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STMicroelectronics : STMicroelectronics and Quantenna Enter Strategic Licensing Agreement



    STMicroelectronics : STMicroelectronics and Quantenna Enter Strategic
                             Licensing Agreement

          STMicroelectronics to integrate Quantenna's award-winning
       802.11ac Wi-Fi technology into various system-on-chip platforms

Fremont, Calif. and Geneva - May 7, 2013 - STMicroelectronics (NYSE: STM), a
global semiconductor leader serving customers across the spectrum of
electronics applications, and Quantenna Communications, Inc., a leader in
ultra-reliable Wi-Fi networking for whole-home entertainment, announced today
that they have signed a non-exclusive worldwide licensing agreement giving ST
the ability to integrate Quantenna IP into its broad array of systems-on-chips
and giving Quantenna the ability to leverage the entire ecosystem of ST's
entertainment, networking and security products.

"Wi-Fi is becoming a crucial connectivity technology for a wide range of
products where ST is a leading semiconductor supplier," said Gianluca Bertino,
Executive Vice President and General Manager Digital Convergence Group,
STMicroelectronics. "Integrating Quantenna's best-in-class 802.11ac
technology, including the 4x4 configuration as well as other MIMO
configurations like 3x3 and 2x2, into our products will enable us to further
expand our leadership position in several market segments."

 

"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.

  
About STMicroelectronics
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.

In 2012, the Company's net revenues were $8.49 billion. Further information on
ST can be found at www.st.com.

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.

                                     ###

 

Quantenna(TM), the logo, and Full-11n(TM) are the trademarks of Quantenna
Communications and its affiliates in the United States and certain other
countries. Wi-Fi® is a trademark of the Wi-Fi Alliance. Any other trademarks
are the property of their respective owners.

Media Contacts:
Mark Karayan
LEWIS PR for Quantenna
415-432-2400
quantenna@lewispr.com                                               

 

Michael Markowitz
STMicroelectronics
781-591-0354
michael.markowitz@st.com

ST and Quantenna Strategic Licensing Agreement

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: STMicroelectronics via Thomson Reuters ONE
HUG#1699866
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