Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An announcement from Bure Equity AB ( (SE:BURE) ) is now available.
Bure Equity AB has announced an agreement to acquire a 17% stake in Silex Microsystems, a leading semiconductor company, for SEK 917 million. This acquisition is part of a larger consortium effort to gain a 54.8% controlling interest in Silex, aiming to enhance the company’s growth prospects amid geopolitical challenges. The shift to Swedish majority ownership is expected to bolster Silex’s market position and growth opportunities, with Patrik Tigerschiöld set to become Chairman of the Board.
More about Bure Equity AB
Silex Microsystems is a Swedish company that specializes in the MEMS foundry segment, producing semiconductors with mechanically movable components. The company serves a diverse range of industries including medtech, data centers, telecommunications, and manufacturing/automation, with a global customer base. Headquartered in Järfälla, Stockholm, Silex has demonstrated significant growth, achieving a 17% average annual revenue growth since 2015.
Average Trading Volume: 65,690
Current Market Cap: SEK20.84B
Learn more about BURE stock on TipRanks’ Stock Analysis page.