ELP advises NXP USA Inc on $307 million acquisition of Kinara AI

NXP USA Inc. has acquired Kinara AI Private Limited as a part of its global acquisition of Kinara Inc., for an all cash transaction valued at $307 million.

Economic Laws Practice (ELP) advised NXP USA Inc. on this transaction. The Firm provided comprehensive legal support to NXP, including due diligence, negotiation of transaction documents, and advice on pre- and post-closing compliance under Indian law.

The transaction team was led by Rahul Charkha (Partner), Vinay Butani (Partner) and Arpita Choudhary (Principal Associate) with support from Associates Aditi Banthia and Anand Makhija. 

Nishant Shah (Partner) and Yashojit Mitra (Partner) provided guidance on the overall transaction.

NXP USA Inc. a global leader in automotive and industrial semiconductors.

Kinara is a pioneer in AI-driven, energy-efficient neural processing units (NPUs), and the acquisition reinforces NXP’s strategy to enhance its AI-enabled, power-efficient semiconductor capabilities.

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