Infineon Technologies, the German semiconductor maker based in Neubiberg, near Munich, is buying C2i Semiconductors, a four-year-old chip design company in Bengaluru, southern India. The deal adds a team that builds power-management chips for artificial intelligence data centers to Infineon’s existing power systems business.
C2i Semiconductors designs what the companies call software-defined power delivery systems: chips and controls that manage electricity as it moves from a data center’s grid connection down to the processors running inside it. Infineon said the acquisition strengthens its position in power solutions for AI data centers and adds to its research and development work in India.
[GUNJAN’S LINE: a line on Amritt’s own experience advising a foreign technology company through an India acquisition or a Bengaluru market-entry engagement, if one applies]
Adam White, president of Infineon’s Power Systems division, and Ram Anant, C2i Semiconductors’ founder and chief executive, both commented on the deal in the company’s announcement.
C2i Semiconductors was founded in Bengaluru in 2024 by a team the company describes as semiconductor industry veterans. It raised $15 million in a Series A funding round in February 2026, according to media reports.
Why this matters
For American technology companies, the deal is a sign that India’s chip-design talent pool is drawing acquisition interest from global semiconductor leaders, not just outsourced engineering contracts. Infineon employs 2,800 people in India, according to media reports, and folding a Bengaluru-based design team directly into its global product line is a step beyond a typical research center. For companies weighing whether to build, partner, or buy their way into India’s semiconductor ecosystem, Infineon’s move is a data point for the “buy” column.
