Navitas Semiconductor has agreed to acquire Claros Inc. for up to approximately $232.8 million, in a move aimed at addressing power delivery bottlenecks in next-generation AI data centres.
The deal will bring Claros’ vertical power delivery (VPD) and integrated voltage regulator (IVR) technologies into Navitas’ portfolio. The transaction value is based on Navitas’ closing stock price on August 21, 2026.
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Navitas Acquisition Targets AI Data Centre Power Bottleneck
Navitas noted that advanced AI processors, including GPUs, CPUs, TPUs and NPUs, face a power delivery constraint that it calls the “power wall”.
Traditional voltage regulator modules move power laterally across circuit boards. According to Navitas, this approach is increasingly challenged by AI systems that require thousands of amps and very fast responses.
Claros’ VPD and IVR technologies place power conversion, drive, control and passive components directly beneath or inside the chip package or printed circuit board. This shortens the distance power has to travel to just millimetres.
The company said that the approach can deliver faster response, lower electrical resistance and greater efficiency at sub-volt levels, while supporting the power density required for next-generation AI compute.
“Power constraints were limiting the performance of next-generation xPUs in megawatt-scale server racks,” said Chris Allexandre, President and CEO, Navitas.
He added that combining Claros’ technology with Navitas’ gallium nitride (GaN) and high-voltage and ultra-high-voltage silicon carbide (SiC) portfolio would extend the power chain from the grid to the xPU.
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Deal to Expand Navitas’ AI Infrastructure Market
The acquisition will complement Navitas’ existing GaN and SiC technologies and support its 800V high-voltage direct current (HVDC) architecture.
Navitas expects the deal to more than double its identified 2030 addressable market to more than $8 billion. At least $3.5 billion of that increase is expected to come from VPD and IVR markets.
The company also expects the acquisition to deepen its engagement with hyperscalers and AI power platform providers.
Claros co-founder and CEO Dan Kultran said bringing power conversion closer to the xPU can reduce board-level distribution losses and heat generation while improving processor-level power efficiency. He said the approach could support higher compute density and lower operating costs.
Navitas expects the acquisition to provide an additional growth accelerator from 2028/2029 onwards.
The deal puts power delivery closer to the chip at the centre of Navitas’ AI infrastructure strategy, as next-generation processors demand greater power density and faster delivery.
Samarjit Kaur is a journalist and communications professional covering technology & emerging digital trends. With a focus on clarity and context, she reports on developments shaping industries and governance. When not reporting, she chooses to plug-in and relax on her playlists and plan her next bucket-list trips!
