Press Release
Press Release
Press Contacts: Erik Cummins, Matt Hyams, Taina Rosa, Olivia Meyer
04.14.26
Pillsbury advised Kinetic Technologies on the closing of an agreement under which Cyient Semiconductors acquired a majority stake in Kinetic.
Kinetic Technologies designs, develops and markets proprietary high-performance analog and mixed-signal semiconductors across consumer, computer, communications, industrial, automotive and enterprise markets. Along with designing power products to protect, regulate and monitor power consumption, Kinetic also produces products that switch, transform and protect high resolution audio, video and data signals. Applications include smartphones, tablets, notebooks and accessories, as well as serving a wide range of industrial, automotive and enterprise solutions. Kinetic Technologies has research and development centers in Silicon Valley and Asia, with operations and logistics based in Asia and Europe.
Cyient Semiconductors is a Hyderabad-headquartered provider of custom application-specific integrated circuits (ASIC) and application-specific standard products (ASSP) solutions, with a focus on analog mixed-signal, intelligent power and advanced semiconductor platforms. With design centers in India, Belgium and the U.S., Cyient Semiconductors enables global customers in data centers, robotics, automotive and industrial automation to achieve higher efficiency and faster time-to-market.
To learn more about the transaction, click here.
The Pillsbury deal team was led by Corporate partners Jim Masetti and Drew Simon-Rooke and included partner Jenny (Jia) Sheng, counsel Brandon Eckford and associate Tess Beimler; Executive Compensation & Benefits partner Laura McDaniels; Tax partner Brett Willis and Intellectual Property special counsel Paul Thomas.