Kinetic Technologies Announces Acquisition of Akros Silicon

SUNNYVALE, CA -- Kinetic Technologies announces the acquisition of Akros Silicon, a supplier of intelligent energy management ICs, which integrate high-voltage digital isolation and discrete components into a single device. Terms of the asset transaction were not disclosed.

The Power-over-Ethernet market continues to grow and 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."

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