Hyderabad-based Cyient Semiconductors has signed a definitive deal to acquire a majority stake in San Jose-headquartered Kinetic Technologies for up to USD 93 million. The move positions Cyient as a key player in the USD 40 billion power semiconductor market, fueling innovations in edge AI, automotive, and data center applications.
In a strategic leap toward becoming India’s premier custom power semiconductor leader, Cyient Semiconductors announced its acquisition of a majority stake in Kinetic Technologies, a global player in high-performance analog and mixed-signal ICs.
The USD 93 million transaction is expected to close in the coming months, establishing a powerful platform in the rapidly expanding USD 40+ billion power semiconductor market.
The merger combines Cyient’s ASIC design capabilities with Kinetic’s 100+ patented power and protection solutions, unlocking faster development cycles and scalable chip architectures for next-generation computing and electrification systems.
Cyient CEO Suman Narayan called the acquisition a “game-changer” for serving high-performance computing needs, while Kin Shum, CEO of Kinetic Technologies, emphasized the growth potential driven by India’s evolving semiconductor ecosystem.
Major Takeaways
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Deal size: Up to USD 93 million for majority control
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Strategic focus: Custom power management ICs for edge AI, data centers, automotive, and industrial IoT
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Global reach: Integration of design centers across India, the U.S., and Belgium
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Synergy impact: Enhanced capacity to shorten chip development cycles and deliver cost-efficient, scalable solutions
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Leadership continuity: Kinetic’s existing team to retain operational independence under Cyient’s strategic oversight
Source: NSE Corporate Filings, BSE Announcements, Cyient Semiconductors Press Release, December 17, 2025