Cyient Subsidiary Acquires Kinetic Technologies for $93M, Targets AI Market Leadership

• Cyient Semiconductors Singapore Pte Ltd will acquire over 65% stake in US-based Kinetic Technologies.
• The acquisition is valued at $93 million (₹772 crore) and is expected to conclude by April 30, 2026.
• Kinetic Technologies, incorporated in 2006, specializes in analog and mixed-signal ICs for power delivery.
• The strategic move aims to drive leadership in custom power ICs for edge AI and high-performance computing markets.
• No governmental or regulatory approvals are required for this cash-based transaction.

Why It Matters: Cyient's $93M acquisition of Kinetic Technologies targets leadership in AI and high-performance computing power ICs.