Valens Semiconductor

Valens Semiconductor was founded in 2006. The fabless semiconductor company is headquartered in Hod Hasharon, Israel. Valens went public on the NYSE under the ticker VLN in September 2021 following a merger with the SPAC PTK Acquisition Corp. Gideon Ben-Zvi serves as CEO, a role he assumed in 2020. The company employs roughly 300 people. In 2024, Valens acquired Acroname, a US-based provider of automation and control technologies, to expand its audio-video product lines.

Valens designs high-speed connectivity chips, operating specifically in two markets: Audio-Video (AV) and Automotive. The company is the creator of the HDBaseT technology, a standard that transmits uncompressed high-definition video, audio, Ethernet, USB, control signals, and power over a single standard LAN cable. In the automotive sector, Valens develops chipsets compliant with the MIPI A-PHY standard, which are integrated into Advanced Driver Assistance Systems (ADAS) and vehicle infotainment networks to handle high-bandwidth sensor data.

To establish its technology as an industry standard, Valens co-founded the HDBaseT Alliance in 2010 alongside LG Electronics, Samsung Electronics, and Sony Pictures Entertainment. The technology is utilized by AV equipment manufacturers globally for corporate, education, and industrial settings. In the automotive domain, the company targets Tier 1 suppliers and OEMs transitioning to standardized connectivity formats for vehicle architecture.

The company's primary operations and core R&D are centralized at its Hod Hasharon headquarters. The local team focuses on hardware engineering, VLSI design, and chip architecture. In early 2024, Valens initiated a restructuring plan that included laying off approximately 15% of its global workforce, amounting to roughly 40 employees, the majority of whom were based in the Israeli R&D center.