Infrastructure Products
Navitas agrees to acquire data-center power startup Claros
Navitas Semiconductor has agreed to buy Claros, a McLean startup developing data-center power-management hardware and software, for about $232.8 million, according to a Washington, D.C. Business Journal report summarized by Techmeme. The summary says Claros raised a $30 million seed round in March. The source does not state a closing date or deal terms beyond the reported value.
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This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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