Alphawave IP acquires Banias Labs for $240 million

Alphawave IP Group acquired Banias Labs, an Israel-based optical DSP chip developer for data centers, for approximately $240 million. The acquisition strengthens Alphawave's optical DSP silicon product roadmap.

“Alphawave IP Group, a global leader in high-speed connectivity for the world's technology infrastructure announced the acquisition of Banias Labs, an Israel-based optical Digital Signal Processing (DSP) chip developer for data centers for approximately US$240 million.”thefastmode.com

• 2 sources
• thefastmode.comAlphawave IP Buys Optical DSP Chip Developer Banias LabsRay SharmaOct 14, 2022
• israeldesks.comUK listed Alphawave IP buys Banias Labs for USD 240 million - IsraelDesksIdan NishlisOct 27, 2022

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