This Semiconductor Company Completes Rs 782 Crore Acquisition of 74% Stake in Kinetic Technologies

On Wednesday, Indian markets opened on a strong note, with the Nifty 50 surging 3.70 per cent to trade at 23,980.00 as of 10:30 AM, supported by improved global sentiment following a temporary two-week ceasefire between the USA and Iran.

Amid this, Cyient's share price was trading at Rs 845.80, up 1.62 per cent from the previous close of Rs 832, following the company’s announcement of completing a USD 85 million (approximately Rs 782 crore) majority stake acquisition in Kinetic Technologies.

Cyient Completes Rs 782 crore Acquisition of 74 per cent Stake in Kinetic Technologies

Cyient Semiconductors has completed its Rs 782 crore (USD 85 million) investment to acquire a 74 per cent majority stake in Kinetic Technologies through its wholly owned subsidiary, Cyient Semiconductors Singapore Pte. Ltd., as per its regulatory filing.

Kinetic Technologies, a global power semiconductor solutions provider, adds immediate scale to Cyient’s semiconductor platform, bringing over 100 silicon-proven IPs and more than 250 high-volume custom and Application-Specific Standard Products (ASSPs) across power management, protection, display power, and interface solutions. The acquisition strengthens Cyient’s intellectual property portfolio, enhances its market credibility, and provides access to an established global customer base.

The transaction aligns with Cyient’s strategy to build a differentiated semiconductor platform focused on custom silicon and ASSP-led solutions, targeting a global market opportunity of approximately USD 44 billion. By combining Cyient’s engineering capabilities with Kinetic’s product portfolio, the company aims to strengthen its design capabilities, operational scale, and presence in high-growth power semiconductor segments.

Kinetic Technologies will continue to operate under its existing leadership, with strategic oversight from Cyient Semiconductors, while benefiting from enhanced R&D investments and a broader global footprint.

Cyient Management Commentary

Suman Narayan, CEO of Cyient Semiconductors, said: “The completion of this majority stake investment accelerates our ambition to build a globally competitive semiconductor innovation engine from India. Kinetic Technologies’ proven leadership in power and protection ICs, combined with our custom silicon and ASSP expertise and access to world-class talent and manufacturing ecosystems, positions us to drive the next wave of intelligent power semiconductor solutions across critical markets.”

Kin Shum, CEO of Kinetic Technologies, added: “Having Cyient Semiconductors as a strategic majority investor significantly strengthens our ability to scale globally. This partnership expands our engineering capacity and manufacturing in India, accelerates our R&D roadmap, and enhances our ability to address increasingly complex power challenges across high-growth end markets. Together, we are well-positioned to drive the next phase of intelligent power innovation.”

About Cyient

Cyient Limited is a global technology solutions company focused on delivering intelligent engineering services across products, plants, and networks. The company operates across 30 countries with 48 delivery centres, serving a diverse set of industries through its engineering and digital capabilities.

For FY25, the Group reported revenue of Rs 7,360 crore. Cyient operates through its key business segments, including Cyient DET (Design, Engineering, and Technology) and Cyient DLM (Design-Led Manufacturing).

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Disclaimer: The article is for informational purposes only and not investment advice.