PHOENIX – August 16, 2012 – Quantenna Communications, Inc., a leading semiconductor developer headquartered in Fremont, California focused on ultra-reliable Wi-Fi video networking for whole-home entertainment, is expanding its operations to Arizona. Quantenna develops chipsets that deliver the world’s best Wi-Fi performance, reliability and range. In a world exploding with demand for HD video consumption, the disruptive wireless performance of Quantenna chipsets uniquely and completely frees consumers from the hassles and limitations of wired connectivity. The company will open a research and development facility in Tempe, bringing 12 engineering and management jobs to the Valley initially and that number is expected to triple over the next few years..
Quantenna will move into a building near the Loop 101 freeway and East Elliot Road this month. At this new facility, Quantenna's engineering team will work to develop technology for wireless set-top boxes, residential gateways, video bridges, and other devices that deliver highly reliable broadband multimedia video and data services over Wi-Fi anywhere in the home.
Because of the type of work Quantenna performs, the company will pursue programs administered by the Arizona Commerce Authority. Quantenna cited the region's availability of the right type of workforce as its key decision factor.
“We chose Tempe for our expansion because it offers a highly skilled and talented workforce which is vital to the type of work we do,” said Quantenna Chief Executive Officer, Dr. Sam Heidari. “We couldn't be happier with our decision and looking forward to attracting the best Wi-Fi engineers in the industry.”
Tempe Mayor Mark Mitchell spoke highly of the company and added that it is representative of the various companies creating new technologies in Tempe. “We are thrilled at Quantenna's decision to expand to Tempe. Quantenna is a company that is leading the Wi-Fi and video revolution, and by locating in Tempe, Quantenna is joining a community that focuses on innovation,” Mayor Mitchell said. “Companies in our community are working on amazing discoveries, such as Mars rover technology, flexible display systems and robotic devices. We're honored to welcome Quantenna to Tempe, and we can't wait to be a part of the story of how they're improving our world.”
“Quantenna Communications is a welcome addition to the Valley's thriving community of high-tech research facilities. Tempe and the entire Greater Phoenix region welcome the innovative research and high-tech jobs Quantenna provides,” Greater Phoenix Economic Council President & Chief Executive Officer Barry Broome said.
About the City of Tempe
Home to Arizona State University, Tempe, Arizona is the urban center of the Greater Phoenix Metropolitan Area. Tempe is among the state's largest importer of jobs, with 161,000 residents and a workforce of 150,000. Approximately 20 percent of Tempe jobs are tech-related and Tempe is home to companies such as Monster Worldwide, GoDaddy, Amazon, Microsoft, Medtronic and more. www.tempe.gov/business
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. For additional information, please visit www.quantenna.com.
About the Greater Phoenix Economic Council (GPEC)
A true public/private partnership, GPEC is the regional economic development organization for Greater Phoenix. Working with its 20 member communities, Maricopa County and 155private investors, GPEC attracts quality businesses to this dynamic region. By creating a high-performance economy through capital investments and jobs, Greater Phoenix companies enjoy a business climate where they can compete and thrive in today's global economy. Since 1989, GPEC has worked to achieve an economically sound and sustainable region. For more information, visit www.gpec.org