Cyient announced that its subsidiary, Cyient Semiconductors Singapore Pte. Ltd., will acquire a majority stake exceeding 65% in Kinetic Technologies through a definitive agreement. Kinetic, headquartered in the USA, specializes in power semiconductor technology with expertise in analog and mixed-signal design. The acquisition is expected to enhance Cyient’s capabilities in delivering high-performance ICs and expand its market presence. The purchase consideration is up to USD 93Mn and the acquisition is expected to close by April 30, 2026.
Strategic Acquisition Announced
Cyient has revealed plans for a significant expansion of its technological capabilities through the acquisition of a majority stake in Kinetic Technologies. On December 17, 2025, the board of directors approved the deal for Cyient Semiconductors Singapore Pte. Ltd., a wholly-owned subsidiary, to acquire over 65% of Kinetic Technologies.
About Kinetic Technologies
Kinetic Technologies, incorporated in 2006 and based in the USA, is a power semiconductor company focused on analog and mixed-signal design. They provide high-performance integrated circuits (ICs) for efficient power delivery and signal conditioning, catering to various global markets. In CY25E, Kinetic Technologies reported a revenue of USD 41 Mn.
Rationale Behind the Acquisition
The acquisition aims to strengthen Cyient’s custom power IC leadership, particularly in Edge AI and High-Performance Compute markets. The nature of the consideration is cash. The total purchase consideration to acquire majority stake is up to USD 93Mn. The indicative time period for completion of the acquisition is April 30, 2026. No governmental or regulatory approvals are required for the acquisition. The percentage of shareholding / control acquired is exceeding 65%.
Kinetic’s Financial Overview
Based on unaudited financials (tax basis):
- CY 23 – Revenue: USD 63 Mn
- CY 24 – Revenue: USD 37 Mn
- CY 25 E – Revenue: USD 41 Mn
Source: BSE