UPDATE - INVESTOR ALERT: Levi & Korsinsky, LLP Commences an Investigation of the Board of Directors of Entropic Communications, Inc. In Connection With the Fairness of the Sale of the Company to MaxLinear Inc. -- ENTR

Levi & Korsinsky is commencing an investigation into the Board of Directors of Entropic Communications, Inc. (“Entropic” or “the Company”) (NASDAQ:ENTR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to MaxLinear Inc. (“MaxLinear”) (NYSE: MXL).

Click here to learn more about the investigation: http://www.zlkdocs.com/ENTR-Info-Request-Form-ma-2615.

Under the terms of the transaction, Entropic shareholders will receive $1.20 per share in cash and 0.2200 shares of MaxLinear common stock for each Entropic common share they own. Based on MaxLinear's closing stock price on February 2, 2015, the merger consideration is valued at approximately $3.01 per Entropic share. The implied total transaction value is approximately $287 million and the implied enterprise value is $181 million, net of Entropic's cash balance as of December 31, 2014. The investigation concerns whether the Board of Entropic breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether MaxLinear is underpaying for Entropic shares. In particular, at least one analyst set a price target for Entropic stock at $5.00 per share.

If you own Entropic common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlkdocs.com/ENTR-Info-Request-Form-ma-2615.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.