Cyient Semiconductors to acquire majority stake in U.S. firm Kinetic Tech for $93 million
The objective behind acquiring the stake in Kinetic, which was incorporated in 2006 and estimated to close 2025 with $41 million in revenue, is to drive custom power IC leadership for Edge AI and high-performance compute markets.
The objective behind acquiring the stake in Kinetic, which was incorporated in 2006 and estimated to close 2025 with $41 million in revenue, is to drive custom power IC leadership for Edge AI and high-performance compute markets.
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