San Jose
office will support North American key partners, business, and
operations
LONDON, and TORONTO, May 10,
2022 /PRNewswire/ -- 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
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trademarks belong to their respective owners.
Media Contact: Wynton Yu, Gravitate PR for Alphawave
IP, alphawave@gravitatepr.com
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