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Transaction will accelerate Alphawave’s connectivity leadership, product offerings and customer base while driving higher scale and revenue growth from an expanded total addressable market.

Alphawave IP Group plc (“Alphawave” or “Company”) (LN:AWE), a global leader in high-speed connectivity for the world’s technology infrastructure is pleased to announce the acquisition of the entire OpenFive business unit from SiFive Inc. (“SiFive”). SiFive is the founder and leader of RISC-V computing based in San Mateo, California. All definitive agreements have been completed and the transaction is expected to close in H2 2022 pending customary regulatory approvals.

Read the full announcement. 

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