Overview
- Cyient Semiconductors closed an $85 million majority investment in Kinetic Technologies on Wednesday, completing the deal the companies announced the same day.
- The acquisition adds more than 100 silicon-proven IP blocks and over 250 high-volume power and interface products to Cyient’s lineup.
- Kinetic will keep its leadership and engineering teams in place to maintain continuity for customers and partners.
- The partners plan to speed research and design in power management and analog mixed-signal chips for AI data centers, communications, industrial automation, edge AI, and automotive markets.
- Cyient targets an India-based innovation hub to pursue what the companies describe as a $44 billion market in power and compute infrastructure.