Cyient Semiconductors has signed a definitive agreement to acquire a majority stake in Kinetic Technologies, a fabless semiconductor company specialising in power management, high-performance analog and mixed-signal integrated circuits. The transaction, announced on 17 December 2025, involves a total consideration of up to USD 93 million and is aimed at expanding Cyient Semiconductors’ presence in custom power integrated circuits for emerging compute-intensive applications.
The acquisition is intended to create a scaled platform in the global power semiconductor market, which the company estimates at over USD 40 billion. The combined entity is expected to address demand across multiple end markets, including data centres, electrification, automotive, networking, industrial automation and edge artificial intelligence compute applications.
Cyient Semiconductors plans to combine its custom application-specific integrated circuit (ASIC) and application-specific standard product (ASSP) design capabilities with Kinetic Technologies’ portfolio of power conversion, display power, protection and interface solutions. Kinetic Technologies holds more than 100 patents in power and protection architectures, which Cyient Semiconductors said would support accelerated development of custom power management integrated circuits for high-volume systems.
Cyient Semiconductors will provide strategic direction and board-level oversight, with the stated objective of maintaining continuity for customers, partners and employees.
Suman Narayan, Chief Executive Officer of Cyient Semiconductors, said the transaction strengthens the company’s platform strategy for addressing power, thermal and reliability challenges in advanced computing systems. He noted that the integration is expected to reduce development cycles and improve scalability for application-specific power management solutions used in data centres, communications, medical electronics and industrial internet-of-things systems.
Kin Shum, Chief Executive Officer of Kinetic Technologies, said the partnership would provide access to semiconductor market opportunities and talent availability in India, while supporting the company’s future growth plans. He added that the transaction aligns Kinetic Technologies with a strategic partner focused on long-term expansion in the semiconductor sector.
