About Quantenna Communications .
ON Semiconductor is a Fortune 500 semiconductors supplier company.
Quantenna introduced the world’s first 10G Wi-Fi technology for a new generation of access points in home, enterprise and public spaces and continues to innovate.
She served as chief technology officer of the startup until returning to Stanford in 2008. We are proud of our accomplishments and look forward to a smooth transition with the ON Semiconductor team to pursue exciting new opportunities for Quantenna’s talented employees and reinforce our longstanding position as a leading Wi-Fi technology innovator.”
He has a PhD in Quantum Devices from the Marquette University.He has more than 40 patents to his name in the US and his founded companies have won CES Innovations Awards three years in a row. Real-time discussion about Quantenna Communications, Inc. (QTNA) on CEO.CA, an investment chat community for Canada's small cap markets Quantenna (Nasdaq:QTNA) is the global leader and innovator of high performance Wi-Fi solutions. Qatalyst Partners acted as exclusive financial advisor to Quantenna, along with O’Melveny & Myers LLP, who served as legal advisor.“Today’s announcement is great news for Quantenna employees and customers worldwide," said Dr. Sam Heidari, chairman and CEO of Quantenna. ON Semiconductor (ON) to Acquire Quantenna Communications (QTNA) for $24.50/Share.
Completion of the transaction is subject to approval by Quantenna’s stockholders, regulatory approvals and other customary closing conditions. ON Semiconductor intends to fund the transaction through cash on hand and available capacity under its existing revolving credit facility.Following consummation, the transaction is expected to be immediately accretive to ON Semiconductor’s non-GAAP earnings per share and free cash flow, excluding any non-recurring acquisition-related charges, the fair value step-up inventory amortization, and amortization of acquired intangibles.Morrison & Foerster LLP served as legal advisor to ON Semiconductor.
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Wikipedia Commons PHOENIX, AZ and SAN JOSE, CA—ON Semiconductor Corporation and Quantenna Communications announced that they have entered into a definitive agreement for ON Semiconductor to acquire Quantenna for $24.50 per share in an all-cash transaction.
Products include power and signal management, logic, discrete, and custom devices for automotive, communications, computing, consumer, industrial, LED lighting, medical, military/aerospace and power applications.
In 2006, she took a leave of absence from Stanford and co-founded Quantenna Communications, a company that produces silicon chipsets designed for high-speed, wireless high-definition video home networking.
Quantenna (Nasdaq:QTNA) is a global leader and innovator of leading-edge performance Wi-Fi solutions.
Behrooz Rezvani is an American entrepreneur and telecommunications engineer.He has co-founded public companies Ikanos Communications (bought by Qualcomm Atheros), Quantenna and Seyyer. No approval of the stockholders of ON Semiconductor is required in connection with the proposed transaction.The transaction is not subject to a financing condition. Article Related Press Releases (1) Related Articles (3) Stock …