Alphawave IP Acquires OpenFive

September 1, 2022

Alphawave IP Group plc has completed the acquisition of OpenFive, bringing OpenFive's custom silicon SoC IP portfolio and global engineering teams into Alphawave. The transaction, signed for US$210m in cash, expands Alphawave's capabilities into custom silicon and chiplet design to accelerate revenue growth and IP monetization.

Buyers
Alphawave IP Group plc
Targets
OpenFive
Sellers
SiFive
Location
California, United States
Transaction Type
Buyout

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