# byNordic Acquisition to merge with Sivers Photonics

byNordic Acquisition Corporation signed a non-binding Letter of Intent to merge with Sivers Photonics, a wholly owned subsidiary of Sivers Semiconductors that manufactures lasers for photonic devices. The acquisition is subject to a definitive agreement.

- Type: Acquisition
- Announced: 2024-08-06
- Where: United States
- Status: announced
- Products: lasers for photonic devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Sivers Semiconductors](https://endata.com/companies/21027.md) (partner)
- [Sivers Photonics](https://endata.com/companies/52442.md) (target)
- [byNordic Acquisition Corporation](https://endata.com/companies/79027.md) (acquirer)

## Sources

- [loeb.com](https://www.loeb.com/en/newsevents/news/2024/08/loeb-represents-bynordic-acquisition-corporation-in-business-combination-with-sivers-semiconductors), 2024-08-06: "byNordic and Sivers intend to enter into a definitive agreement for the acquisition of Sivers Photonics."
- [stocktitan.net](https://www.stocktitan.net/news/BYNO/by-nordic-acquisition-corporation-signs-letter-of-intent-for-b653034jh1wf.html), 2024-08-06: "byNordic Acquisition (BYNO) has signed a non-binding Letter of Intent with Sivers Semiconductors AB to merge Sivers' wholly owned subsidiary, Sivers Photonics, with byNordic."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.