Microelectronics Technology Joint Venture
An Asian multinational client was seeking to expand its microelectronics business, establish a US presence, and gain access to the US domestic technology pool. ICG was asked to identify firms with complementary technologies, some of whom were in need of cash infusion. The client was able to form a low-risk joint venture as majority partner with two domestic firms. This newly-formed enterprise developed an advanced product for the US market that was also repatriated back to the Asian market.