TECH NEWS

Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV

The Bure Equity- and Creades-backed pure-play MEMS foundry priced at SEK 81 per share, with the offering oversubscribed several times. Cornerstone investors, including Capital Research, Fidelity, AFA, AP2, AP3, AP4, Swedbank Robur, and Carnegie, took roughly three-quarters of the deal.

Silex Microsystems opened sharply higher on its Nasdaq Stockholm debut on Wednesday, with the chipmaker’s shares climbing in early trade after the IPO priced at SEK 81 a share. The offering had been oversubscribed several times in the bookbuild and was placed almost entirely with institutional cornerstones, leaving little float for retail demand on opening day.

The deal raised approximately SEK 1.99bn ($217m) on a 24.6-million-share offering, with the equity valuation at IPO around SEK 8.9bn. The trading symbol is SILEX. Settlement is scheduled for 11 May.

Silex describes itself as the world’s leading pure-play MEMS foundry. The company manufactures micro-electromechanical systems for customers in automotive, industrial, life sciences, and...

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Samsung Union Suspends Strike After Reaching Tentative Deal On Bonuses

The strike would have impacted Samsung's memory chip production. Chung Sung-jun/Getty Images Samsung's largest labor union in South Korea has suspended the strike that was set to begin on May 21 after reaching a tentative deal with the company. Nearly 48,000 workers would have

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MeitY Holds National Workshop to Strengthen Cyber Security Frameworks for State Data

States, UTs discuss cybersecurity preparedness, DPDP compliance and institutional reforms ahead of national policy framework The Ministry of Electronics and Information Technology (MeitY) organised a National Consultative Workshop on “Strengthening Cyber Security Frameworks for State Data” at The Ashok Hotel, New Delhi, on 11 May 2026. The workshop was chaired

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Vitamix Promo Codes and Deals: $25 Off + Free Shipping

I've been hooked on smoothies in an almost superstitious way ever since college: A fruit smoothie is like a good luck charm, promising the health you feel you deserve despite all your other bad decisions. But in my more recent adult life, a good blender is the passport

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Hulu Promo Codes & Discounts: 20% Off in May

Like other popular services like Netflix and Max, Hulu is a streaming service that has exclusive series, current-season episodes, hit movies, Hulu Originals, kids shows, and more. There’s also a Hulu plan for nearly every kind of watcher, including streaming content with ads for a service on the cheap,

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Samsung Union Suspends Strike After Reaching Tentative Deal On Bonuses

MeitY Holds National Workshop to Strengthen Cyber Security Frameworks for State Data

Vitamix Promo Codes and Deals: $25 Off + Free Shipping

Hulu Promo Codes & Discounts: 20% Off in May