Acquisitions17 Dec 2025, 08:01 pm
Cyient Ltd. to Acquire Majority Stake in Kinetic Technologies for Up to USD 93Mn
AI Summary
Cyient Ltd. has announced that its Board of Directors has approved the acquisition of a majority stake exceeding 65% in Kinetic Technologies through its wholly owned subsidiary, Cyient Semiconductors Singapore Pte. Ltd. Kinetic Technologies, incorporated in 2006 and headquartered in the USA, is a power semiconductor company with deep expertise in analog and mixed-signal design. The purchase consideration for acquiring the majority stake is up to USD 93Mn. The acquisition is expected to be completed by April 30, 2026.
Key Highlights
- Cyient Ltd. to acquire majority stake in Kinetic Technologies
- Acquisition through wholly owned subsidiary, Cyient Semiconductors Singapore Pte. Ltd.
- Kinetic Technologies is a power semiconductor company with deep expertise in analog and mixed-signal design
- Purchase consideration for acquiring majority stake up to USD 93Mn
- Expected completion date of acquisition: April 30, 2026