Alphawave Launches US Presence with New Silicon Valley Office
PR95857
LONDON, and TORONTO, May 11, 2022 /PRNewswire=KYODO JBN/ --
- 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 (
) with over 225% year-on-year growth and its 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 -
SOURCE Alphawave IP Group Plc
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