Navitas Semiconductor closed its previously announced acquisition of Claros, Inc., a developer of integrated voltage regulator (IVR) technology for next-generation AI data centers. The transaction extends Navitas' AI infrastructure portfolio from the grid to the xPU, adding IVR capabilities that enable vertical and embedded power delivery architectures. This move is part of the company's 'Navitas 2.0' transformation strategy aimed at breaking the AI infrastructure power wall by addressing efficiency and density bottlenecks in megawatt-scale server racks. Navitas expects the acquisition to more than double its identified 2030 serviceable addressable market (SAM) to over $8 billion, adding at least $3.5 billion from VPD and IVR markets. The company operates in the power semiconductor industry, providing GaN, SiC, and IVR technologies for AI infrastructure and other high-performance computing applications.
