Navitas Semiconductor to acquire Claros in deal valued up to $232.8 million

Reuters2026/08/25 03:42

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Navitas agreed to buy power-management developer Claros in a deal valued up to USD 232.8 million.
Consideration includes USD 216 million at closing in cash and Navitas common stock, with additional stock tied to milestones.
Reference price for the stock component was USD 12.97, based on Navitas’ Aug. 21 close.
Deal targets vertical power delivery and integrated voltage regulator technology for AI data centers, extending Navitas’ grid-to-xPU portfolio.
Closing is expected before year-end, subject to customary conditions and regulatory clearances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Navitas Semiconductor Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608242342PRIMZONEFULLFEED9815448) on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Navitas Semiconductor to acquire Claros in deal valued up to $232.8 million

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