implied by such forward-looking statements. These factors include, but are not limited to, Entropic's ability to successfully introduce new and enhanced products on a timely basis; the risk that the market for high-definition television-quality video and multimedia content delivery solutions may not develop as anticipated; the effect of intellectual property rights claims; and other factors discussed in the "Risk Factors" section of Entropic's Quarterly Report on Form 10-Q for the three months ended March 31, 2012. All forward-looking statements are qualified in their entirety by this cautionary statement. Entropic is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events or otherwise.
Copyright © 2012 Entropic Communications, Inc. All rights reserved. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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