Kinetic Technologies Acquires Akros Silicon

Kinetic Technologies announced the acquisition of Akros Silicon. Terms of the asset transaction were not disclosed. The aquisition adds Power-over-Ethernet (PoE) and high-voltage isolation products and intellectual property to Kinetic's portfolio. This positions Kinetic in the PoE market which continues to grow as the specifications continue to evolve, enabling new and higher power applications for the future.

"We are excited to have the Akros team join Kinetic", said Kin Shum, CEO of Kinetic Technologies. "They have proven themselves by creating an impressive amount of intellectual property which has enabled a leading position in the PoE market and beyond. The acquisition is consistent with Kinetic's strategy of acquiring and developing leading edge technology which supports the company's system architecture expertise. We see the Akros products to be a perfect addition to Kinetic's broadening product portfolio."

Kinetic Technologies designs, develops and markets proprietary high-performance analog and mixed-signal power management semiconductors for consumer, computing, industrial and communication markets. The company's product offering consists of integrated circuits that transform, regulate, deliver and monitor the power consumed by analog and digital semiconductors and other electronic loads.

The company develops application-specific products to take care of the power management needs in devices such as mobile phones, smartphones, tablet computers, netbooks, GPS and MID, as well as serving a wide range of industrial, computing and communication product segments. Kinetic Technologies, a Cayman Corporation, has R&D centers in Silicon Valley and Asia, with operations and logistics based in Asia.