Cyient Acquires Majority Stake in Kinetic Tech

Cyient Semiconductors, a company that makes computer chips, has agreed to buy more than 65% of Kinetic Technologies, another chip company based in the United States.

The deal is worth $93 million, which is about Rs 838.6 crore.

Kinetic Technologies specializes in making parts that help manage power in electronic devices.

The leader of Cyient Semiconductors, Suman Narayan, said that this deal will help them make better and more affordable chips for their customers, especially in areas like data centers, automation, and AI.

The acquisition is expected to be completed by April 2026.

Kinetic Technologies was founded in 2006 and had revenues of $41 million in 2025.

Cyient's stock has been down 44% in the past year, but up slightly in the last month.