Tag archive: venture

Garmin today introduced a new entry level addition to its line of eTrex outdoor GPS receivers. The new eTrex Venture CX is priced at $249.99 and should be available this month. The eTrex Venture CX, said Garmin, combines expandable memory, color TFT display, USB interface, and advanced GPS auto-routing capabilities in a waterproof design. It comes with a built-in Americas basemap for use when traveling on highways, waterways or byways. A… Read More

South Korea's LG Electronics Co Ltd said on Thursday its joint venture with Philips Electronics NV  of the Netherlands planned to list within five months in New York and Seoul. LG.Philips LCD will use the IPO proceeds to pay for new factories, after saying last month it would invest $21 billion over the next 10 years to capitalise on booming demand for big screen TVs. The venture generated a net profit of 398 million euros ($473… Read More

The SCO Group on Thursday acknowledged the authenticity of an e-mail sent Oct. 12 from Michael Anderer, CEO of Salt Lake City venture firm S2 Partners, to SCO Vice-president Chris Sontag and chief financial officer Robert Bench. The memo appears to be a discussion of the compensation that Mr. Anderer received for facilitating venture deals on SCO's behalf. Read more at Globe Technology.

Cornice Inc., who's tiny hard drives were featured at CES 2004 and in our CES wrap-up article, has secured $51 million in a second round of venture financing. The round includes the Company's previous investors - CIBC Capital Partners, Nokia Venture Partners and VantagePoint Venture Partners - and brings on board new investors BA Venture Partners and GIC Special Investments Pte. Ltd. As a result of this… Read More