Cyient Semiconductors has acquired a stake of over 65 per cent in the United States-based semiconductor company Kintetic Technologies for $93 million, or Rs 838.6 crore. In an exchange, Cyient stated that the acquisition is aimed at accelerating the company’s growth trajectory across the data centre, automation, and AI compute segments.
Cyient Semiconductors stated that the acquisition is crucial for the company’s plan to set up a custom power semiconductor powerhouse. The company added that Kinetic Tech’s current leadership team and engineering organisation will continue to operate within its existing structure, with ongoing alignment to Cyient Semiconductors’ board oversight.
“Combining Kinetic’s power management and protection IC depth with Cyient Semiconductors’ custom ASIC engine materially strengthens our platform strategy catering to exploding AI demands”, said Suman Narayan, CEO of Cyient Semiconductors.
The acquisition is expected to be completed by April 2026.
Kinetic Technologies’ business
In the exchange disclosure, Cyient stated that Kinetic Technologies was incorporated in 2006. The company is a power semiconductor company with expertise in analogue and mixed-signal design, delivering ICs for efficient power delivery and signal conditioning across global markets.
Kinetic Technologies clocked an estimated revenue of $41 million in calendar year 2025, the disclosure showed. In calendar years 2024 and 2023, Kinetic Technologies’ revenue was $37 million and $63 million, respectively.
Cyient share price
Cyient’s stock opened at Rs 1,145 on Thursday and was trading 0.27 per cent lower in the intra-day trade at 02:13 PM. In the last one month period, the stock has gained 0.68 per cent, however, in past one year, the company’s share price has declined by 44 per cent.
