SAN DIEGO, Aug. 31, 2016 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Technologies, Inc. (QTI), has collaborated with NETGEAR to develop the new Orbi™ Tri-band Wi-Fi System by NETGEAR. Designed to deliver high-speed Wi-Fi in every corner of the home, the Orbi Tri-band Wi-Fi System is the first commercially announced mesh Wi-Fi system to utilize QTI's tri-radio 802.11ac chipsets, and the full suite of Wi-Fi Self-Organizing Network (SON) technologies designed to offer unprecedented Wi-Fi performance and simplicity.
"Qualcomm Technologies and NETGEAR are working together to solve some of the most complex challenges that exist with today's increasingly crowded Wi-Fi networks," said Gopi Sirineni, vice president of product management, Qualcomm Technologies, Inc. "Orbi is a prime example of this collaboration. We expect the unique combination of NETGEAR expertise in Tri-band Wi-Fi systems, and QTI's Wi-Fi SON technology, to deliver faster, simpler and improved reliability for people with large-sized homes or challenging architecture."
"NETGEAR has a long standing relationship with Qualcomm Technologies for technology solutions that help to deliver high-quality Wi-Fi connectivity for our customers," said David Henry, senior vice president of home networking at NETGEAR. "Qualcomm Technologies' Tri-radio chipset, in conjunction with MU-MIMO and Wi-Fi SON, is an essential component to enabling Orbi to provide faster, smarter, more secure Wi-Fi to our customers around the world."
The Orbi Tri-band Wi-Fi System was built via the collaboration between NETGEAR and QTI. QTI's tri-band Wi-Fi chipset utilizes three Wi-Fi radios to create a dedicated wireless backhaul connection between the Orbi Router and Orbi Satellites. The system also leverages QTI's Wi-Fi SON software to help simplify the Wi-Fi set up process and to optimize the network to eliminate congestion, bottlenecks and dead zones. The combination of QTI and NETGEAR technology has resulted in high-performance Wi-Fi in virtually every corner of the home.
The NETGEAR Orbi Wi-Fi System consists of one Orbi Router and one Orbi Satellite. The new Wi-Fi System will be available this September from major retailers at an MSRP of $399.99 in the U.S. Worldwide availability will be later this year and Q1 2017. Pre-orders are now being accepted by leading online retailers.
Qualcomm Incorporated (NASDAQ: QCOM) is a world leader in 3G, 4G and next-generation wireless technologies. Qualcomm Incorporated includes Qualcomm's licensing business, QTL, and the vast majority of its patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of Qualcomm's engineering, research and development functions, and substantially all of its products and services businesses, including its semiconductor business, QCT. For more than 30 years, Qualcomm ideas and inventions have driven the evolution of digital communications, linking people everywhere more closely to information, entertainment and each other. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.
About NETGEAR, Inc.
NETGEAR (NASDAQ: NTGR) is a global networking company that delivers innovative products to consumers, businesses and service providers. The Company's products are built on a variety of proven technologies such as wireless (Wi-Fi and LTE), Ethernet and powerline, with a focus on reliability and ease-of-use. The product line consists of wired and wireless devices that enable networking, broadband access and network connectivity. These products are available in multiple configurations to address the needs of the end-users in each geographic region in which the Company's products are sold. NETGEAR products are sold in approximately 28,000 retail locations around the globe, and through approximately 29,000 value-added resellers, as well as multiple major cable, mobile and wireline service providers around the world. The company's headquarters are in San Jose, Calif., with additional offices in approximately 25 countries. More information is available from the NETGEAR investor page or by calling (408) 907-8000. Connect with NETGEAR on Twitter and Facebook.
©2016 NETGEAR, Inc. NETGEAR, the NETGEAR logo, and Orbi are trademarks and/or registered trademarks of NETGEAR, Inc. and/or its affiliates in the United States and/or other countries. Other brand and product names are for identification purposes only and may be trademarks or registered trademarks of their respective holder(s). The information contained herein is subject to change without notice. NETGEAR shall not be liable for technical or editorial errors or omissions contained herein. All rights reserved.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 for NETGEAR, Inc.: This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Specifically, statements concerning NETGEAR's business and the expected performance characteristics, specifications, reliability, market acceptance, market growth, specific uses, user feedback and market position of NETGEAR's products and technology are forward-looking statements within the meaning of the Safe Harbor. These statements are based on management's current expectations and are subject to certain risks and uncertainties, including, without limitation, the following: the actual price, performance and ease-of-use of NETGEAR's products may not meet the price, performance and ease-of-use requirements of customers; product performance may be adversely affected by real world operating conditions; failure of products may under certain circumstances cause permanent loss of end user data; new viruses or Internet threats may develop that challenge the effectiveness of security features in NETGEAR's products; the ability of NETGEAR to market and sell its products and technology; the impact and pricing of competing products; and the introduction of alternative technological solutions. Further information on potential risk factors that could affect NETGEAR and its business are detailed in the Company's periodic filings with the Securities and Exchange Commission. NETGEAR undertakes no obligation to release publicly any revisions to any forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Pete Lancia, Corporate Communications
John Sinnott, Investor Relations
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SOURCE Qualcomm Incorporated