# 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.

- Type: Acquisition
- Announced: 2022-10-14
- Where: Israel
- Value: $240.0M
- Status: completed
- Products: optical digital signal processing (DSP) chips
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Alphawave IP Group](https://endata.com/companies/65795.md) (acquirer)
- [Banias Labs](https://endata.com/companies/65796.md) (target)

## Sources

- [thefastmode.com](https://www.thefastmode.com/technology-solutions/28254-alphawave-ip-buys-optical-dsp-chip-developer-banias-labs), 2022-10-14: "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."
- [israeldesks.com](https://israeldesks.com/uk-listed-alphawave-ip-buys-banias-labs-for-usd-240-million/), 2022-10-27: "UK-listed Alphawave IP has bought Banias Labs for USD 240 million and now owns 100% of the company's share capital."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.