The expanded leadership team will support
the successful execution of Alphawave IP's long-term strategy while
continuing to deliver for customers and shareholders
LONDON and TORONTO, Jan. 12,
2023 /PRNewswire/ -- Alphawave IP Group plc ("Alphawave" or
the "Company") (LSE: AWE), a global leader in high-speed
connectivity for the world's technology infrastructure is pleased
to announce four appointments to its executive leadership team,
bringing extensive experience in the semiconductor industry and
increased expertise in connectivity technology for digital
infrastructure. The Company will provide a broader business
and technology update at its Capital Markets Day on January 13, 2022.
The following join the Alphawave executive leadership team as
the Company accelerates its transformation from a pure play IP
provider into a vertically integrated semiconductor company
delivering high-performance connectivity solutions:
- Mohit Gupta, Senior Vice
President & General Manager, leads Alphawave's IP and
custom silicon business. Mohit joined Alphawave in September 2022 as part of the OpenFive
acquisition, where he was Senior Vice President and General Manager
for the IP and custom SoC business units. Mohit brings more than
two decades of business and engineering management experience in
semiconductor IP and custom silicon.
- Babak Samimi, Senior Vice
President & General Manager, leads the new connectivity
products business. Babak joined Alphawave in November 2022 and has over 25 years of experience
in the semiconductor industry. Babak was most recently Corporate VP
for Microchip Technology, Communications Networking Business,
focused on enterprise, telecom, and cloud service providers.
- Saeid Ghafouri, Senior Vice
President, Worldwide Sales, leads the global sales
organization, driving design wins across the Alphawave product
portfolio. Saeid joined Alphawave in February 2021 and is an experienced sales
executive with a track record of accelerating revenue growth at
early-stage and established semiconductor EDA and IP
companies.
- Sudhir Mallya, Senior Vice
President, Corporate Marketing, leads our newly formed
Corporate Marketing Group. Sudhir joined Alphawave in September 2022 as part of the OpenFive
acquisition, where he was Vice President for corporate and custom
silicon product marketing. Sudhir brings a breadth of semiconductor
industry experience spanning custom silicon and
application-specific products across multiple application
domains.
Tony Pialis, President and
Chief Executive Officer of Alphawave said: "With these
appointments, Alphawave is moving on to the next phase of our
long-term plan. All of these individuals bring important expertise
which will enable our customers to continue to benefit from the
highest performing, lowest power connectivity solutions in the form
of IP, as well as custom silicon and complete optical silicon
products. I am looking forward to working together with the
extended team."
John Lofton Holt, Executive
Chairman of Alphawave said: "We are pleased to announce
these seasoned and talented appointments as we execute on our
mission to extend Alphawave's leadership in our key markets. We are
already seeing synergies from our recent acquisitions in the form
of design wins and an expanded customer base and look forward to
sharing more details on this, and other areas, at our upcoming
Capital Markets Day."
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About Alphawave IP Group plc (LSE: AWE)
Faced with the exponential growth of data, Alphawave IP's
technology services a critical need: enabling data to travel
faster, more reliably and with higher performance at lower power.
Alphawave IP is a global leader in high-speed connectivity for the
world's technology infrastructure. Our IP and silicon
solutions therefore meet the needs of global tier-one customers in
data centers, compute, networking, AI, 5G, autonomous vehicles, and
storage. Founded in Toronto,
Canada in 2017, by an expert technical team with a proven
track record in licensing semiconductor IP, our mission is to focus
on the hardest-to-solve connectivity challenges. To find out more
about Alphawave IP, visit: awaveip.com
Alphawave IP Group plc, John Lofton
Holt, Executive Chairman; Jose Cano, Global Head of
Investor Relations, ir@awaveip.com, +44 (0) 20 7717
5877; Brunswick Group, Simone Selzer, Sarah West,
alphawave@brunswickgroup.com, +44 (0) 20 7404
5959; Gravitate PR, Lisette Paras, Siddharth Nigam,
alphawave@gravitatepr.com, +1 415 420 8420
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