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Speeding up the Internet: Quantenna Communications files for a $100 million IPO

September 29, 2016

Quantenna Communications, which sells next-generation semiconductor chipsets for high-speed Wi-Fi networks, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.

The Fremont, CA-based company was founded in 2005 and booked $105 million in sales for the 12 months ended June 26, 2016. It plans to list under the symbol QTNA, but has not yet disclosed an exchange. Quantenna Communications filed confidentially on July 8, 2016. Morgan Stanley, Barclays and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.