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Quintic
Chinese chip design company focused on providing low power consumption and cost-effective wireless access solutions
About Quintic
Quintic Corporation was a fabless semiconductor company established in 2005 by Silicon Valley veterans Xiaodong Jin and Yifeng Zhang. The firm was headquartered in Santa Clara, California, and operated with a team of 11-50 employees. Quintic specialized in the design of ultra-low-power, highly integrated wireless System-on-Chip (SoC) solutions.
The company's strategic focus was on supplying connectivity solutions for lifestyle applications, particularly in the burgeoning markets of sports and fitness wearables and smart accessories for mobile devices. Since 2007, Quintic had been developing its FM product line, incorporating high-performance FM transmitter chips for personal wireless audio applications. Their product portfolio centered on delivering cost-effective wireless access solutions with minimal power consumption to meet the demands of an increasingly connected consumer base.
Quintic's business model was that of a fabless semiconductor firm, meaning it designed and sold hardware devices and semiconductor chips while outsourcing the fabrication of those components to a specialized manufacturer. This approach allowed the company to concentrate its resources on the research and development of its core intellectual property. The company successfully raised a total of $22.3 million over five funding rounds from institutional investors, including Harbinger Venture Capital, IDG Capital, and Tallwood Venture Capital, with its first round occurring in September 2006. A significant milestone in the company's history was its acquisition by NXP Semiconductors, a deal that was completed on February 23, 2015. This acquisition integrated Quintic's Bluetooth Low Energy (BTLE) and wearable technology businesses into NXP's portfolio of ultra-low-power RF-connectivity solutions for the Internet of Things (IoT).
Source: Dealroom company dataAt a glance
- Founded
- 2006
- Headquarters
- Santa Clara, United States
- Sector
- Semiconductors
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A2 investors entered at this stage
Harbinger Ventures
IDG Capital
Source: Dealroom Talent Intelligence.
Global footprint
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