Cyient Semiconductors Acquires Majority Stake in Kinetic Technologies to Drive Custom Power IC Leadership

Cyient Semiconductors 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. The combination establishes a scaled platform in the $40B+ power semiconductor market, accelerating Cyient Semiconductors’ growth trajectory across data centers, electrification, automotive, networking, industrial automation, and the fast-emerging edge AI compute segment. This acquisition is a game-changer for Cyient Semiconductors’ ambition to establish India’s first ASIC-led custom power semiconductor powerhouse. Kinetic Technologies’ 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. The acquisition is designed to leverage and amplify Kinetic Technologies’ engineering-driven culture and its trusted customer relationships. The current leadership team and engineering organization will continue to operate within its existing structure, with ongoing alignment to Cyient Semiconductors' strategic direction and board oversight.