Alphawave Ip Announces Definitive Agreement To Acquire Entire Openfive Business Unit From Sifive For Us$210M In Cash
Acquiring Company
Alphawave IP Group plc (LSE
Acquired Company
OpenFive Business Unit
Description
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.
Quick answer
Alphawave IP Group plc (LSE is acquiring OpenFive Business Unit for $210 million, announced March 14, 2022.
- How much did Alphawave IP Group plc (LSE pay for OpenFive Business Unit?
- The reported deal value is $210 million.
- What does Alphawave IP Group plc (LSE do?
- 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.
Source: Fundz verified event record.
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Frequently asked
Who acquired OpenFive Business Unit?
OpenFive Business Unit was acquired by Alphawave IP Group plc (LSE. The deal was reported on March 14, 2022. 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 Group plc (LSE is privately held and operates in Information Technology.
When did Alphawave IP Group plc (LSE acquire OpenFive Business Unit?
Alphawave IP Group plc (LSE's acquisition of OpenFive Business Unit was reported on March 14, 2022. 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"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OpenFive Business Unit do?
Openfive provides custom silicon solutions,IP for Artificial Intelligence,SoCs for High End Networking,Chiplet 5nm,Silicon Validation, LPDDR5 5nmHBM. It is privately held.
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