AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

German exit for Giza Venture Capital.

Asia Africa Intelligence Wire

| April 28, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Batya Feldman

Abiomed (Nasdaq: ABMD) of the US has acquired German start-up Impella CardioSystems. Abiomed will pay $1.8 million in cash and 4.4 million in shares, plus further payments of up to $30 million, depending on milestones to be achieved by Impella. The deal is likely to reach $100 million, the company's estimated value.

Under the acquisition contract, investors in Impella, including Israeli fund Giza Venture Capital, Accelerated Technologies Inc. (ATI), Oxford Bio-Science Partners, Medica Venture Partners, and ABN Amro, will collectively hold the largest stake in Abiomed. Each of the …

Related articles from newspapers, magazines, journals, and more
Tmura.(Global Ventures and Giza Venture Capital)(Israeli Public Service...
Newspaper article from: The Daily Deal July 6, 2001 700+ words
Venture capital investments down 43% in Q2.
News wire article from: Asia Africa Intelligence Wire July 25, 2002 700+ words
D&B Israel 100: Pitango Israel's largest venture capital company.
News wire article from: Asia Africa Intelligence Wire March 1, 2005 700+ words
IVC: Venture capital investments fell 9% in third quarter.
News wire article from: Asia Africa Intelligence Wire October 27, 2002 700+ words
Outlook for Israeli venture capital dims.
Newspaper article from: The Daily Deal April 9, 2002 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily