Monthly Archives: August 2003

PPL finally appoints McCall to board

PPL has finally appointed Bill McCall, a former director of Singer & Friedlander, to its board following concerted pressure from key shareholders. A spokesman for the embattled Dolly the Sheep pioneer said it would be “premature” to assume the firm […]

Gaming shares lose ground in shake-up

GAMING stocks came a cropper after Government plans to deregulate the industry included fresh restrictions on casinos and slot machines. New casinos must be a minimum 5,000 sq ft in size to stop small High Street gambling halls springing up […]

SMaL Camera Technologies Closes $13.5 Million Financing; Carlyle leads round, joined by Wasserstein

CAMBRIDGE, Mass.–(BUSINESS WIRE)–Aug. 8, 2003–SMaL Camera Technologies, a developer of electronic imaging solutions and the award-winning Ultra-Pocket(R) line of super-thin digital still cameras,announced today that it has closed its Series C round of financing for $13.5 million. This financing round […]

Tim Connors Becomes a General Partner at U.S. Venture Partners

MENLO PARK, Calif.–(BUSINESS WIRE)–Aug. 8, 2003–U.S. Venture Partners (USVP) announced today that Timothy J. Connors has become a general partner of the firm. Connors joined the firm as an Associate in June 2001. At USVP, Connors specializes in building enterprise […]

The Boston Globe Business Briefs Column

Aug. 8–VERIZON PACT SEEN SEVERAL DAYS AWAY: As Verizon Communications Inc. and its major unions continued negotiating specific language for a contract, the Communications Workers of America saidVerizon is proposing changes in job security and layoff protections that will require […]

Venture Capitalist Sets Sights On State ; Firm Eager To Make Seed Money Available In Colo.

Venture capitalist Trevor Loy wants to invest in Colorado entrepreneurs who have great ideas but no money. He wants to find bright people who have mortgaged their home to operate a business out of their garage and need seed money […]

Bankruptcy Judge Approves Sale of ANC Rental Corp.’s Assets

Aug. 7–A Delaware bankruptcy judge on Wednesday approved the sale of ANC Rental Corp.’s assets, nearly 21 months after the Fort Lauderdale parent of Alamo Rent A Car and National Car Rental Systemsought refuge from creditors by filing for Chapter […]

Winston-Salem, N.C., Biotech Investor Launches $20 Million Venture Fund

Aug. 7–A local biotechnology consultant and entrepreneur, Eric Button, is starting a $20 million venture-capital fund to put money into medical-diagnostic companies. Button, the president and managing partner of BioEmerge Partners, wants to raise an initial round of money by […]

Funding technopreneurs, NEW STRAITS TIMES-MANAGEMENT TIMES

xfdws FUNDING-TECHNOPRENEURS sked Emerging Markets Datafile August 07, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Funding technopreneurs, NEW STRAITS TIMES-MANAGEMENT TIMES Rozana Sani ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, INC., […]

Scottish Equity Partners looks ahead with relish

SCOTTISH Equity Partners, the venture capital group, yesterday said it expected a “very significant” upsurge in deal activity during the second half of 2003, but that over the past 12 months it hadstill bucked the downturn in equity markets. The […]

Bankruptcy Judge Approves Sale of ANC Rental’s Assets

Aug. 7–ANC Rental Corp. moved a step closer to becoming the property of a New York hedge fund on Wednesday when U.S. Bankruptcy Court Judge Mary Walrath approved the sale of most of ANC’s assets toCerberus Capital Management. Cerberus would […]

Funding technopreneurs (HL)

HAVING niche information and communications technology (ICT) applications with significant and marketable intellectual properties are must-have selling points for local technopreneurs seeking venturecapital (VC) funding. Apart from having proprietary in- house technology, technopreneurs must also have a committed team and […]