Tuesday, September 29, 2015

Kinetic Technologies Buys Akros Silicon

Sunnyvale-based Kinetic Technologies, a developer of analog and mixed-signal semiconductors, said Monday that it has acquired Akros Silicon. Financial details of the asset purchase were not announced. Akros Silicon was a supplier of energy management ICs, and in particular power-over-Internet chips. The company was venture backed by Technology Partners, US Venture Partners, Levensohn Venture Partners and SPM Capital.