Astera Labs Opens New R&D Hub in Bengaluru to Drive AI and Cloud Innovation
September 12 2024 - 1:30AM
Business Wire
Dr. Shivananda Koteshwar to lead the company’s
India operations and spearhead development of innovative
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 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 to welcome
Dr. Koteshwar at this critical time as he brings vast operational
leadership and semiconductor expertise to the company, which will
be extremely valuable as we execute on our expansion in India.”
A Bengaluru native, Dr. Shivananda Koteshwar brings nearly three
decades of semiconductor experience spanning a wide range of
leadership, management, and engineering positions. He was most
recently the Vice President of the EDA Group in South Asia at
Synopsys, where he built and managed a robust and efficient
organizational structure while also driving ecosystem thought
leadership and revenue growth initiatives in the region. Before
joining Synopsys, Dr. Koteshwar was instrumental in setting up the
Bengaluru site at MediaTek as the Site Head and General Manager,
defining growth strategies, creating innovation capabilities,
enabling ecosystems, and building breakthrough business models.
Dr. Shivananda Koteshwar, Managing Director, India Site Head,
said, “Astera Labs’ rapid ascent to become a leading provider
of PCIe, CXL, and Ethernet interconnect technologies for
hyperscalers’ AI infrastructure in six short years is truly
remarkable. I’m proud to lead the company’s new chapter and first
site in India by establishing a dynamic core engineering site to
create a robust pipeline of new products that define the future AI
connectivity backbone.”
Astera Labs’ India R&D site will serve as an end-to-end
design center for silicon technology and product development of
connectivity solutions that are built from the ground up to enable
AI system deployments at scale. The company selected the Bengaluru
region for its robust semiconductor workforce and ample
opportunities to partner with the local business community.
Additionally, Astera Labs plans to tap the rich technical talent
from premier universities across India to further enhance its
engineering capabilities.
Astera Labs is actively hiring across multiple engineering
disciplines to support product and application development. Visit
www.asteralabs.com/careers to learn more.
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/20240911998730/en/
Joe Balich Joe.balich@asteralabs.com
Astera Labs (NASDAQ:ALAB)
Historical Stock Chart
From Oct 2024 to Nov 2024
Astera Labs (NASDAQ:ALAB)
Historical Stock Chart
From Nov 2023 to Nov 2024