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Navitas Semiconductor signed a definitive agreement to acquire Claros, a power management solutions company, for up to approximately $232.8 million. The acquisition aims to extend Navitas' AI infrastructure portfolio from grid to xPU.
“The proposed acquisition is expected to provide the last step in power delivery to the core to complete Navitas’ grid-to-xPU high-power portfolio, accelerating its AI infrastructure strategy under Navitas 2.0 transformation”markets.financialcontent.com
Summarized from public sources; check the original articles before acting on it.