Cyient Semiconductors has completed the acquisition of a majority stake in Kinetic Technologies in a transaction worth USD 85 million, creating a combined platform for custom power semiconductor innovation from India for global markets. The transaction brings Kinetic Technologies under the strategic ownership of Cyient Semiconductors while the acquired company will continue to operate under its existing leadership and retain operational continuity. The deal adds immediate product scale, intellectual property depth and market credibility to Cyient Semiconductors and is intended to accelerate delivery of custom and application specific standard product solutions. Kinetic Technologies brings more than 100 silicon-proven intellectual properties and over 250 high-volume custom and ASSP products spanning power management, protection, display power and interface solutions. The combined platform is positioned to address a 44 bn global market opportunity in power and compute infrastructure and to scale engineering and manufacturing capabilities. By integrating spec-to-silicon engineering from Cyient Semiconductors with Kinetic Technologies' power management portfolio, the companies expect to expand design resources and enhance operational capabilities. The companies intend to leverage their combined customer footprint to attain immediate commercial scale in high-growth power semiconductor markets, serving data centres, robotics, automotive and industrial automation. Engineering and customer teams will remain in place while receiving increased investments in research and development and access to manufacturing ecosystems. The combined organisation will aim to deepen innovation across intelligent power, analog mixed-signal and advanced semiconductor platforms. The transaction is described as a long-term strategic partnership designed to build a scalable semiconductor platform anchored in India with international relevance and to reinforce India’s push under the India Semiconductor Mission to become a global hub for chip development and manufacturing. The companies noted that forward-looking statements in the announcement are subject to risks and uncertainties and that actual outcomes may differ.