Telefonica makes strategic investment in Quantenna

Telefonica (Madrid, Spain) last Monday announced that it has signed a strategic partnership with Quantenna Communications (Fremont, Calif., U.S.A.), a provider of Wi-Fi networking for home entertainment, including connected devices. Through the partnership, Telefonica looks to make a strategic equity investment in Quantenna, which will give it access to the latest Quantenna technology for the deployment of high performance video services to the home.

Telefonica will invest roughly $3 million in Quantenna, which brings the total investment up to $90 million to date, says Quantenna.

Telefonica (Madrid, Spain) last Monday announced that it has signed a strategic partnership with Quantenna Communications (Fremont, Calif., U.S.A.), a provider of Wi-Fi networking for home entertainment, including connected devices. Through the partnership, Telefonica looks to make a strategic equity investment in Quantenna, which will give it access to the latest Quantenna technology for the deployment of high performance video services to the home.

Telefonica will invest roughly $3 million in Quantenna, which brings the total investment up to $90 million to date, says Quantenna.

According to Quantenna, new services with high interactivity, low latency and huge bandwidth demands (such as high definition video), plus the increasing proliferation of connected devices in the home, challenge today’s network technologies. As network operators start to roll out fiber services to customers’ homes, there is a looming bottleneck on the limited capabilities of current wireless technologies.

Quantenna is working to bridge the capability gap and allow high quality video to be deployed wirelessly to multiple devices around the home, including connected devices, says the company.

 Quantenna’s family of Full-11n 5GHz chipsets uses the company’s 3G 4×4 MIMO technology to deliver up to 600 Mbps of bandwidth. The chipsets enable manufacturers to build products for delivering IPTV and other video streaming and data distribution services throughout the home over a Wi-Fi connection, says the company.

The investment in Quantenna has been led by Telefonica Ventures, a division of Telefonica Digital, with offices in Silicon Valley, London, Madrid and Israel.

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