Astera Labs relocating HQ to San Jose

The San Jose office market is still facing many challenges (Downtown San Jose just recently hit a 20 year vacancy high), so any news is good news. Astera Labs has just announced that they are moving to San Jose.

Astera focuses on providing purpose-built connectivity solutions for intelligent systems, primarily targeting AI and cloud infrastructure. They currently have around 400 employees around the world.

Their current headquarters is in Santa Clara at 2901 Tasman Drive. Their new headquarters will be at 2345, 2315, and 2343 North First Street in North San Jose. The new space will total 154,231 SQFT of office space, with an option to expand if needed.

The planned move is scheduled for the second quarter of this year.

Source: SVBJ