SQUAWK/NEWS
Account
Theme
Account
Menu
Live News MNA ARTICLE M impact

Navitas (NVTS) to Acquire Claros in Up to $232.8M Deal

Navitas signed a definitive agreement to acquire Claros for up to $232.8M, adding vertical power delivery and integrated voltage regulator technology for next-generation AI data centers.

NVTS

NVTS Navitas to Acquire Claros for Up to $232.8M ⠀ • Navitas signed a definitive agreement to acquire Claros, adding vertical power delivery and integrated voltage regulator technology for next-generation AI data centers. • The acquisition is expected to more than double Navitas' identified 2030 serviceable addressable market to over $8B, including at least $3.5B from VPD and IVR markets. • The deal includes ~$216M in cash and stock at closing plus milestone-based consideration and is expected to close before year-end 2026, subject to regulatory approvals.