French chipmaker Altis has received around 50 million euros ($65.70 million) in investment from French and Qatari sovereign funds, newspaper La Tribune reported on Friday.
Altis -- formerly owned by IBM and Infineon - was bought in August by French government official Yazid Sabeg, who also owns a small-cap IT consultancy called CS Communication.
According to La Tribune, the FSI has invested 20 million euros while the Qatari Diar sovereign real estate fund has invested around 30 million.
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