STMicroelectronics and Quantenna Enter Strategic Licensing AgreementSTMicroelectronics to integrate Quantenna’s award-winning 802.11ac Wi-Fi technology into various system-on-chip platforms
“We are proud to work with a top semiconductor company like ST,” said Dr. Sam Heidari, Chief Executive Officer of Quantenna. “This licensing agreement opens a new chapter in Quantenna’s strategy and enables us to position ourselves into new markets as well as leverage ST’s exceptional customer and geographical diversity.”The two companies have started joint engineering integration efforts and the first ST products incorporating Quantenna Wi-Fi are expected to be introduced next year.
ST is a global leader in the semiconductor market serving customers across the spectrum of sense and power and automotive products and embedded processing solutions. From energy management and savings to trust and data security, from healthcare and wellness to smart consumer devices, in the home, car and office, at work and at play, ST is found everywhere microelectronics make a positive and innovative contribution to people's life. By getting more from technology to get more from life, ST stands for life.augmented.
About Quantenna Communications, Inc.
Quantenna Communications, Inc. is a fabless semiconductor company developing standards-based 802.11n and 802.11ac MIMO chipsets that deliver the highest levels of performance, speed and reliability for wireless networks and devices. Headquartered in Fremont, Calif., Quantenna has assembled a management and engineering team with a long track record of start-up success, and is backed by leading venture capital firms, including Sequoia Capital, Venrock, Sigma Partners, Southern Cross Venture Partners, DAG Ventures, Rusnano, Swisscom Ventures, Grazia Equity, and Telefónica Digital. Quantenna was recently named to Wall Street Journal’s 2012 list of top 50 start-ups. For additional information, please visit www.quantenna.com.
LEWIS PR for Quantenna