XMax to Acquire Hexa Creation, Developer of 1200V Vertical GaN Power Semiconductor Technology
XMax Inc. (NASDAQ: XMAX) will acquire Hexa Creation, a developer of 1200V vertical GaN power semiconductor technology. The deal aims to extend XMax's AI strategy into power infrastructure for high-voltage applications. Hexa Creation's tech is licensed from a major U.S. university. The global GaN power device market is projected to grow to $3.0B by 2030, per Yole Group.
