Navitas Semiconductor to acquire Claros for up to $232.8M
Navitas Semiconductor announced it will acquire AI power-management firm Claros for up to $232.8 million, expanding its AI data center power portfolio. Navitas expects the deal to more than double its identified 2030 addressable market to $8 billion+, and its stock rose 6.5% premarket on the news.
Detected & updated continuously · Source: Nebula
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@MSBIntel
BREAKING: Navitas Semiconductor to acquire Claros in $232.8 million transaction, expanding AI infrastructure capabilities.
@schaeffers
$NVTS +6.5% before the bell as Navitas doubles down on AI infrastructure. The company is acquiring Claros for up to $232.8M, adding vertical power delivery technology designed for next-gen AI data centers. Navitas: Deal could more than double its 2030 SAM to $8B+.
@morecryptoDE
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@schaeffers
$NVTS +6.5% higher premarket on a major expansion of its AI infrastructure ambitions. Navitas will acquire Claros for up to $232.8M, adding power-delivery technology for AI processors and more than DOUBLING its identified 2030 addressable market to $8B+.
@Crypto_Briefing
💥 NEW: Navitas Semiconductor plans to acquire Claros for up to $232.8 million, expanding its AI data center power portfolio. https://t.co/b8tUZVWiEu
@DudeWhoInvests
Navitas $NVTS is acquiring Claros for around $233M dollars pushing them deeper into the AI power processing stack… Navitas works with Nvidia $NVDA on megawatt-scale AI racks. With this acquisition their TAM is being doubled in the near future to $8B by 2030. https://t.co/AxlkvpNN5E
@schaeffers
Navitas Semiconductor $NVTS +6.5% premarket after agreeing to acquire AI power-management firm Claros for up to $232.8M. The big number? Navitas expects the deal to more than DOUBLE its identified 2030 addressable market to $8B+! https://t.co/FsoEHC1wdd