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Can NVTS' Acquisition of Claros Accelerate Its AI Growth Strategy?

Source: zacks.com

M&A & RestructuringArtificial IntelligenceTechnology & InnovationCompany Fundamentals
Can NVTS' Acquisition of Claros Accelerate Its AI Growth Strategy?

Navitas Semiconductor acquired Claros, adding IVR technology to its grid-to-xPU power portfolio. The article says the acquisition supports Navitas's AI infrastructure strategy but provides no deal value or other financial terms.

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