Navitas Semiconductor Corp. has announced its agreement to acquire power management technology firm Claros for approximately $233 million. The acquisition aims to enhance Navitas' capabilities in the AI data center market, doubling its addressable market to over $8 billion by 2030. The deal, which includes $216 million in cash and stock at closing, is expected to close by the year-end, subject to standard conditions.
Company Information
Company
Navitas Semiconductor
Location
3520 Challenger St.
Torrance, California, United States
About
Navitas Semiconductor Corp. is a leading provider of power management solutions, specializing in GaN and SiC technologies. The company focuses on enhancing the efficiency of power systems in various applications, including AI and data centers. Founded in 2020, it has quickly established itself as a key player in the semiconductor industry. Navitas aims to capitalize on the growing demand for high-performance chips.
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70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
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Frequently asked
Who acquired Claros?
Claros was acquired by Navitas Semiconductor, based in Torrance. The deal was reported on August 25, 2026. Navitas Semiconductor Corp. is a leading provider of power management solutions, specializing in GaN and SiC technologies. Navitas Semiconductor is privately held and operates in Manufacturing.
When did Navitas Semiconductor acquire Claros?
Navitas Semiconductor's acquisition of Claros was reported on August 25, 2026. Navitas Semiconductor Corp. has announced its agreement to acquire power management technology firm Claros for approximately $233 million. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Claros do?
Claros is a power management solutions company that’s leveraging innovative technology to minimize energy waste in data centers. It is privately held, operating in Energy.
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