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Bahrain bank takes 75% stake in Open-Silicon

Posted: 27 Dec 2007 ?? ?Print Version ?Bookmark and Share

Keywords:Bahrain bank? stakes acquisition? fabless?

Bahrain's Unicorn Investment Bank B.S.C. has acquired a 75-percent stake in Open-Silicon Inc., a fabless ASIC house, for $190 million, according to Reuters.

In 2004, Unicorn Investment commenced operations, with headquarters in the Kingdom of Bahrain. Unicorn Investment is licensed as a Shari'ah-compliant investment bank, regulated and supervised by the Central Bank of Bahrain (CBB).

No other details were disclosed.

- Dylan McGrath
EE Times

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