Cysive Inc. said yesterday that a judge has dismissed a shareholder class-action lawsuit that challenged a plan to sell the Reston software firm to its founder. The first of the shareholder lawsuits was filed briefly after the company announced on […]

Aug. 19–Rising mortgage rates put a high-volume mortgage lender out of business. Capitol Commerce Mortgage Co., with headquarters in Sacramento and an office in Irvine, closed shop last Thursday due to losses on low-rate loans, according to company memos passed […]

Cysive Inc. said yesterday that a judge has dismissed a shareholder class-action lawsuit that challenged a plan to sell the Reston software firm to its founder. The first of the shareholder lawsuits was filed briefly after the company announced on […]

CHARLOTTE, N.C.–(BUSINESS WIRE)–Aug. 19, 2003–Venturi Technology Partners today announced the renewal of its vendor management contract with the State of Georgia for an additional one-year term.Under this contract, Venturi Technology Partners manages the procurement of temporary information technology workers for […]

PALO ALTO, Calif.–(BUSINESS WIRE)–Aug. 19, 2003–Rinat Neuroscience Corporation today announced that it has raised $40 million through a private placement of Series B Preferred Stock. The financing was led by MPM Capital with support from Schroder Ventures Life Sciences and […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]