NEW YORK, Oct. 28, 2016 (GLOBE NEWSWIRE) -- Quantenna Communications, Inc. (Nasdaq: QTNA ), a provider of high-performance Wi-Fi solutions, visited the Nasdaq MarketSite in Times Square today in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. Quantenna is based in Fremont, CA.
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Quantenna designs, develops, and markets advanced high-speed wireless communication solutions. The company’s solutions are designed to deliver leading-edge Wi-Fi performance to support an increasing number of connected devices accessing a rapidly growing pool of digital content. Combining the company’s proprietary Wi-Fi systems, software expertise with high-performance radio frequency, mixed-signal and digital semiconductor design skills, Quantenna provides highly integrated solutions to its customers, delivering superior network speed, broad coverage area, high capacity and reliability.
“Our goal is to deliver the best Wi-Fi solution to our customers,” said Dr. Sam Heidari, Chairman and Chief Executive Officer of Quantenna. “As Wi-Fi has become central to everyone’s lives, our solutions have become essential to meet ever increasing customer demands. We are excited to partner with Nasdaq and take Quantenna into its next phase of growth as we continue to raise the bar on Wi-Fi performance and reliability.”
“Nasdaq is proud to be the listing partner of disruptive forces across all industries as innovation has always been a vital part of our heritage,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “Today’s IPO marks a major milestone for Quantenna as it continues to drive transformation in wireless and communications and applies significant engineering expertise in other markets beyond Wi-Fi.”
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About Nasdaq
Nasdaq (Nasdaq: NDAQ ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,700 listed companies with a market value of approximately $9.3 trillion and more than 17,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com
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Media Relations Contacts: Stephanie Lowenthal (646) 441-5073 Stephanie.Lowenthal@nasdaq.com Emily Pan (646) 441-5120 emily.pan@nasdaq.com
