Open-Silicon
- Founded:
June 2003
- NVP Investment:
$13.4 Million
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Acquisition:
December 24, 2007
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Acquisition Price:
$251 Million
- Employees:
130
- Location:
Milpitas, CA
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Acquired by: Unicorn Investment Bank
Naveed Sherwani
CEO and co-founder
“NVP is renowned in the entrepreneurial community for partnering with its portfolio companies through the good times and the bad, and the firm offers a mature, systematic and calm approach to guiding its companies and shaping them into industry leaders. The collaboration within NVP and the support we’ve received from multiple partners at the firm has been invaluable—in particular, the domestic and overseas exposure in China and India that NVP provided helped grow our company significantly. For example, NVP organized a business development trade mission to China for its CEOs a few years back. The trip resulted in 14-15 strategic relationships for Open-Silicon, and actually inspired us to create our next company, Brite Semiconductor, which today targets the Chinese market and is funded again by NVP. NVP has always demonstrated an extreme dedication to its portfolio companies, and the firm’s long term investment perspective is refreshing. We continue to benefit greatly from the strategic guidance we receive from the firm, and the valuable introductions that have been brokered by Promod, Bob, Tim and the other investment professionals at NVP.”