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Power Integrations, a provider of high-voltage integrated circuits for energy-efficient power conversion, has announced its agreement to acquire the assets of Odyssey Semiconductor Technologies, a developer of vertical gallium-nitride (GaN) transistor technology. The acquisition, expected to close in July 2024, will see all key Odyssey employees joining Power Integrations’ technology organization. This move supports the company’s development roadmap for its proprietary PowiGaN technology, which is featured in many of its product families. Dr. Radu Barsan, VP of technology at Power Integrations, expressed the company's goal to commercialize a cost-effective high-current and high-voltage GaN technology to support higher-power applications currently served by silicon carbide (SiC), at a much lower cost and higher performance. The acquisition is expected to accelerate these efforts.