The Daily Deal articles from September 2001, page 9

The Daily Deal archives from September 2001

UNB, BancFirst merge in $214M deal.(Brief Article)
September 6, 2001... Byline: Jonathan Berke UNB Corp. and BancFirst Ohio Corp. agreed Sept. 6 to a $214.3 million merger that will create an Ohio-centered regional bank with a niche aircraft lending division. Shareholders of Zanesville, Ohio-based...

EC to probe BP's deal for E.ON assets.(Brief Article)
September 6, 2001... Byline: Victorya Hong BRUSSELS -- European Union regulators Sept. 6 launched an in-depth antitrust investigation into British oil giant BP plc's [Euro]6.5 billion ($5.82 billion) acquisition of E.ON AG's oil and gasoline assets. The...

FPI nets rival Clearwater for $328M.(Brief Article)
September 6, 2001... Byline: Laura King TORONTO -- Fishery Products International Ltd. said Sept. 6 it will buy rival Clearwater Fine Foods Inc. of Bedford, Nova Scotia, in a C$510 million ($328 million) deal that creates Canada's largest seafood company....

Bid to save PKN Orlen deal.(Brief Article)
September 6, 2001... Byline: Patricia Koza WARSAW -- For Hungarian oil company MOL, the cavalry may have arrived too late. Jan Kulczyk, one of Poland's richest men, has reportedly joined with MOL in a last-minute effort to help the company buy 17.6% of...

Arbs resist lure of Alltel bid.(Brief Article)(Editorial)
September 6, 2001... Byline: Leon Lazaroff Unconvinced that Alltel Corp. of Little Rock, Ark., will ever get close to buying fellow rural provider CenturyTel Inc., risk arbitrageurs say they are largely staying away from the potential deal. For arbs,...

Czech power auction sparks interest.(Brief Article)
September 6, 2001... Byline: Siobhan Almond More than a dozen Western European companies are lining up to bid in the privatization of Czech power producer CEZ -- the latest in a parade of power companies looking for better value in Central Europe than they...

Newbridge in talks for KDDI unit.(Brief Article)
September 6, 2001... Byline: Charles Smith TOKYO -- Private equity firm Newbridge Capital llc said Sept. 6 it has entered talks to buy the Tu-ka group of mobile phone operators from Japan's KDDI Corp. Lee Daniels, a senior executive at NewBridge's newly...

Gores sells The Learning Co. unit to Riverdeep.(Riverdeep Group PLC)(Brief Article)
September 6, 2001... Byline: Joshua Jaffe Instead of asking "Where in the World is Carmen Sandiego?" the more relevant question for educational software users in recent years has become "Where in the world is the Learning Co.?" On Sept. 6, it landed...

Gabelli may sue over Carter-Wallace sale.(Brief Article)(Product Announcement)
September 6, 2001... Byline: Josh Kosman Can Mario Gabelli convince a judge to rule that Carter-Wallace Inc.'s stock is worth more than the would-be buyers have agreed to pay? Or can he at least scare the sellers into believing he has a chance in a Delaware...

Gene-therapy startup garners $9.3M round.(Brief Article)
September 6, 2001... Byline: Lou Whiteman Nine months after being spun out by Canada's INEX Pharmaceuticals Corp. into a tough financing market, a Vancouver, British Columbia-based biotech startup has clinched commitments of C$14.5 million ($9.3 million)....

Entelos is target for new Bear Stearns fund.(Brief Article)
September 6, 2001... Byline: Clifford Carlsen Biotech modeling pioneer Entelos Inc. has landed the first investment from Bear Stearns' Health Innoventures Fund of New York, raising $25 million in a third round to advance mathematical models of diseases for...

VCs pump funds into European chip startups.(Xignal Technologies AG and RF Engines Ltd., venture capital companies)(Brief Article)
September 6, 2001... Byline: Joshua Jaffe Despite no end in sight to the global semiconductor slump, European investors are still looking ahead to the next growth cycle and backing communication chip design startups. In recent days, a German chip design...

Acusphere.(Brief Article)(Statistical Data Included)
September 6, 2001... Cambridge, Mass.-based Acusphere Inc. filed for a $69 million IPO. It did not specify volume or price. The company develops drugs and improved formulations of existing drugs, using a proprietary porous micro-particle technology. Net proceeds...

Ai Metrix.(Brief Article)
September 6, 2001... El Dorado Hills, Calif.-based Ai Metrix Inc. has completed a $23 million funding round led by General Atlantic Partners llc, with participation from Spectrum Equity Investors. The service management software maker plans to use the capital to...

Arcot Systems.(Brief Article)
September 6, 2001... E-business technology provider Arcot Systems Inc. of Santa Clara, Calif., has landed $20 million in funding. Investors included Goldman Sachs and previous backers Accel Partners, First Union Bank, Novell, ONSET Ventures and Oracle. Arcot will...

Atlas Commerce.(Brief Article)
September 6, 2001... Private exchange software developer Atlas Commerce of Malvern, Pa., has tapped a $10 million convertible note facility from previous backer Safeguard Scientifics. The fresh cash will fuel the company's growth plans. The company's products are...

BroadWare Technologies.(Brief Article)
September 6, 2001... Cupertino, Calif.-based BroadWare Technologies, a distributor, manager and archivist of digital video for broadband networks, has received $7.7 million in funding led by New Vista Capital with additional investment by McKenna Ventures,...

Canada's Brandselite files for bankruptcy.(Brief Article)
September 6, 2001... Richmond Hill, Ontario-based Brandselite International Corp. has filed a notice of intention to make a proposal under Canada's Bankruptcy and Insolvency Act. The filing has the support of Brandselite's major secured creditor, Laurentian Bank...

FastTracks Capital.(Brief Article)
September 6, 2001... Middlebury, Va.-based FreshTracks Capital LP has raised a $20 million early-stage venture capital fund for investment primarily in Vermont and occasionally in companies in other parts of the Northeast,it announced on Wednesday. Managing the...

Fastrax.(Brief Article)
September 6, 2001... Vantaa, Finland-based Fastrax Ltd., said Wednesday it has closed a [Euro]6 million ($5.3 million) second round of financing led by CapMan Capital Management, a Finnish venture capital and private equity firm. Eqvitec Partners, a...

GORP.com.(Brief Article)
September 6, 2001... Outdoor recreation and adventure travel site GORP.com Inc. has secured $2.3 million in its third round of venture financing. Participants in the round included BNP Paribas, Capstone Ventures, FD5 and individual investors including Bob Dorf,...

La Petite Academy in default.(Brief Article)
September 6, 2001... La Petite Academy Inc., an operator of educational academies owned by J.P. Morgan Partners and private investor Robert King, said it is in default under its credit agreement and is trying to persuade lenders to waive credit covenants. In a...

MERIX Bioscience.(Brief Article)
September 6, 2001... Biotechnology company MERIX Bioscience Inc. of Durham, N.C., has received $39.5 million in a second round of funding, Knight-Ridder Tribune Business News reported. Investors include TFG Venture Capital AG & Co, KGaA, which contributed...

MarketFirst Software.(Brief Article)
September 6, 2001... Mountain View, Calif.-based MarketFirst Software Inc. raised $19 million in a fifth round venture investment led by new backers Greenbridge Capital and e-millennium 1 Fund and including Sprout Group, SAP Ventures, U.S. Trust, Enterprise...

Nassda.(Brief Article)
September 6, 2001... Santa Clara, Calif.-based Nassda Corp. filed for a $57.5 million IPO. It did not specify price or volume. The company provides full-chip circuit simulation and analysis software for the design and verification of complex semiconductors. Net...

Norsk Hydro, Conoco in venture.(Brief Article)
September 6, 2001... Norsk Hydro USA Oil & Gas Inc., a unit of Norsk Hydro ASA of Oslo said Wednesday it signed a joint venture agreement with Houston oil company Conoco Inc. in which it will acquire a 25% working interest in five firm and three contingent...

Pass Privilege.(Brief Article)(Statistical Data Included)
September 6, 2001... Customer loyalty management company Pass Privilege Inc. of Charlotte, N.C., has tapped $1 million in angel-round financing. Participants in the round were not named, and the funding was not open to financial institutions. The fresh cash will...

Physician Health can sell six cancer centers.(Brief Article)
September 6, 2001... Bankrupt Atlanta healthcare company Physician Health Corp. said Wednesday it has won bankruptcy court approval to sell six cancer radiation centers to Bethesda Resources Inc. for $11 million. BSI was created for the deal. Judge Mary F....

Questor discussing new cash infusion with Carbide.(Brief Article)
September 6, 2001... Turnaround specialist Questor Management Co. is negotiating a $65 million investment in Carbide/Graphite Group Inc. after a previously announced deal for $49 million fell through. Carbide is a Pittsburgh manufacturer of industrial graphite...

Schneider National.(Brief Article)
September 6, 2001... Citing market conditions, Green Bay, Wis.-based Schneider National Inc. canceled plans for an IPO of its logistics subsidiary, Schneider Logistics Inc. The parent company said it has been able to allocate "substantial resources" to the unit...

Smartner InformationSystems.(Brief Article)(Statistical Data Included)
September 6, 2001... Several Nordic technology venture-capital investors, including EQVITEC Partners Oy, Sitra, Finnish National Fund for Research and Development of Finland and Swedish venture capital firm IT Provider Adviser 1 AB, have invested [Euro]1.3...

Sweden's Lundin Oil shareholders OK Talisman deal.(Talisman Energy)(Brief Article)(Statistical Data Included)
September 6, 2001... Calgary-based Talisman Energy Inc. said Wednesday that stakeholders with 97% of the shares in Sweden's Lundin Oil AB have agreed to tender to Talisman's C$529 million ($339 million) offer announced June 21. Talisman, Canada's largest...

TechAMP II.(venture capital fund)(Brief Article)(Statistical Data Included)
September 6, 2001... Venture development company A.M. Pappas & Associates of Research Triangle Park, N.C., has raised a $102 million for TechAMP II, a new life sciences venture capital fund. The fund will invest in biopharmaceutical companies developing therapies...

Texaco buys $8.9M ECD stake.(Energy Conversion Devices Inc.)(Brief Article)(Statistical Data Included)
September 6, 2001... Energy Conversion Devices Inc., a Troy, Mich., electric car battery developer, said Wednesday that Texaco Inc. of White Plains, N.Y. bought 448,358 shares of its stock for about $8.9 million. ECD said Texaco purchased the shares to maintain...

Tropic Networks.(Brief Article)(Statistical Data Included)
September 6, 2001... Optical packet networking systems developer Tropic Networks Inc. of Ottawa and Andover, Mass., has netted $10 million in financing from Silicon Valley Bank, GATX/MM Venture Finance Partnership and Transamerica Commercial Finance Corp. The new...

Universal Hospital Services.(Brief Article)(Statistical Data Included)
September 6, 2001... Bloomington, Minn.-based Universal Hospital Services Inc. set the price of its initial public offering at $17-$19 per share. The IPO will total up to $109.25 million for 5.75 million shares. The company provides movable medical equipment...

WISEhouse Denmark.(Brief Article)(Statistical Data Included)
September 6, 2001... Aarhus, Denmark-based security firm WISEhouse Denmark A/S has raised $6 million via the sale of an 85% equity stake to euro909.com, a Web infrastructure services company in Copenhagen. At the same time, Medani A/S, the investment arm of dairy...

Western Digital sells SANavigator.(Brief Article)
September 6, 2001... Western Digital Corp., a Lake Forest, Calif., producer of computer hard drives, said Wednesday it has agreed to sell SANavigator Inc., its San Jose, Calif., storage area network software subsidiary, to McData Corp. for $29.75 million in cash....

Williams, Yukos extending $150M refinery deal.(Brief Article)
September 6, 2001... Tulsa, Okla., energy firm Williams Cos. said Wednesday it and Russian oil company Yukos agreed to extend the deadline to finalize the sale of 26.8% of Lithuanian oil refiner Mazeikiu Nafta to Yukos for $150 million. The deadline, originally...

Winetasting.com.(Brief Article)(Statistical Data Included)
September 6, 2001... Napa Valley, Calif.-based Wine-tasting.com has completed a round of funding totaling $5 million from undisclosed investors. The company has raised $13 million total through private investors, including lead investor William Hambrecht along...

Winstar Radio is bought out.(Brief Article)
September 6, 2001... Franklin Capital Corp. has returned to the airwaves. The New York investment firm said Wednesday it has teamed with Sunshine Wireless Co., a Fort Lauderdale, Fla., radio station operator to purchase Winstar Radio Networks Inc. for $6.25...

Bankruptcy beauty contest.(selection of federal court venue)
September 5, 2001... Byline: David E. Rovella Predictability. Among bankruptcy lawyers, it is the ultimate consideration when deciding which federal court best suits a corporate client seeking protection from creditors. For the past decade, that...

ACON prevails in Florimex bidding.(Brief Article)
September 5, 2001... Byline: Shanon D. Murray A Washington-based investment firm has bested the stalking-horse agreement that Deutsche Beteiligungs AG, a German private equity firm, had to acquire Florimex, the international division of bankrupt USA Floral...

Furrs' creditors may get settlement.(Furr's Inc.)(Brief Article)
September 5, 2001... Byline: Josh Kosman Unsecured creditors of bankrupt Furrs Supermarkets Inc. may be close to reaching a settlement over insider preference and other issues with the company's secureds even though a sale of the Albuquerque, N.M.-based...

Air NZ waits for ruling.(Air New Zealand Ltd. )(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Giles Parkinson SYDNEY -- Shares in Air New Zealand Ltd. slumped to near record lows Sept. 5 following further delays in a crucial government ruling and a rejected offer to buy competitor Virgin Blue. Amid doubts the...

BT unit set for M&A after listing.(British Telecommunications PLC)(mergers and acquisitions)(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Brian Cattell LONDON -- British Telecommunications plc said Sept. 5 that its mobile phone company, mmO2, will be demerged bearing debts of only [pound]500 million ($722 million), prompting analysts to predict the unit would...

Metromedia backers study situation.(Metromedia Fiber Network Inc. )(Brief Article)
September 5, 2001... Byline: Leon Lazaroff The group of creditors and investors that Metromedia Fiber Network Inc. officials hope will provide more than $600 million in long-term financing now resembles children standing beside a swimming pool, each waiting...

IPO Outlook -- September 5, 2001.(initial public offering)(Brief Article)
September 5, 2001... Byline: Soma Biswas in New York Universal Hospital Services Bloomington, Minn.-based Universal Hospital Services Inc. set the price of its initial public offering at $17-$19 per share. The IPO will total up to $109.25 million for...

Callahan purchases DT cable unit.(Deutsche Telekom AG)(Callahan Associates)(Brian Cattell)(Brief Article)
September 5, 2001... Byline: Brian Cattell LONDON -- Germany's Deutsche Telekom AG next week will receive about $680 million from U.S. cable operator Callahan Associates llc when it closes a deal for Callahan to buy 55% of the German company's...

AngloGold bids $1.7B for Normandy Mining.(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Giles Parkinson SYDNEY -- In a move to strengthen its position as the world's largest gold miner, South Africa's AngloGold Ltd. announced a A$3.2 billion ($1.7 billion) all-stock offer Sept. 5 for Normandy Mining Ltd. ...

Seoul Bank sale talks hit setback.(Brief Article)
September 5, 2001... Byline: Michael Baker SEOUL -- Korea's second attempt to sell a stake in the ailing Seoul Bank hit a snag Sept. 5 when the government publicly rejected granting a put option to seal a deal with Deutsche Bank Capital Partners, which has...

KDDI mum on Texas Pacific offer for unit.(KDDI Corp., Texas Pacific Group)(Brief Article)
September 5, 2001... Byline: Charles Smith TOKYO -- Japan's leading independent telecom operator, KDDI Corp., said Sept. 5 it had received "numerous offers" for its stake in its Tu-ka mobile group but was not in active negotiations with any single buyer. ...

France Telecom takes control of TPSA.(Telekomunikacja Polska S.A.)(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Patricia Koza WARSAW -- France Telecom SA and partner Kulczyk Holding SA strengthened their hold on Central Europe's largest phone company Sept. 5, when they agreed to pay Zl3.5 billion ($825 million) to raise their stake in...

Rabble Babble.(online messages regarding financial deals)
September 5, 2001... Byline: Stacy Mosher The news never rests, and nowhere is it busier than on the Internet bulletin boards. This column excerpts the choicest messages on the latest deals. Postings are selected from several sources, including Yahoo!,...

Hispanic Broadcasting grabs 4 stations.(Brief Article)
September 5, 2001... Byline: Peter Lauria Strengthening its already-dominant position in Latin radio programming, Dallas-based Hispanic Broadcasting Corp. said Sept. 5 it agreed to acquire four FM stations in Phoenix from Big City Radio Inc. for $34 million...

McGraw-Hill buys Pearson's FT Energy.(Brief Article)
September 5, 2001... Byline: Peter Lauria New York-based publisher The McGraw-Hill Cos. solidified its position as a top energy information supplier Sept. 5 by acquiring Financial Times Energy from London's Pearson plc in a $100 million deal. Terms were...

Fisher Scientific buys Cole-Parmer.(Brief Article)
September 5, 2001... Byline: Kevin DeGeeter Fisher Scientific International Inc. continues to roll up the fragmented life sciences equipment industry. On Sept. 5, the Hampton, N.H.-based distributor of everything from chemicals to fume hoods agreed to...

CEOs defend HP, Compaq deal.(Brief Article)
September 5, 2001... Byline: Charles Sisk BOSTON -- With shares of Hewlett Packard Co. and Compaq Computer Corp. sliding for a second consecutive day, the companies' respective chief executives stood behind the blockbuster merger and pledged to meet earnings...

Industri Kapital in talks to buy ContiTech.(Brief Article)
September 5, 2001... Byline: Jonathan Braude BERLIN -- Swedish private equity investor Industri Kapital is negotiating to buy German tire manufacturer Continental AG's industrial rubber products division, ContiTech Group AG. Industri Kapital stepped in...

Banks take a PE bath.(private equity)(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: Siobhan Almond Banks have had their fingers burned by private equity this year. But so far few are retrenching. Credit Suisse Group, the Zurich-based parent of investment bank Credit Suisse First Boston, is the latest bank...

Anschutz to gain control Regal Cinemas.(billionaire Philip Anschutz)(Brief Article)(Statistical Data Included)
September 5, 2001... Byline: David Carey After months of Byzantine maneuvering and negotiations, a creditor group headed by Denver billionaire Philip Anschutz appears to have bankrupt Regal Cinemas Inc., America's largest movie theater chain, within its...

Siemens consolidates VC ops.(venture capital operations)(Brief Article)
September 5, 2001... Byline: Joshua Jaffe Aiming to better manage its in-house venture capital program, German electronics giant Siemens AG said Sept. 5 it would consolidate its various VC operations under one umbrella, called Siemens Venture Capital GmbH....

Ai Metrix nabs $23M up round.(Brief Article)
September 5, 2001... Byline: Vyvyan Tenorio Not everything is gloom and doom in the telecoms sector, especially if you're into services management software. Far from being desperate, Ai Metrix Inc., an El Dorado Hills, Calif.-based provider of such...

Sentillion's plan draws $18M.(Brief Article)
September 5, 2001... Byline: Lou Whiteman Try telling the folks at Sentillion Inc. that it's a down market for software companies. Aided by a growing client list and some key partnerships, Sentillion, of Andover, Mass., has secured $18 million in a Series C...

MarketFirst closes private funding at $41M.(MarketFirst Software Inc.)(Brief Article)
September 5, 2001... Byline: Clifford Carlsen Scrambling from a failed IPO plan last year, Mountain View, Calif.-based MarketFirst Software Inc. raised $19 million in the conclusion of a fifth-round financing to carry its sophisticated spam-generation...

Stem cell furor brings VC attention.(venture capital)(Statistical Data Included)
September 5, 2001... Byline: Katherine Goncharoff For CyThera Inc., the hunt for funds has become a whole lot easier of late. In the last week, no less than six venture capitalist groups have contacted the cell therapy startup that's searching for a...

Acadia Pharmaceuticals.(Brief Article)
September 5, 2001... San Diego-based Acadia Pharmaceuticals Inc. withdrew its estimated $86.25 million IPO. The company was to sell 5.75 million shares at $13 to $15 per share. In an Aug. 31 letter to the SEC, Acadia's CEO, Uli Hacksell, wrote that "current...

Aelis Photonics.(Brief Article)
September 5, 2001... Netanya, Israel-based Aelis Photonics has raised $2.3 million in a seed round of financing led by Israel Seed Partners. The Jerusalem-based venture capital fund was the sole investor in the round, which included options for a future...

Anthropics.(Brief Article)
September 5, 2001... London-based Anthropics Ltd. said Tuesday it has raised [pound]6 million ($8.8 million) in a first round of funding led by Quester Capital Management Ltd., a British venture capital firm. London-based Sky Ventures and Skandia Media also...

CBD Technologies.(Brief Article)
September 5, 2001... Rehovot, Israel-based CBD Technologies Ltd. has raised $5 million in a second round of financing led by Brazil's Companhia Suzano de Papel e Cellulose. The Sao Paulo-based-company is a leading producer of paper products. Venture capital...

Clark/Bardes makes 17th deal.(Brief Article)
September 5, 2001... Clark/Bardes Holdings Inc., a Barrington, Ill., provider of compensation and benefit services, said Tuesday that it is acquiring Waltham, Mass., rival Lyons Compensation & Benefits llc in a transaction valued at $12 million. Clark/Bardes said...

Consumers Packaging gets OK on sale to Owens.(Brief Article)
September 5, 2001... Toronto's Consumers Packaging Inc., which has been operating under creditor protection since May, said Tuesday an Ontario court has approved the sale of all of its Canadian assets to Owens Illinois Inc. of Toledo, Ohio, for C$235 million....

Empresas ICA sells $182M worth of assets.(Brief Article)
September 5, 2001... Mexico's largest engineering and construction concern Empresas ICA SA said Monday it agreed to sell assets for 1.67 billion pesos ($182 million) as it continues to carry out a 1999 restructuring plan designed to shed non-core assets and...

Exchange Applications.(Brief Article)
September 5, 2001... Boston-based Exchange Applications Inc., doing business as Xchange Inc., has secured $20.5 million in financing from Insight Venture Partners, THK Private Equities and other investors including Andrew Frawley, chairman of the board of...

FelCor Lodging REIT gets $325M for MeriStar deal.(Brief Article)
September 5, 2001... Irving, Texas, hotel real estate investment trust FelCor Lodging Trust Inc. said Tuesday it received mortgage loan and other financing worth at least $325 million to help pay debt it assumed when it agreed to acquire Washington, D.C., rival...

Gardner Denver buys Hoffman Air.(Brief Article)
September 5, 2001... Gardner Denver Inc., a Quincy, Ill., producer of centrifugal blowers and vacuum systems, said Tuesday it has agreed to pay about $45 million to buy the Syracuse, N.Y.-based Hoffman Air and Filtration Systems division of British engineering...

Goodrich Corp.(spins off engineered industrial products business)(Brief Article)
September 5, 2001... Charlotte, N.C.-based Goodrich Corp. announced a tax-free spinoff of its engineered industrial products business to its shareholders. Shareholders will receive one share of the spinoff for every five shares in Goodrich, a supplier of...

Hanover completes purchase of Schlumberger unit.(Brief Article)
September 5, 2001... Houston oilfield services firm Hanover Compressor Co. completed its acquisition of the gas compression unit of New York energy services giant Schlumberger Ltd. for $761 million. The deal, announced June 28, consists of $270 million in cash,...

International Paper completes Masonite unit sale.(Brief Article)
September 5, 2001... Stamford, Conn.-based International Paper Co. said Tuesday it completed the sale of its Masonite Corp. business to Premdor Inc. for $527 million in cash and notes, following an agreement with the U.S. Justice Department calling for Premdor to...

Penson Worldwide Inc.(Brief Article)
September 5, 2001... Dallas-based Penson Worldwide Inc. withdrew its estimated $108 million IPO due to market conditions. In an Aug. 31 letter to the U.S. Securities and Exchange Commission, Penson's executive vice president, Philip A. Pendergraft wrote: "The...

RBC Dain Rauscher gets Tamir stake.(Brief Article)
September 5, 2001... RBC Dain Rauscher Wessels agreed Tuesday to acquire a minority stake in Tamir Fishman & Co., according to a joint announcement. The Minneapolis based investment bank paid $7.6 million for its interest in the privately owned Tamir Fishman....

Stonepath Group taking Air Plus.(Brief Article)
September 5, 2001... Stonepath Group Inc., which announced in June that transportation would be its main focus, is making its first foray into that industry. The Philadelphia incubator of e-commerce and Internet companies said Tuesday it would buy Air Plus Ltd.,...

SyVox.(Brief Article)
September 5, 2001... Telecommunications speech applications provider SyVox Corp. of Boulder, Colo., has tapped $4.7 million in funding led by technology partner Psion Teklogix of Toronto. Other participants in the round included The Hillman Co. of Pittsburgh and...

Vordel.(Brief Article)
September 5, 2001... Dublin-based Vordel Ltd. said Monday it has completed a $10 million second round of financing led by Elderstreet DrKC Ltd., a London-based venture capital firm owned by Dresdner Kleinwort Wasserstein, at an undisclosed valuation. (Several...