Country for PR: United States
Contributor: PR Newswire New York
Tuesday, May 10 2022 - 23:30
AsiaNet
Alphawave Launches US Presence with New Silicon Valley Office
LONDON, and TORONTO, May 11, 2022 /PRNewswire-AsiaNet/ --

- San Jose office will support North American key partners, business, and 
operations

Alphawave IP (LN: AWE), a global leader in high-speed connectivity for the 
world's technology infrastructure, announced today the opening of its new 
office in San Jose, California – marking the launch of its presence in the 
United States.

Alphawave expects the US office to grow to more than 40 employees by the end of 
the year, with the majority of employees in sales roles. The onsite laboratory 
will showcase the company's most advanced technology from its IP cores and 
interface controllers to a demonstration of 100G-1.6Tbps data transfer.

"With the vast majority of our customer base in North America – and 
specifically in the United States – Silicon Valley is the natural choice for 
our new flagship North American office," said Tony Pialis, CEO, president, and 
co-founder of Alphawave. "Our San Jose office will expand the company's 
footprint in Silicon Valley and our ability to support customers in North 
America. The new office will also feature an enhanced laboratory facility to 
demonstrate our latest connectivity solutions with key partners in the 
industry."

Alphawave's new Silicon Valley office follows the company's 2021 annual 
earnings report ( 
https://c212.net/c/link/?t=0&l=en&o=3529010-1&h=2056173793&u=https%3A%2F%2Fwww.awaveip.com%2Fen%2Fnews-views%2Ffull-year-2021-results-and-q1-2022-trading-update%2F&a=2021+annual+earnings+report 
) with over 225% year-on-year growth and its agreement to acquire OpenFive ( 
https://c212.net/c/link/?t=0&l=en&o=3529010-1&h=1097921931&u=https%3A%2F%2Fwww.awaveip.com%2Fen%2Fnews-views%2Falphawave-ip-announces-definitive-agreement-to-acquire-entire-openfive-business-unit-from-sifive-for-us-210m-in-cash%2F&a=agreement+to+acquire+OpenFive 
) – which will accelerate Alphawave's connectivity leadership, product 
offerings, and customer base. Alphawave's vision is to power the world's 
infrastructure to make data transfer faster, more reliable, and efficient for 
everything from 5G wireless networks, hyperscale data centers, AI, and other 
emerging applications.

Alphawave has about 170 employees worldwide and plans to continue global 
expansion through its OpenFive transaction and customer growth. The company 
will also open a second Silicon Valley office in Milpitas in 2022, pending its 
OpenFive acquisition.

About Alphawave IP
Faced with the exponential growth of data, Alphawave's technology services a 
critical need: enabling data to travel faster, more reliably and with higher 
performance at lower power. Alphawave is a global leader in high-speed 
connectivity for the world's technology infrastructure. Our IP solutions, 
therefore, meet the needs of global tier-one customers in data centers, 
computing, networking, AI, 5G, autonomous vehicles, and storage. Founded in 
Toronto, Canada in 2017, by an expert technical team with a proven track record 
in licensing semiconductor IP, our mission is to focus on the hardest-to-solve 
connectivity challenges. To find out more about Alphawave IP, visit: awaveip.com

Trademarks
All registered trademarks and other trademarks belong to their respective 
owners.

Media Contact: Wynton Yu, Gravitate PR for Alphawave IP, 
alphawave@gravitatepr.com

Photo - 
https://mma.prnewswire.com/media/1812566/Alphawave_IP_Group_Plc_Alphawave%C2%A0Launches_US_Presence_with_New_S.jpg 


SOURCE  Alphawave IP Group Plc
Translations

Japanese