Announced

Bure to acquire 17% stake in Silex Microsystems from Sai Microelectronics for SEK917m.

Synopsis

Bure, a private equity firm, agreed to acquire 17% stake in Silex Microsystems, a pure-play MEMS foundry, from Sai Microelectronics, a company that developes and sells micro-electromechanical systems, for SEK917m. "We are very pleased that the world-leading semiconductor company Silex is returning to Swedish majority ownership. The Company is an excellent addition to Bure’s portfolio – a leading high-tech company active in a growing niche market, with long-standing customer relationships and a proven track record of profitable growth under the leadership of strong entrepreneurs. We look forward to supporting Silex’s continued development together with the Company’s management,” Patrik Tigerschiöld, Bure Chairman.

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