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

NVTS•2026-08-25

Navitas to buy Claros for up to $232.8 million

Navitas Semiconductor agreed to buy power-management developer Claros in a deal valued at up to $232.8 million.

Consideration includes $216 million at closing in cash and Navitas common stock, with additional stock tied to milestones. The reference price for the stock component was $12.97, based on Navitas’ Aug. 21 close.

The 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.

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

Navitas to buy Claros for up to $232.8 million

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