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New GeneSiC and VDD Tech acquisitions position Navitas to address a $20B+/year gallium nitride (GaN) and silicon carbide (SiC) opportunity, replacing legacy silicon chips Navitas Pure-Play, Next-Gen Semi Growth Highlighted at Deutsche Bank 2022 Technology Conference New GeneSiC and VDD Tech acquisitions position Navitas to address a $20B+/year gallium nitride (GaN) and silicon carbide (SiC) opportunity, replacing legacy silicon chips. EL SEGUNDO, Calif., Aug. 29, 2022 (GLOBE NEWSWIRE) -- Navitas
NEW YORK, April 13, 2022 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced that funds managed by Apollo affiliates (the “Apollo Funds”) have completed the acquisition of a majority stake in Novolex Holdings LLC (“Novolex” or the “Company”), a leading global manufacturer of diverse and sustainable packaging products for the foodservice, delivery and carryout, food processor and industrial markets, from funds managed by Carlyle (NASDAQ: CG). Carlyle will retain a minority stake in the Company