DSO urges US firms to put down roots in the region
Dubai Silicon Oasis officials look to persuade US-led IT companies to make DSO their Middle East base
Dubai Silicon Oasis (DSO) is hoping to attract a fresh wave of IT companies to its boundaries following talks with a number of interested parties in the US.
A high-level delegation of senior DSO officials recently met with a number of US-based technology firms to discuss setting up a Middle East presence at the IT cluster, which was launched five years ago and spans an area of more than seven kilometers.
DSO has not disclosed the names of the companies it talked to, but said they represented a mixture of consumer internet, digital media, enterprise software, infrastructure and circuit design organisations.
Talks between DSO executives and US companies took place in California last month during the annual Intel Capital CEO Summit, according to officials at the IT cluster.
The DSO delegation included Dr. Mohammed Al Zarouni, vice-chairman and CEO of Dubai Silicon Oasis Authority, and CFO William Chappell.
During the discussions, Al Zarouni called on Intel to play a more active role in attracting technology companies to Silicon Oasis, which bills itself as an ideal launch pad for businesses due to its array of services and facilities.
"The event allowed us to meet and explore different ways to attract technology companies to operate at DSO while channelling research and development to the technology park," said Al Zarouni. "The summit also explored investment opportunities in these start-ups and ways to collaborate with different companies."
DSO is a wholly-owned entity of the Dubai Government and operates as a free zone technology park for semiconductors, microelectronics and other electronics-based companies.