STMicroelectronics and Quantenna Enter Strategic Licensing Agreement

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, CA and GENEVA -- (Marketwired) -- 05/07/13 -- 
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 Telefonica 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(R) is a trademark of the Wi-Fi
Alliance. Any other trademarks are the property of their respective
owners. 
ST and Quantenna Strategic Licensing Agreement:
http://hugin.info/152740/R/1699866/560944.pdf  
Media Contacts:
Mark Karayan
LEWIS PR for Quantenna
415-432-2400
quantenna@lewispr.com  
Michael Markowitz
STMicroelectronics
781-591-0354
michael.markowitz@st.com 
 
 
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