|[March 11, 2014]
NTT Finance Makes Strategic Investment in Quantenna Communications
TOKYO --(Business Wire)--
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 (News - Alert) 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 (News - Alert) 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 wih 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 (News - Alert), Telefonica, France Telecom and Belgacom. Quantenna is
headquartered in Silicon Valley, with offices worldwide. For more
information, visit www.quantenna.com.
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