Bahrain's Unicorn buys into US technology firm

23 December 2007
Bahrain-based Unicorn Investment Bank has invested $190m to acquire a 75 per cent stake in the US’s Open-Silicon.

The California-based technology company manufactures microchips for consumer electronics and telecommunication applications. The acquisition was made through Unicorn’s private equity division and will assist Open-Silicon with its international expansion plans. These include acquiring other businesses. Open-Silicon has existing operations in the US, UK, India and Taiwan.

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