Cyient Semiconductors, a leader in custom ASIC/ASSP and intelligent power solutions, has signed a definitive agreement to acquire a majority stake in Kinetic Technologies, a global leader in power management, high-performance analog and mixed-signal ICs for a total consideration of up to USD 93 Mn.
This acquisition is said to be a game-changer for Cyient Semiconductors’ ambition to establish India’s first ASIC-led custom power semiconductor powerhouse. Bringing together Cyient Semiconductors’ design leadership with Kinetic Technologies’ proven portfolio of high-performance analog and mixed-signal ICs – including power conversion solutions, display power, protection, and interface solutions – the company is positioned to take a strong leadership position in high-growth markets.
Powered by proprietary technologies and 100+ patents, Kinetic’s deep expertise in power and protection architectures will accelerate custom chip development, enabling Cyient Semiconductors to deliver differentiated, system-level solutions that drive superior performance, scalability, and cost efficiency for customers worldwide.
“Combining Kinetic’s power management and protection IC depth with Cyient Semiconductors’ custom ASIC engine materially strengthens our platform strategy catering to exploding AI demands,” said Suman Narayan, CEO of Cyient Semiconductors. “This will help shorten development cycles and scaling our ability to solve the toughest power, thermal, and reliability problems in high volume systems. The result is custom application-specific power management ICs for data centers, communications, medical electronics, and industrial IoT, delivering superior performance and total cost efficiency.”
Learn more: https://cyientsemi.com/
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