With this move, Cyient is establishing a scaled presence in the $40 billion global power semiconductor market
Cyient Ltd. has announced the acquisition of US-based power semiconductor firm Kinetic Technologies for $93 million (around ₹840 crore), marking a significant step in strengthening its semiconductor ambitions.
The acquisition will be carried out through Cyient Semiconductors Ltd., the company’s wholly owned subsidiary, which has signed a definitive agreement to acquire a majority stake of more than 65% in Kinetic. The transaction is expected to be completed by April 2026.
With this move, Cyient is establishing a scaled presence in the $40 billion global power semiconductor market and accelerating its growth across key sectors such as data centres, electrification, automotive, networking, industrial automation, and the fast-emerging edge AI computing segment.
Commenting on the acquisition, Cyient Semiconductors CEO Suman Narayan said the deal would help shorten development cycles and strengthen the company’s ability to address complex power, thermal, and reliability challenges in high-volume systems. He added that this would enable the development of custom application-specific power management ICs for data centres, communications, medical electronics, and industrial IoT applications, offering better performance and cost efficiency.
Founded in 2006 and headquartered in San Jose, California, Kinetic Technologies specialises in analog and mixed-signal semiconductor design. The company develops high-performance integrated circuits for power delivery and signal conditioning across global markets. Kinetic is estimated to generate revenue of $41 million in calendar year 2025.
Cyient said Kinetic’s portfolio, backed by proprietary technologies and more than 100 patents, will strengthen its ability to develop custom chips and deliver differentiated system-level semiconductor solutions to customers worldwide.
The company also stated that Kinetic’s current leadership team and engineering organisation will continue to operate within the existing structure, while aligning with Cyient Semiconductors’ strategic direction and board oversight. This is expected to ensure continuity for customers, partners, and employees.
Hyderabad-based Cyient entered the semiconductor business last year and has already secured key deals in AI chip design for data centre and automotive applications.
Ahead of the announcement, Cyient shares closed 1.2% lower at ₹1,138.8 on the NSE, compared with a 0.16% decline in the benchmark Nifty 50. The stock has fallen 37% so far this year.
