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Silverstar Holdings LTD portfolio member, Magnolia Broadband Inc., announced the close of a $6 million C round of financing to support the completion of customer evaluation and delivery of the company's DiversityPlus based RFIC chipset. (Bits).(Brief Article)

Wireless Week, July, 2003

Silverstar Holdings LTD portfolio member, Magnolia Broadband Inc., announced the close of a $6 million C round of financing to support the completion of customer evaluation and delivery of the company's DiversityPlus based RFIC chipset starting in the fourth quarter.

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