According to the Complaint, Entropic Communications, Inc. ("Entropic") is a world leader in semiconductor solutions for the connected home. On February 3, 2015, Entropic and MaxLinear announced that they had entered into a definitive merger agreement under which Entropic would be acquired by MaxLinear.

The Complaint alleges the Proposed Acquisition is the result of an unfair sales process designed to ensure that only MaxLinear has the opportunity to acquire Entropic.