Navitas to acquire power management firm Claros

Gallium nitride (GaN) power IC and silicon carbide (SiC) technology firm Navitas Semiconductor Corp of Torrance, CA, USA has signed a definitive agreement to acquire power management solutions company Claros Inc of McLean, VA, USA — which is developing vertical power delivery (VPD) and integrated voltage regulator (IVR) technology for next-generation AI data centers — in a transaction valued at up to about $232.8m, based on the per-share closing price of Navitas’ stock on 21 August...