Sivers Semiconductors Enters into Letter of Intent With byNordic Acquisition Corporation for Business Combination of Sivers' Photonics Subsidiary

Merger Expected to Unlock Significant Value and Create Independent US NASDAQ traded Photonics Company KISTA, Sweden, Aug. 6, 2024 /PRNewswire/ -- Sivers Semiconductors AB (STO: SIVE), a leading supplier of integrated chips and photonics modules for the most advanced communications and sensor solutions, today announced that the Company has entered into a non-binding letter of intent (the "LOI") to merge its Sivers Photonics Ltd subsidiary ("Sivers Photonics") with byNordic Acquisition Corporation ("byNordic" ...