2023-11-09 01:07:35
Alphawave Semi (LSE: AWE), a leader in high-speed connectivity for the world’s technology infrastructure, was honored today as an Enterprise–Industry Leaders award winner in Deloitte’s 2023 Technology Fast 50™ program. The company also ranked 94th on Deloitte’s overall Technology Fast 500™ list, which recognizes the most innovative and fastest-growing technology companies in North America.
Celebrating its 26th anniversary, the award recognizes the enterprise-level technology, media and telecommunications companies that have grown the fastest, by percentage of revenue growth, over the last four years of operation. This leadership category is open to companies with a minimum revenue of $10 million in 2019 and $50 million in 2022.
Alphawave Semi takes the top spot on this year’s list after experiencing 1,547% growth from 2019 to 2022.
Tony Pialis, CEO and co-founder of Alphawave Semi, said: “It is with great pride to be ranked first on the Technology Fast 50™ Enterprise–Industry list. Our dedication to innovation, the strategic acquisitions we have completed and technological excellence in the semiconductor industry are responsible for this achievement. With our focus on meeting the data demands of AI and continued technology leadership, we want to continue pushing boundaries and achieving even greater success in the future.”
“This year’s Enterprise–Industry Leaders winners represent a high level of excellence and success as members of Canada’s elite in the technology sector,” said Anders McKenzie, partner and national leader of Deloitte Canada’s Technology Fast 50™ program. “With their bold vision for the future, impactful technologies, competitive drive and passion for pushing boundaries, these winners catapult Canadian innovation – both nationally and globally. There is no doubt that their successes are a source of pride and inspiration for all technology entrepreneurs.”
About Deloitte’s Technology Fast 50™ program
Deloitte’s Technology Fast 50 program is Canada’s leading technology awards program. On its 26th anniversary, the program recognizes business growth, innovation and entrepreneurship in four distinct categories: Technology Fast 50 ranking, Enterprise–Industry Leaders, Clean Technology and Companies-to-Watch. The program also recognizes companies from the North American Technology Fast 500 ranking, identifying thriving technology companies in the United States and Canada. Sponsors of the 2023 program include Deloitte, RBCx, Osler, EDC, CCI, TMX, Clarity and Lafond. For more information access www.fast50.ca.
About Alphawave Semi
Alphawave Semi is the world leader in high-speed connectivity for the world’s technology infrastructure. In the face of exponential data growth, Alphawave Semi’s technology addresses a crucial need: enabling data to travel faster, more reliably and with greater performance with lower power consumption. We are a vertically integrated semiconductor company and our IP, custom silicon and connectivity products are deployed by top-tier international customers in data centers, computing, networking, AI, 5G, autonomous vehicles and storage. Founded in 2017 by an expert technical team with a proven track record in semiconductor IP licensing, our mission is to accelerate the critical data infrastructure at the heart of our digital world. To learn more about the Alphawave Semi, visit awavesemi.com.
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Source: BUSINESS WIRE
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