The facility covers approximately 3,000 square metres of existing cleanroom space and an additional 12,000 square metres of expansion capacity \u2013 roughly double the cleanroom footprint of Silex’s existing facility in J\u00e4rf\u00e4lla, Sweden. The acquisition is structured as an asset deal covering the production facility, real estate, infrastructure and production equipment. Closing is expected around the turn of 2027\/2028, subject to CFIUS approval, according to a press release from the company.<\/p>\n
Silex intends to convert the facility into a MEMS fab and plans to offer employment to the approximately 130 people currently working at the site. The target is to reach EBIT break-even between 2029 and 2030, and to reach revenue and profitability levels comparable to the Swedish facility by 2034.<\/p>\n
The total investment, including conversion to MEMS capacity, is estimated at approximately SEK 1.6 billion (EUR 165.8 million).<\/p>\n
“We are proud to have moved from words to action in a short period of time and to now take the next step in our growth strategy. By establishing MEMS manufacturing capacity in the United States, we are further strengthening our position as the world\u2019s leading pure-play MEMS foundry. This brings us closer to our U.S. customers, shortens lead times and reduces geopolitical exposure, which has become increasingly important to our customers,” said Edvard K\u00e4lvesten, CEO and founder of Silex Microsystems.<\/p>\n
The acquisition is the facility Silex flagged it was seeking at the time of its Nasdaq Stockholm listing in May, as Evertiq reported. The total investment estimate has since been revised upward from the SEK 1.4 billion indicated at the time of the listing.<\/p>\n
From manufacturing and design to supply chains and emerging technologies, the electronics industry never stands still. Meet the people driving it forward at the upcoming Evertiq Expo events<\/a>. The next stop is Evertiq Expo Gothenburg<\/a> on September 17, where industry professionals gather to exchange knowledge, discover new solutions and build valuable business connections.<\/p>\n