|By Business Wire||
|March 11, 2014 07:00 PM EDT||
Quantenna Communications, Inc., a leader in ultra-high performance Wi-Fi solutions, announced today that NTT Finance Corporation, part of the NTT Group, has completed a strategic investment in Quantenna, joining other strategic investors Swisscom, Telefonica and Vivint Wireless. This strategic investment by NTT brings further resources and expertise to the company and helps to accelerate its deployments in new markets.
“We are very excited to have NTT as a strategic investor,” said Dr. Sam Heidari, CEO of Quantenna Communications. “NTT will help our geographical expansion into Japan and Asia where our products are a perfect fit for a wide range of indoor and outdoor applications.”
NTT is one of the world’s leading wholesale IP providers and its Tier-1 Global IP Network is consistently ranked among the top networks worldwide. “Wi-Fi is a critical strategic technology for NTT,” said Mori Oshima, CFA, Senior Manager at NTT Finance. “Quantenna’s state of the art Wi-Fi products can enable new applications and services for our customers and the Japan market overall and we are looking forward to a fruitful partnership with Quantenna.”
Quantenna is deploying indoor and outdoor solutions with its ultra-reliable long range 4x4 802.11ac Wave 2 technology into new markets and is expanding geographically.
About NTT Finance Corporation
NTT Finance Corporation, a subsidiary of Nippon Telegraph and Telephone Corporation (NTT), provides financing solutions to NTT Group companies and their customers. Focusing on the IT sector, a traditional strength of the NTT Group, NTT Finance invests in venture companies and offers venture capital worldwide, and forges networks with financial institutions to build a full array of cooperative funding options for the companies. NTT Finance seeks to leverage the unique strengths of the NTT Group to provide solutions that meet a broad variety of needs, including capital investment, financing, and management efficiency, as well as support for healthcare and environmental protection. For more information, visit: www.ntt-finance.co.jp.
About Quantenna Communications, Inc.
Quantenna is a leading developer of 802.11ac and 802.11n Wi-Fi semiconductor solutions that deliver the performance, speed and reliability of wired Ethernet for multimedia data anywhere. Quantenna pioneered the delivery of seamless video over Wi-Fi and set the performance standard for delivering wire-like quality HD video reliably throughout the connected home, for which it has amassed a list of major awards, including being named a “Top 5 Start-Up for 2013” by The Wall Street Journal. Founded in 2006, Quantenna has shipped millions of its Wi-Fi chipsets being deployed by major telco, cable and satellite service providers and operators worldwide including AT&T, DIRECTV, Bell Canada, Swisscom, Telefonica, France Telecom and Belgacom. Quantenna is headquartered in Silicon Valley, with offices worldwide. For more information, visit www.quantenna.com. Follow us on Facebook, LinkedIn and Twitter.
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