XMax Inc. Acquired Power Semiconductor Firm Hexa Creation
XMax entered a definitive agreement to purchase the developer of 1200V gallium nitride power technology.
Updated on Oct. 10, 2026 in Business Strategy

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XMax Inc. has entered a definitive share purchase agreement to acquire 100% of Hexa Creation Inc. The move aims to integrate Hexa Creation's 1200V vertical gallium nitride power semiconductor technology into XMax's AI infrastructure strategy.
Why it matters
The acquisition reflects XMax's push to diversify its holdings and expand its technical capabilities in power infrastructure for AI computing. It positions the firm to capture a larger share of the power semiconductor market as high-efficiency device demand grows.
The global GaN power device market totaled $355 million in 2024 and is projected to reach $3.0 billion by 2030. Hexa Creation specializes in 1200V vertical gallium nitride trench MOSFET technology.
The players
XMax Inc.
This company is based in Commerce, California, and is focused on expanding its AI computing and power infrastructure strategy.
Hexa Creation Inc.
This firm develops native 1200V vertical gallium nitride trench MOSFET technology for power semiconductor applications.
The details
XMax Inc. disclosed the acquisition terms in an 8-K form filed with the SEC. Hexa Creation currently holds an exclusive license to intellectual property owned by a public university, which will move under XMax's control upon completion of the deal.
Timeline
The definitive share purchase agreement was signed October 9, 2026.
The global GaN power device market was valued at $355 million in 2024.
The global market is projected to grow to approximately $3.0 billion by 2030.
Market Landscape
This acquisition follows the aggressive growth trajectory for gallium nitride semiconductors outlined in the Yole Group market report. It signals a shift toward vertical integration as major players move to secure proprietary power solutions for AI infrastructure.
The acquisition suggests that consumers and clients may see faster, more efficient hardware as XMax integrates these power solutions into AI systems. No immediate changes to retail pricing or product availability were announced as a result of this corporate transaction.
The takeaway
As AI computing demands greater energy efficiency, companies are increasingly acquiring specialized semiconductor developers to secure supply chains. This consolidation highlights the rising importance of vertical gallium nitride technology in the modern power electronics market.
Further reading
For more on industry shifts, visit our Business Strategy section.
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