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Reported Earlier, Navitas Signs Definitive Agreement To Acquire Claros For Up To $232.8M In Cash And Stock, Doubling Its 2030 Serviceable Addressable Market To Over $8B

Aug 25, 2026, 7:13 AMBenzinga Newsdesk

Enabling of all steps of power conversion to be addressed from ultra-high voltage grid down to core/xPUDoubling of Navitas’ 2030 serviceable addressable market (SAM) to over $8 billionExpansion of IP, engineering and

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benzinga
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Aug 25, 2026, 7:13 AM
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Aug 25, 2026, 7:13 AM
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  1. Aug 26, 2026, 12:16 AMJoe Tenebruso

    Why Navitas Semiconductor Stock Is Up Today

    Navitas Semiconductor announced its acquisition of Claros, a provider of energy management solutions for AI data centers, for up to $232.8 million. The deal is expected to more than double Navitas' addressable market to over $8 billion. Claros' technology enables compact power delivery systems that reduce response times, heat production, and operating costs for AI data centers by placing power solutions closer to chips.

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