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Chipmaker Silex Micro More Than Doubles After Stockholm IPO

Bloomberg Technology
Jonas Ekblom, Neil Campling, Pablo Mayo Cerqueiro

Silex Microsystems AB surged in its first day of trading on Nasdaq Stockholm after an initial public offering that raised about 2 billion Swedish kronor ($220 million) for the specialist microchip-maker and its Chinese shareholder Sai MicroElectronics Inc.