|By Business Wire||
|October 18, 2012 02:01 AM EDT||
Celeno Communications, a leading provider of high-performance Wi-Fi chips and software for HD multimedia and high-performance data home networking applications, and ZTE Corporation (“ZTE”), a publicly-listed global provider of telecommunications equipment and network solutions, today announced a partnership to develop a range of wireless products that address IPTV service providers’ growing need for carrier-grade Wi-Fi solutions.
As part of the announcement, Celeno’s Wi-Fi chips will power ZTE’s home gateway products. Celeno’s chips, which are based on the company’s OptimizAIR™ technology, will enable ZTE to offer whole home Wi-Fi networking robust enough for HD IPTV distribution, multi-room DVR and over-the-top (OTT) video consumption on tablets anywhere in a home. Celeno’s chips will also be leveraged to power after-market accessories such as video bridges and USB dongles that will allow service providers to Wi-Fi-enable legacy set-top boxes and gateways.
“With Celeno’s field-proven Wi-Fi technology and Wi-Fi chip portfolio, we will be able to offer our telco customers top performance at the right cost levels,” said Mr. Xu Ziyang, CTO of ZTE Europe & North America. “Our customers are looking for video-grade Wi-Fi to better serve subscribers’ hunger for video and multimedia consumption in the home on various portable devices and wireless displays.”
“ZTE will benefit from a rich portfolio of video-grade Wi-Fi products that support a variety of architectures and have a strong roadmap towards 802.11ac,” said Gilad Rozen, CEO of Celeno. “This partnership underscores our continuous commitment to evolving our roadmap and technology to meet the stringent requirements of broadband service providers across Europe in a range of applications.”
ZTE’s new wireless products will be available in the fourth quarter of 2012.
Celeno provides high performance Wi-Fi chips and software for HD multimedia and entertainment home networking applications. Celeno’s extensive chip portfolio and OptimizAIR™ technology enable the wireless distribution of multiple and simultaneous HD video streams throughout the home with the highest levels of performance and reliability while ensuring a superlative quality of service and user experience. Celeno’s field-proven chips have been integrated into numerous OEM Wi-Fi devices and have been deployed with over 75 service providers worldwide. Founded in 2005, the company has offices and representatives in EMEA, the US and Asia-Pacific and is backed by blue chip investors including Cisco Systems, Greylock Partners, Liberty Global, Pitango Venture Capital and Vintage Investment Partners. www.celeno.com
ZTE is a publicly-listed global provider of telecommunications equipment and network solutions with the most comprehensive product range covering virtually every telecommunications sector, including wireless, access & bearer, VAS, terminals and professional services. The company delivers innovative, custom-made products and services to over 500 operators in more than 140 countries, helping them to meet the changing needs of their customers while growing revenue. In 2011, ZTE’s revenue increased by 29 per cent to USD13.7 billion. Its overseas operating revenue grew 30 per cent to USD 7.4 billion during the period, accounting for 54.2 per cent of overall operating revenue. ZTE commits 10 per cent of its annual revenue to research and development and has leadership roles in several international bodies devoted to developing telecommunications industry standards. ZTE is committed to corporate social responsibility and is a member of the UN Global Compact. The company is China’s only listed telecom manufacturer that is publicly traded on both the Hong Kong and Shenzhen Stock Exchanges (H share stock code: 0763.HK / A share stock code: 000063.SZ). For more information, please visit www.zte.com.cn.
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