MILPITAS, Calif.--(BUSINESS WIRE)--Aquantia, the market leader of high-speed Ethernet connectivity solutions for data centers, mobile and enterprise infrastructure, today announced it ranked number one among semiconductor companies and number eight overall on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Aquantia’s President and Chief Executive Officer, Faraj Aalaei, credits the company’s growth to an inflection point for 10 Gigabit Ethernet over copper (10GBASE-T) technology that started with the introduction of Romley server platforms in 2012 and is accelerating with the Grantley generation announced in September 2014. These data center-class of servers drive networking needs beyond 1 Gigabit and into the mass adoption of 10GBASE-T. He said, “Aquantia’s success comes from a strong focus in turning technology differentiation into business success. It also comes from delivering best-in-class performance, density and power to our customers. This has made Aquantia the predominant vendor for this long-cycle, high-growth data center and cloud market. Our compelling trajectory continues with AQrate® technology that enables hundreds of millions of ports in enterprise access networks to upgrade to 2.5GBASE-T and 5GBASE-T over legacy copper infrastructure, driven by the Wave 2 of 802.11ac Access Points.”
Overall, 2014 Technology Fast 500™ companies achieved revenue growth ranging from 135 percent to 123,678 percent from 2009 to 2013, with an average growth of 1,640 percent.
About Deloitte’s 2014 Technology Fast 500™
Technology Fast 500, conducted by Deloitte LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2009 to 2013.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years and be headquartered within North America.
Aquantia is the leader in high-speed connectivity solutions for data centers, enterprise and mobile applications. As the number one supplier of 10GBASE-T PHYs in data centers, Aquantia has been consistently the first in the industry to deliver the technology in all process nodes and all port configurations, including the world’s first and only 10GBASE-T MAC/PHY device for servers. Aquantia’s ability to turn technological leadership into business success is evidenced by the fact that it has shipped more 10GBASE-T ports than all its competitors combined in the data centers. Aquantia is further expanding its leadership into the enterprise and mobile market segments with its flagship AQrate product line. Located in Silicon Valley, Aquantia is a venture-backed company, with strong tier-1 VCs and strategic investor support. For more information, visit www.aquantia.com.
AQrate® is registered in the U.S. Patent and Trademark Office.