Nasdaq-listed Trident filed for bankruptcy protection last month and the deal is subject to approval by the bankruptcy court.
Entropic Communications, a US-listed semiconductor manufacturer backed by local phone operator Verizon among others, has agreed to buy part of Trident Microsystems’ set-top business for $65m.
Nasdaq-listed Trident filed for bankruptcy protection last month and the deal is subject to approval by the bankruptcy court.
In September, Entropic led a $26.5m round of series D financing for US-based fabless semiconductor peer Zenverge as its first reported corporate venturing deal. Electronics industry newspaper EE Times reports Entropic’s investment to be $10m.
…
