Hyderabad: Kinetic Technologies announced the successful completion of an agreement under which Cyient Semiconductors has secured a majority stake in Kinetic Technologies for a total consideration of $85 million USD.
The development marks a significant milestone for Kinetic Technologies, aimed at accelerating research and product development while strengthening its global footprint in the power management and protection markets.
With this strategic investment, Kinetic Technologies is set to expand its capabilities in next-generation power management, high-performance analog, and mixed-signal technologies.
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The collaboration with Cyient Semiconductors will enable the company to scale engineering resources, broaden its patent portfolio, and accelerate the development of differentiated and high-performance application-specific standard product (ASSP) power solutions.
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By leveraging Cyient Semiconductors’ global reach, the company will also gain deeper access to India’s expanding semiconductor ecosystem, including engineering talent, OSAT and manufacturing partners, and enhanced design capabilities.
Further strengthening its strategic roadmap, Kinetic will continue to operate with its existing leadership team and engineering structure. This ensures continuity for customers and partners while enabling the company to benefit from Cyient Semiconductors’ global semiconductor platform and long-term strategic vision.
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Kin Shum, CEO of Kinetic Technologies, said: “Having Cyient Semiconductors as a strategic majority investor significantly strengthens our ability to scale globally. This partnership expands our engineering capacity and manufacturing in India, accelerates our R&D roadmap, along with enhancing our ability to address increasingly complex power challenges across high-growth end markets. Together, we are well-positioned to drive the next phase of intelligent power innovation.”
Suman Narayan, CEO of Cyient Semiconductors, added: “The completion of this majority stake investment accelerates our ambition to build a globally competitive semiconductor innovation engine from India. Kinetic Technologies’ proven leadership in power and protection ICs, combined with our custom silicon and ASSP expertise and access to world-class talent and manufacturing ecosystems, positions us to drive the next wave of intelligent power semiconductor solutions across critical markets.”
Through this partnership, Kinetic Technologies will gain expanded access to semiconductor talent, diversified manufacturing capabilities, and a broader global platform.
The collaboration reinforces the company’s long-term growth strategy while enabling the company to deliver advanced semiconductor solutions to customers worldwide.
