Company recognized for innovation, financial performance, social responsibility and corporate value-building
SANTA CLARA, Calif., April 17, 2019 (GLOBE NEWSWIRE) -- Adesto® Technologies Corporation (NASDAQ:IOTS), a leading provider of innovative application-specific semiconductors and embedded systems for the IoT era, announced that ACG Silicon Valley, a chapter of the Association for Corporate Growth, has recognized Adesto as the Top Emerging Growth Company of 2019. The award was presented to Adesto CEO Narbeh Derhacobian at the 15th annual GROW! Awards ceremony held at the Computer History Museum in Mountain View, California.
As part of the GROW! Awards, ACGSV and other chapters of the Association for Corporate Growth each year recognize both the Top Emerging Growth Company and Outstanding Growth Company in their geographical area. In addition to outstanding financial performance, award recipients must show a sustainable record of innovation, corporate value-building and social involvement.
"Each year we come together at the GROW! Awards to celebrate fast-growing companies in Silicon Valley that are making a difference not only for their customers and employees, but ultimately for the world," said Drue Freeman, CEO, ACG Silicon Valley. "Adesto's corporate performance, community involvement, and innovative technologies for the IoT make it a stand-out company that is positively impacting a broad range of areas across industrial systems, consumer electronics, medical devices and communications technologies. It is with great pleasure that we recognize Adesto with this year's Top Emerging Growth Company award."
"This past year was truly transformative for Adesto, as we significantly expanded our solutions offerings, market footprint, and opportunity in the Internet of Things (IoT)," said Narbeh Derhacobian, president and CEO, Adesto. "The IoT is poised to change the world as we know it, as sensors become embedded in everyday objects to provide an unprecedented level of data about our environment. With Adesto's solutions, businesses can harness this data to glean valuable insights that will enable increased efficiencies and ultimately predict future conditions. We offer these businesses a unique and compelling value, especially in the Industrial IoT where data is often inaccessible, and quality, reliability and longevity are critical."
Derhacobian continued, "ACG Silicon Valley provides one of the strongest learning and networking platforms available to corporate leaders and executive teams, and we're delighted to be chosen by such a prestigious organization as Silicon Valley's Top Emerging Growth Company."
About ACG Silicon Valley
ACG Silicon Valley (ACGSV) is a unique community with a purpose; where CEOs and senior executive leaders connect to conduct business, build new careers, and link together to lead the future of Silicon Valley. The 35-year-old chapter strives to provide an environment where members, over 80 percent of whom are CEOs, gain access to key insight, knowledge, and connections.
ACGSV (http://acgsv.org) is a forum beyond networking and has earned its credible reputation by consistently providing one of the strongest possible thought leadership platforms available to corporate leaders and executive teams.
About Adesto Technologies Corporation
Adesto Technologies Corporation (NASDAQ:IOTS) is a leading provider of innovative application-specific semiconductors and embedded systems for the IoT era. The company's technology is used by more than 2,000 customers worldwide who are creating differentiated solutions across industrial, consumer, medical and communications markets. With its growing portfolio of high-value technologies, Adesto is helping its customers usher in the era of the Internet of Things. See: www.adestotech.com.
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Source: Adesto Technologies Corporation