Cyient Acquisition Worth ₹790.5 Cr
Cyient Semiconductors has completed a ₹790.50 Crore ($85M) majority investment in Kinetic Technologies, a global power semiconductor firm. The acquisition adds over 100 silicon-proven IPs and immediate product scale to Cyient's semiconductor platform. This move aligns with India's Semiconductor Mission, positioning the company to address a $44 billion global market opportunity in power and compute infrastructure.
- Value
- ₹790.5 Cr