Wells Fargo increases stake to 8.47% in Symyx Technologies

By E. Janene Geiss

Philadelphia, Jan. 23 - Wells Fargo & Co. increased its investment to 8.47% in Symyx Technologies Inc. as of Dec. 31, according to an SC 13G/A filing with the Securities and Exchange Commission.

That represents a passive stake of 2,862,623 shares.

Those holdings are up from the passive stake of 6.88%, or 2,303,502 shares, the investor reported owning on Dec. 31, 2007, according to another SC 13G filing.

Symyx is a Santa Clara, Calif., company that provides tools and software used for scientific research by the life sciences, chemical, energy, consumer products and electronics industries.

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