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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Astera Labs Inc | NASDAQ:ALAB | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.86 | 4.97% | 60.40 | 60.00 | 60.40 | 60.55 | 56.81 | 57.10 | 848,182 | 00:53:52 |
From Jun 2024 to Jul 2024
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
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
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