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.”
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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