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Astera Labs Opens New R&D Hub in Bengaluru to Drive AI and Cloud Innovation [Yahoo! Finance]

Astera Labs, Inc. (ALAB) 
Company Research Source: Yahoo! Finance
SANTA CLARA, Calif., September 12, 2024 BUSINESS WIRE )--Astera Labs, Inc. (Nasdaq: ALAB), a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, today announced the official opening of its R&D site in India to establish a world-class engineering team and scale product development operations. The new office located in Bengaluru expands the company's global footprint and is a foundational piece of its accelerated growth strategy as a leading enabler for deploying AI at cloud-scale. Dr. Shivananda Koteshwar – a visionary leader and accomplished semiconductor industry veteran – has been named Managing Director of Astera Labs' India operations. Sanjay Gajendra, President and Chief Operating Officer, Astera Labs, said , "We are in a tremendous growth phase and the company's trajectory is accelerating since the successful IPO earlier this year as our Intelligent Connectivity Platform proves essential to unleashing AI at cloud-scale. I'm thrilled Show less Read more
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