Aquantia and Sumitomo Electric Announce Strategic Partnership to Deliver Multi-Gigabit Ethernet Connectivity Solutions to the Global Automotive Market
AQUANITA CORP (AQ)
NASDAQ:AMEX Investor Relations:
investors.aquantia.com
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Source: Business Wire
SAN JOSE, Calif. & OSAKA, Japan--(BUSINESS WIRE)-- Sumitomo Electric Industries, Ltd. (TSE:5802) and Aquantia Corp. (NYSE: AQ), today announced a strategic partnership for Sumitomo Electric to deliver Multi-Gig Ethernet connectivity products to global manufacturers of autonomous vehicles. Sumitomo Electric solutions span a wide range of technical capabilities with extensive deployment in Japan, as well as other major geographies. This Tier 1 technology supplier provides the global automotive market with a broad range of products and is focused on helping to create an automotive ecosystem characterized by safety, comfort and environmental responsibility. The products, Sumitomo Electric connectors, cables and subsystem capabilities combined with Aquantia AQcelerate automotive PHYs, are targeted at In-Vehicle Networks (IVNs) that enable new levels of autonomous driving. The agreement will allow the two companies
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