Astera Labs Set to Strengthen Global Footprint with Expansion into India

Rhea-AI Summary

Astera Labs (Nasdaq: ALAB), a leader in semiconductor connectivity solutions for AI and cloud infrastructure, announced an expansion into India.

The new R&D site in Bangalore will leverage local engineering talent to develop advanced interconnect technologies for AI data centers.

According to President and COO Sanjay Gajendra, India's rich technical workforce makes it an ideal location for strategic growth.

This new site will complement existing R&D centers in Santa Clara, Toronto, Vancouver, and Haifa.

Positive

• Expansion into India to leverage local engineering talent.
• New R&D site in Bangalore to develop advanced interconnect technologies.
• Strategic growth supported by India's technical workforce.

Negative

• None.

The new R&D site will support the company’s rapid growth as a leader in purpose-built connectivity solutions for AI and cloud infrastructure

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced its plan to expand operations to India. The new site to be opened in Bangalore later this year will tap into the region’s rich engineering talent and establish a robust pipeline of cutting-edge interconnect technologies that enable AI architectures throughout the data center.

Sanjay Gajendra, President and Chief Operating Officer, Astera Labs, said, “As a thriving international market with a world-class technical workforce, India is a clear choice for strategic expansion to help scale our engineering resources and support the next phase of growth for the company. We look forward to harnessing Bangalore’s tremendous business and engineering prowess to deliver on our vision to be the leader in purpose-built connectivity solutions that unlock the true potential of AI and cloud infrastructure.”

The new India site will join Astera Labs’ existing R&D centers in Santa Clara, California, Toronto and Vancouver, Canada, and Haifa, Israel. To learn more about plans for open positions in Bangalore, India please email: careers.india@asteralabs.com.

About Astera Labs

Astera Labs is a global leader in purpose-built connectivity solutions that unlock the full potential of AI and cloud infrastructure. Our Intelligent Connectivity Platform integrates PCIe®, CXL®, and Ethernet semiconductor-based solutions and the COSMOS software suite of system management and optimization tools to deliver a software-defined architecture that is both scalable and customizable. Inspired by trusted relationships with hyperscalers and the data center ecosystem, we are an innovation leader delivering products that are flexible and interoperable. Discover how we are transforming modern data-driven applications at www.asteralabs.com.

© Astera Labs, Inc. Astera Labs, and its stylized logo, are trademarks of Astera Labs, Inc. or its affiliates. Other names and brands may be claimed as the property of others.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240627326509/en/

Joe Balich

Joe.balich@asteralabs.com

Source: Astera Labs, Inc.

FAQ

What recent expansion did Astera Labs (ALAB) announce?

Astera Labs announced its expansion into India with a new R&D site in Bangalore.

Why is Astera Labs (ALAB) expanding into India?

Astera Labs is expanding into India to leverage the country's rich engineering talent and support its next phase of growth.

What will Astera Labs' (ALAB) new R&D site in Bangalore focus on?

The new R&D site in Bangalore will focus on developing advanced interconnect technologies for AI data centers.

Who commented on Astera Labs' (ALAB) expansion to India?

Sanjay Gajendra, President and COO of Astera Labs, commented on the expansion.

How does the new India site fit into Astera Labs' (ALAB) global operations?

The new India site will join Astera Labs' existing R&D centers in Santa Clara, Toronto, Vancouver, and Haifa.