Cyient Semiconductor Acquires Majority Stake in Kinetic Technologies for $85M

Cyient Semiconductors, a provider of custom ASIC/ASSP solutions, has successfully closed a majority-stake investment of $85 million in Kinetic Technologies, a global power semiconductor solutions provider. This investment adds product scale, IP depth, and market credibility to Cyient Semiconductors, and marks a significant step in its ambition to establish a scaled semiconductor platform anchored in India. The combined platform will strengthen Kinetic Technologies' ability to support global customers with broader design resources and enhanced operational capabilities, while giving Cyient Semiconductors access to Kinetic’s established customer footprint. The transaction solidifies a long-term partnership aimed at building a modern, scalable semiconductor platform with international relevance and India-driven operational strength.