Cyient Semiconductors has signed a definitive agreement to acquire a majority stake (over 65%) in San Jose–headquartered Kinetic Technologies for a total consideration of up to 93 million dollars. The deal creates a scaled platform in the 40 billion dollar-plus power semiconductor market and is positioned as a transformational step in Cyient Semiconductors’ ambition to build India’s first ASIC-led custom power semiconductor powerhouse.
Kinetic, founded in 2006, is a fabless provider of power management, high-performance analog and mixed-signal ICs used across mobile, data centre, industrial, automotive and communications markets. By bringing Kinetic’s portfolio—which spans power conversion, display power, protection and interface solutions—under the Cyient Semiconductors umbrella, the combined entity aims to address the toughest power, thermal and reliability challenges in high-volume systems.
Powering Edge AI, Data Centres and Electrification
The strategic focus is squarely on high-growth segments: data centres, electrification, automotive, networking, industrial automation and edge AI compute. Proprietary technologies and more than 100 patents from Kinetic give Cyient Semiconductors a deeper bench in power and protection architectures, enabling it to offer application-specific power management ICs optimised for AI accelerators, high-bandwidth memory, communications gear, medical electronics and industrial IoT.
According to CEO Suman Narayan, integrating Kinetic’s power management depth with Cyient’s custom ASIC engine will help shorten development cycles and deliver differentiated, system-level solutions with superior performance and total cost efficiency. In practical terms, that means co-designing compute and power silicon to meet aggressive energy efficiency, footprint and thermal budgets in next-generation AI and HPC platforms.
Preserving Kinetic’s DNA While Scaling From India
The deal structure is designed to leverage Kinetic’s existing strengths rather than replace them. The current leadership team and engineering organisation will continue to operate within their existing structure, while aligning to Cyient Semiconductors’ strategic roadmap under board oversight. That continuity is intended to reassure Kinetic’s global customer base, which spans Tier-1 OEMs and infrastructure vendors, that roadmaps and support will remain stable as the company scales.
At the same time, Kinetic gains access to India’s fast-expanding semiconductor talent pool and Cyient’s broader customer relationships. Kinetic CEO Kin Shum points to India as being at a similar inflection point in semiconductors to what other Asian markets experienced 10–15 years ago, and sees the partnership as a way to participate in that growth. The transaction remains subject to customary closing conditions and is expected to complete in the coming months.
