Cyient Expands Semiconductor Footprint with Major US Acquisition

Shares of Cyient Ltd. moved higher on the NSE after its wholly owned subsidiary Cyient Semiconductors inked a definitive agreement to acquire a majority stake (over 65%) in US-based Kinetic Technologies for about $93 million, marking a key strategic push into high-performance power and mixed-signal semiconductor markets. This acquisition is expected to strengthen Cyient’s position across fast-growing segments like edge AI, automotive, and industrial applications, while boosting investor confidence in its long-term tech growth prospects. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only .Investors must verify information before investing and consider their financial position and risk profile. please read full disclosure disclaimer in given link