Monthly Archives: August 2003
Japan Stock Mart to Enter New Stage of Uptrend
By Yuka Yamamori Tokyo, Aug. 18 (Jiji Press)–The Japanese stock market looks set to enter a new stage of uptrend, with the key Nikkei average closing above the 10,000 threshold on the Tokyo Stock Exchange on Monday for the first […]
CEO Who Guided Troubled Peregrine Quits
NEW YORK (AP) – Peregrine Systems Inc. said Monday its chief executive, Gary Greenfield, stepped down and was replaced by John Mutch, one of the software company’s new board members. Greenfield joined the San Diego company in June 2002 amid […]
Get venture capital flowing _ NZSA
THE new head of the New Zealand Software Association, Bell Gully lawyer Wayne Hudson, is concerned a government-backed scheme to provide venture capital to hi-tech start-ups hasn’t yet resulted inmuch funding for software firms. The New Zealand Venture Investment Fund […]
Quietly fueling a rate surge?
Since interest rates began surging in the United States a few weeks back, the folks wearing the rose-colored shades have said the climb is proof that an economic recovery is nigh. But there issomething more than a nascent rebound driving […]
Austin Ventures Promotes Craig Milius to Principal; Milius to Continue Efforts to Help Lead Firm in Business Services and Technology-Enabled Outsourcing Investments
AUSTIN, Texas–(BUSINESS WIRE)–Aug. 18, 2003–Austin Ventures, one of the nation’s most active venture capital firms, today announced the promotion of Craig Milius to principal. Milius will continueto focus his efforts on identifying and partnering with exceptional management teams of leading […]
FrontBridge Expands Global Reach and Accelerates Momentum with $8M in Series C Financing
MARINA DEL REY, Calif.–(BUSINESS WIRE)–Aug. 18, 2003– — BA Venture Partners Leads Round, Sierra Ventures Returns as Investor — — Funds Earmarked for International Expansion and Additional Data Centers– FrontBridge Technologies Inc., a market-leading provider of email security and message […]
Tech firms missing out on venture capital cash
MORE than a quarter of technology businesses rely on a bank loan or overdraft to fund development, according to a study by Grant Thornton. Only 12% depend on cash from the venture capital market, suggesting that some could be missing […]
Harrison Miller Returns to Summit Partners as General Partner
PALO ALTO, Calif.–(BUSINESS WIRE)–Aug. 18, 2003–Summit Partners, a leading global private equity and venture capital firm, today announced that it has named Harrison B. Miller general partner ofthe Summit Accelerator Fund, the venture capital arm of Summit Partners. Miller was […]
Daily News, New York, Peter Siris Column
Aug. 18–As I walk through my supermarket, I see big displays of Coke and other major brands at the front of each row. I know these companies pay slotting fees to get the best placements, while minor brands are hidden […]
Changing IP policy of local universities
MALAYSIA Venture Capital Management Bhd (Mavcap) is calling for some modifications to the existing University Act, especially with regard to the intellectual property (IP) policy, to encourage moreinformation and communications technology (ICT) research work within the campus fraternity. Its chief […]
ADDING and REPLACING QIC Deploys Eagle’s Portfolio Management Solution; Eagle’s Leading-Edge Technology Positions QIC for Further Growth
BOSTON & QUEENSLAND, Australia–(BUSINESS WIRE)–Aug. 17, 2003–ADD to BW 5001 (MA-EAGLE-INVESTMENT) after seventh graph xxx service to its clients. New text as follows: For more information about QIC, please visit www.qic.com. The corrected release reads: QIC Deploys Eagle’s Portfolio Management […]
Silicon Valley Sees Rise, Fall of Telecommunications, Networking Firms
Aug. 17–In the two years since the noisy collapse of the telecom and networking industries, little to nothing has been heard from the 10 giant Silicon Valley telecom and networking start-ups thathad been funded with hundreds of millions of dollars […]