Cyient Semiconductors has acquired a majority stake in Kinetic Technologies, a global leader in power management, for up to USD 93 Mn. This acquisition establishes a strong platform in the $40B+ power semiconductor market, accelerating Cyient’s growth in data centers, electrification, automotive, and edge AI compute. The deal aims to leverage Kinetic’s expertise and proprietary technologies to enhance Cyient’s custom chip development capabilities.
Strategic Acquisition
Cyient Semiconductors has entered into a definitive agreement to acquire a majority stake in Kinetic Technologies. The announcement was made on December 17, 2025. Kinetic Technologies is recognized as a global leader in power management and high-performance analog and mixed-signal ICs. The consideration for this strategic acquisition is up to USD 93 Mn.
Deal Rationale
The combination of Cyient Semiconductors and Kinetic Technologies establishes a scaled platform in the $40B+ power semiconductor market. This move aims to accelerate Cyient Semiconductors’ growth across various sectors, including data centers, electrification, automotive, networking, industrial automation, and the fast-emerging edge AI compute segment. The acquisition aligns with Cyient’s ambition to become India’s first ASIC-led custom power semiconductor powerhouse.
Synergies and Future Plans
By integrating Kinetic Technologies’ expertise in power and protection architectures, Cyient Semiconductors aims to enhance its custom chip development capabilities. The acquisition will enable Cyient Semiconductors to deliver differentiated, system-level solutions that drive superior performance, scalability, and cost efficiency for customers worldwide.
The current leadership team and engineering organization of Kinetic Technologies will continue to operate within its existing structure, ensuring continuity for customers, partners, and employees. The transaction is subject to customary closing conditions, with closing expected in the coming months.
Executive Commentary
Suman Narayan, CEO of Cyient Semiconductors, stated that combining Kinetic’s power management and protection IC depth with Cyient Semiconductors’ custom ASIC engine strengthens their platform strategy for exploding AI demands. Kin Shum, CEO, Kinetic Technologies, added that they can greatly benefit from the semiconductor market opportunities, talent availability in India, and having a strategic partner like Cyient Semiconductors.
Source: BSE