Alphawave seeks $4.5bn valuation
Alphawave seeks $4.5bn valuation Alphawave, the Canadian wired connectivity IP specialist, is to IPO seeking to raise $500 million cash at a valuation of $4.5 billion. BlackRock and Janus Henderson have committed to take $510 million worth of shares at an equity valuation of up to $4.5 billion. Alphawave plans to sell at least a quarter of its shares at the IPO. CEO and founder Tony Pialis (pictured), who previously founded Snowbush Microelectronics and V Semiconductor, says that, in founding Alphawave, he envisaged that ““an architectural revolution would be needed that moved SerDes aw...
Source: electronicsweekly.com