Alphawave Buys Banias Labs

Alphawave IP has bought Banias Labs, the Israeli optical DSP chip developer for data centres for approximately $240 million.

The acquisition strengthens Alphawave’s roadmap of optical DSP silicon products for data centers, a core high growth market for Alphawave.

Alphawave has negotiated a non-binding, multi-year purchasing framework with a US 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 $300 million.

"This acquisition enhances our portfolio of electrical and optical solutions in the most advanced process technologies,” says Alphawave CEO Tony Pialis.