Announced
Completed
Financials
Tags
connectivity products
Semiconductors
Japan
Majority
Single Bidder
Completed
Friendly
Acquisition
Private
Synopsis
Kinetic Technologies, that designs, develops and markets proprietary high-performance analog power and protection semiconductors, completed the acquisition of smart connectivity division of MegaChips, a semiconductor company. Financial terms were not disclosed. “The addition furthers Kinetic’s strategy of developing and acquiring high-performance technology which relies on our system architecture expertise. We see the Smart Connectivity products as highly complementary to Kinetic’s portfolio with demand at our existing top-tier OEM customer base,” Kin Shum, Kinetic Technologies CEO.
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