Cyient Semiconductors acquires 74 pc stake in Kinetic Technologies for $85 mn

Cyient Semiconductors has acquired a 74% stake in US-based Kinetic Technologies for $85 million. This strategic move integrates Cyient's engineering prowess with Kinetic's power management and protection IC expertise. The combined entity aims to become a global leader in semiconductor innovation, leveraging Kinetic's established customer base and Cyient's talent pool to drive intelligent power solutions.

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