Kaynes Technology India’s wholly owned subsidiary -- Kaynes Semicon has entered into an Asset Purchase Agreement (APA) with Fujitsu General Electronics (Fujitsu Electronics), Iwate, Japan for the acquisition of the identified assets on June 09, 2025.
The purpose of the APA is to purchase the Production Lines for Power Modules and the Identified Assets (as defined in the APA) from Fujitsu Electronics. The purchase of assets owned by the Fujitsu Electronics for an amount of JPY 1.59 billion.
Kaynes Technology India is an end-to-end and IoT solutions enabled integrated electronics manufacturing player, having capabilities across the entire spectrum of electronics system design and manufacturing (ESDM) services.
