By Peter Clarke, eeNews Analog (April 22, 2021)
Senior executives at serdes IP licensor Alphawave IP Group plc have indicated they want to employ 100 engineers at a UK design center in Cambridge within a few years.
Alphawave IP is looking open up in Cambridge as part of a process of relocating the company headquarters from Toronto, Canada, to London and staging an initial public offering of shares that could see the company valued at US$4.5 billion (see Alphawave IP plans London IPO, Cambridge design centre).
"When we hire we don't hire in ones and twos," said Tony Pialis the co-founder and CEO of the company, in an interview with eeNews Europe. "We hire a team. For us a team is 20 to 30 people. In the medium-term I would expect to have multiple teams operating out of Cambridge," Pialis said.
Although Alphawave is looking to expand strongly in Cambridge it will continue with design groups it currently operates in Toronto, Mexico and India, the company's executive chairman John Lofton Holt, said.
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