Navitas to acquire Claros for up to $232.8 million

Navitas Semiconductor Corporation has signed a definitive agreement to acquire Claros, Inc., a power management solutions company, for up to $232.8 million. The transaction value is based on Navitas' closing share price of $12.97 on August 21, 2026. The deal includes $216 million in cash and shares of Navitas Class A common stock, with the remainder paid in stock upon achieving certain business milestones over two years following closure.

Claros specializes in vertical power delivery and integrated voltage regulator technology for AI data centers, and the acquisition will extend Navitas' AI infrastructure portfolio to include power delivery capabilities for processors used in AI systems.

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