09:07 AM EDT, 09/24/2024 (MT Newswires) -- Technology stocks rose in premarket hours Tuesday as the Technology Select Sector SPDR Fund ( XLK ) was up 0.1% and iShares Expanded Tech Sector ETF ( IGM ) was recently 0.7% higher.

DigiAsia's ( FAAS ) fintech-as-a-service unit DigiAsia Bios has agreed to be acquired by PayMate India for an enterprise valuation of $400 Million, PayMate said. DigiAsia ( FAAS ) shares advanced by over 14% pre-bell.

Arlo Technologies ( ARLO ) shares rose past 4% after the company said its board approved a repurchase program for up to $50 million of its common shares.

Nokia ( NOK ) said it has signed an agreement with ZCorum, a provider of broadband diagnostics and managed services, to develop a DOCSIS Provisioning Adapter application for cable-to-fiber transition. Nokia ( NOK ) shares were 0.5% higher pre-bell.