Alphawave Opens Silicon Valley Office

<p>Alphawave IP&comma; a provider of high-speed connectivity for the world&&num;8217&semi;s technology infrastructure based in Toronto&comma; has opened a new office in <span class&equals;"xn-location">San Jose <&sol;span>– marking the launch of its presence in <span class&equals;"xn-location">the United States<&sol;span>&period;<&sol;p>&NewLine;<p>Alphawave expects the US office to grow to more than 40 employees by the end of the year&comma; with the majority of employees in sales roles&period; The onsite laboratory will showcase the company&&num;8217&semi;s most advanced technology from its IP cores and interface controllers to a demonstration of 100G-1&period;6Tbps data transfer&period;<&sol;p>&NewLine;<p>&&num;8220&semi;With the vast majority of our customer base in <span class&equals;"xn-location">North America<&sol;span> – and specifically in <span class&equals;"xn-location">the United States<&sol;span> – Silicon Valley is the natural choice for our new flagship North American office&comma;&&num;8221&semi; said <span class&equals;"xn-person">Tony Pialis<&sol;span>&comma; CEO&comma; president&comma; and co-founder of Alphawave&period; &&num;8220&semi;Our <span class&equals;"xn-location">San Jose<&sol;span> office will expand the company&&num;8217&semi;s footprint in Silicon Valley and our ability to support customers in <span class&equals;"xn-location">North America<&sol;span>&period; The new office will also feature an enhanced laboratory facility to demonstrate our latest connectivity solutions with key partners in the industry&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Alphawave&&num;8217&semi;s new Silicon Valley office follows the company&&num;8217&semi;s <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3529010-1&amp&semi;h&equals;2056173793&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;awaveip&period;com&percnt;2Fen&percnt;2Fnews-views&percnt;2Ffull-year-2021-results-and-q1-2022-trading-update&percnt;2F&amp&semi;a&equals;2021&plus;annual&plus;earnings&plus;report" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">2021 annual earnings report<&sol;a><&sol;u> with over 225&percnt; year-on-year growth and its <u><a href&equals;"https&colon;&sol;&sol;c212&period;net&sol;c&sol;link&sol;&quest;t&equals;0&amp&semi;l&equals;en&amp&semi;o&equals;3529010-1&amp&semi;h&equals;1097921931&amp&semi;u&equals;https&percnt;3A&percnt;2F&percnt;2Fwww&period;awaveip&period;com&percnt;2Fen&percnt;2Fnews-views&percnt;2Falphawave-ip-announces-definitive-agreement-to-acquire-entire-openfive-business-unit-from-sifive-for-us-210m-in-cash&percnt;2F&amp&semi;a&equals;agreement&plus;to&plus;acquire&plus;OpenFive" target&equals;"&lowbar;blank" rel&equals;"nofollow noopener">agreement to acquire OpenFive<&sol;a><&sol;u> – which will accelerate Alphawave&&num;8217&semi;s connectivity leadership&comma; product offerings&comma; and customer base&period; Alphawave&&num;8217&semi;s vision is to power the world&&num;8217&semi;s infrastructure to make data transfer faster&comma; more reliable&comma; and efficient for everything from 5G wireless networks&comma; hyperscale data centers&comma; AI&comma; and other emerging applications&period;<&sol;p>&NewLine;<p>Alphawave has about 170 employees worldwide and plans to continue global expansion through its OpenFive transaction and customer growth&period; The company will also open a second Silicon Valley office in <span class&equals;"xn-location">Milpitas<&sol;span> in 2022&comma; pending its OpenFive acquisition&period;<&sol;p>&NewLine;