The U.S. Bankruptcy Court for the District of Delaware has approved Entropic Communications' $65 million deal to acquire Trident Microsystems' set-top-box system-on-a chip assets.
The deal remains subject to customary closing conditions and is expected to close by the end of March.
Entropic, a provider of home-networking silicon and software, said the Trident STB chip business will bring together two complementary technologies and product lines, combining Entropic's Multimedia over Coax Alliance (MoCA) solutions with Trident's SoC business to deliver a complete system solution for pay-TV providers.
Trident's customers include Cisco Systems, Motorola Mobility, EchoStar Technologies, LG Electronics, Logitech International, Pace, Panasonic, Philips, Samsung, Sharp and Sony.
