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Astera Labs to acquire aiXscale Photonics, terms not disclosed

Astera Labs (ALAB) announced that it has entered into a definitive agreement to acquire aiXscale Photonics GmbH. The acquisition is expected to help enable Astera Labs to develop photonic scale-up solutions by combining aiXscale’s fiber-chip coupling technologies with Astera Labs’ connectivity and signal processing portfolio. The transaction is subject to customary closing conditions.

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