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Cyient Ltd’s semiconductor arm has announced the acquisition of a majority stake (over 65%) in US-based Kinetic Technologies for up to $93 million. This transaction is expected to be completed by April 2026, subject to standard closing conditions. Kinetic Technologies, established in 2006, is a global leader in high-performance analog and mixed-signal ICs, specializing in power management, protection, and interface solutions for markets including edge AI, data centers, and industrial automation.
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The acquisition is designed to accelerate Cyient Semiconductors’ growth in the $40 billion power semiconductor market. By integrating Kinetic’s technology portfolio and engineering talent with Cyient’s custom ASIC platform, the combined entity aims to deliver tailored power management solutions for next-generation computing and AI applications. Kinetic’s leadership and engineering teams will continue operating within their existing structure, ensuring continuity for customers and partners.
Key Highlights
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Cyient Semiconductors acquires over 65% stake in Kinetic Technologies for $93 million
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Deal set to close by April 2026, subject to regulatory and closing conditions
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Target is to establish India’s first ASIC-led custom power semiconductor powerhouse
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Kinetic Technologies specializes in high-performance analog and mixed-signal ICs for edge AI and high-performance compute
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The acquisition strengthens Cyient’s product strategy and execution in global semiconductor markets
Source: NSE/BSE Corporate Announcements, Times of India, Financial Express, TechCircle, CNBC TV18
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