Cyient acquires Kinetic Technologies for ₹840 crore
after close1 source ↓written by the desknot a recommendation
- $93 million
- ₹840 crore
- global power semiconductor
- $40 billion
- and aims
- 65% stake
Cyient Ltd. has acquired US-based Kinetic Technologies for ₹840 crore ($93 million), enhancing its presence in the $40 billion global power semiconductor market. This acquisition, through Cyient Semiconductors Ltd., secures a 65% stake and aims to accelerate growth in sectors like automotive and edge AI computing. The deal is expected to close by April 2026.
Not investment advice. For informational purposes only.