Alphawave IP acquires Banias Labs, an optical DSP developer

Alphawave IP has acquired Banias Labs, an Israel-based optical Digital Signal Processing ("DSP") chip developer for data centers for approximately US$240 million. 

Alphawave IP said the acquisition strengthens Alphawave's roadmap of optical DSP silicon products for data centers.

Alongside the acquisition of Banias Labs, Alphawave has negotiated a non-binding, multi-year purchasing framework with a leading North American hyperscaler that proposes a multi-year roadmap for Alphawave to develop and sell a portfolio of optical products and DSPs, including coherent DSP technology from Banias Labs, with sales potentially ramping to over US$300 million. 

Tony Pialis, President and Chief Executive Officer of Alphawave said: "Banias Labs optical DSP technology provides a strong strategic advantage for Alphawave, strengthening our roadmap of DSP silicon solutions for data centers. This acquisition enhances our portfolio of electrical and optical solutions in the most advanced process technologies. The multi-year purchasing framework includes coherent optical solutions, and with the Banias acquisition, Alphawave is expanding its total addressable market by delivering next generation coherent optical solutions for the most advanced data centers."

John Lofton Holt, Executive Chairman of Alphawave said: "We are pleased to welcome the talented Banias Labs team to Alphawave. This acquisition aligns with the strategic priorities that we articulated at our IPO, expanding our technology portfolio in high-speed connectivity to support long-term growth. Coherent optics will enable the next level of efficiencies in data center communications, addressing the increasing bandwidth and power efficiency requirements."

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Alphawave IP expands in Ottawa

Alphawave IP is opening a new office in Ottawa, Ontario - expanding its North American presence in the country's key technology hub.

The new office, which is located in the Kanata North technology park, is expected to hold over 100 employees across all departments and roles by the end of the year, more than double the existing 50+ employees in the Ottawa area. 

"With our expansion into Ottawa, a major technology capital, Alphawave is well-positioned to accelerate growth and hiring in the North America region," said Tony Pialis, CEO, president, and co-founder of Alphawave. "The new site in Ottawa is a major addition to our company that will allow our engineering teams to better test, analyze, and create the next generation of connectivity technologies."

Alphawave currently has over 250 employees worldwide with aggressive plans to grow its global team significantly. By the end of the year, the company aims to have over 250 employees in Canada alone, with the planned acquisition of OpenFive set to further expand its workforce and propel Alphawave's connectivity leadership, product offerings, and customer base. The company plans to open an additional office in Milpitas pending the OpenFive acquisition, bringing the global office count to nine.

http://www.awaveip.com

Alphawave IP to acquire OpenFive Business Unit from SiFive for $210m

Monday, March 14, 2022  Mergers And Acquisitions, SiFive  

Alphawave IP Group plc agreed to acquire the entire OpenFive business unit from SiFive for US$210 million in cash.SiFive is the founder and leader of RISC-V computing based in San Mateo, California. OpenFive, a SiFive business unit, has a high-speed connectivity system-on-chip (SoC) IP portfolio and a proven team based in India and Silicon Valley that has been delivering custom silicon solutions for over 15 years.  The acquisition significantly...

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Alphawave intros PCIe Gen1 – Gen5 PHY

Alphawave IP introduced its PipeCORE PCIe Gen1-5 PHY, an advanced DSP based 7nm PCIe Gen1-5 PHY that is available on TSMC’s 7nm process technology.

The company says its PipeCORE can also demonstrate 64Gbps PAM4 rates for early PCI-Express Gen6 adopters.

The PipeCORE PHY leverages the same advanced high-speed ADC architecture utilized by Alphawave’s AlphaCORE Multi-Standard Serdes (MSS) IP that has been delivered to customers in 7nm since earlier in 2019.

“I am really proud that the Alphawave team has delivered working PCIe Gen1-5 silicon the first time!” said Tony Pialis, President and CEO of Alphawave.

https://awaveip.com/products/pipecore-gen1-5-phy/

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