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$190m Unicorn, Open-Silicon deal
- Bahrain: Sunday, December 23 - 2007 at 13:34
Bahrain's Unicorn Investment Bank has bought a 75% equity stake in Open-Silicon, a firm based in Milpitas, California, for $190m. Established in 2003 by the founders of Intel Microelectronics, a subsidiary of Intel, Open-Silicon designs and manufactures application specific integrated chips for a range of clients in the consumer electronics and telecom sectors. Open-Silicon has a presence in six locations in the US, the UK, India and Taiwan.
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Jonathan Sheikh-Miller, Deputy EditorSunday, December 23 - 2007 at 13:34 UAE local time (GMT+4)
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