Navitas Semiconductor Corporation (NVTS) has entered the spotlight with a major acquisition. On Monday, Aug. 24, the power chip innovator signed a definitive agreement to acquire Claros, which develops vertical power delivery (VPD) and integrated voltage regulator (IVR) technology for artificial intelligence (AI) data centers.
The acquisition, which values Claros at $232.8 million, strengthens Navitas' position by adding a missing link between power generation and the processor. The company already leads with next-generation GaNFast gallium nitride (GaN) and GeneSiC silicon carbide (SiC) power semiconductors, and Claros would deliver power directly to the chip, completing Navitas' "grid to xPU" portfolio for AI data center infrastructure.