Empower Semiconductor

Milpitas, California, United States Semiconductors & Electronics Acquired

Empower Semiconductor, a wholly owned subsidiary of Analog Devices since July 2026, develops integrated voltage regulators (IVRs) and power management solutions for AI compute and high-performance computing. Its proprietary FinFast™ technology delivers ultrafast transient response, high power density and vertical power delivery for AI and HPC processors. The Crescendo vertical power delivery platform provides scalable on-demand power for applications requiring 3,000A+ power domains, with roughly 20x faster transient response than traditional solutions. Empower's silicon capacitors are in production, and it works with leading chipmakers and hyperscalers on data-center power efficiency.

Acquired

Empower Semiconductor has been acquired

Acquired by Analog Devices, Inc. Jul 7, 2026 $1.5B

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Employees

51–200

Total Funding

$215M

3 rounds

Secondary Signals

1 signal
M&A Recent acquisition price $1.5B (all-cash) 2026-05-19

Announced $1.5B all-cash acquisition by Analog Devices (announced May 19, 2026; closed July 7, 2026)

Company now wholly owned by ADI; no independent equity or secondary liquidity remains

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $215M across 3 rounds

Last updated 08-27-2026

DateRoundAmount RaisedValuationLead Investors
Sep 22, 2025 Series D Press release $140M Fidelity Management & Research Company
Mar 7, 2023 Series C2 $30M Not disclosed
Oct 26, 2021 Series C1 $45M Mesh Ventures

Leadership

  • Tim Phillips

    Founder & CEO

    LinkedIn
  • David Lidsky

    Co-Founder

  • Gene Sheridan

    Co-Founder & Board Member

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Monolithic Power Systems

    Diversified power management IC company serving various markets including computing, storage and industrial applications.

  • Ferric

    Develops DC-DC power converters for digital electronics with focus on integrated voltage regulator technology.

  • R2 Semiconductor

    Power management technology company focused on enhancing efficiency and performance of power amplifiers and application processors.

  • Navitas Semiconductor

    GaN Power IC company specializing in gallium nitride power management solutions.

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