Is KTM owned by Kawasaki?

Excuse me, I've been hearing a lot about KTM motorcycles recently, and there seems to be some confusion regarding its ownership. Could you please clarify if KTM is indeed owned by Kawasaki? I've seen some online discussions suggesting a connection between the two brands, but I'm not entirely sure if it's accurate. Clarifying this matter would greatly assist me in my research on the motorcycle industry. Thank you for your time and assistance in this matter.