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Friday, October 9, 2026

XMax (XMAX) to acquire Hexa Creation, expanding AI infrastructure strategy

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  • XMax (XMAX) announced on Friday it agreed to acquire 100% of Hexa Creation.
  • The acquisition expands the company's AI strategy into power infrastructure, targeting AI data centers, electric vehicles, energy storage, and ultra-fast charging.
  • Hexa Creation has secured exclusive rights to university-owned intellectual property underpinning its high-voltage GaN platform.
  • Yole Group projects the global GaN power device market to grow to $3B by 2030 from $355M in 2024, implying a 42% CAGR.

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