CONSUL Risk Management secures an €11 million investment
CONSUL Risk Management secures new investment from Softbank Europe Ventures
Kennet Capital backs Finland's VDSL Systems
Kennet Capital ("Kennet"), a venture capital fund focused on European technology, internet and telecoms companies, announced today that it has invested in Finnish technology company VDSL Systems Oy ("VDSL Systems"), which develops VDSL (Very High-Speed Digital Subscriber Line) broadband communications equipment.
Kennet Capital portfolio company, Altitun, acquired by ADC Telecommunications for $872 million
Altitun AB, a Swedish optical components company backed by Kennet Capital, the venture capital fund focused on the European Technology sector, has been acquired by US company, ADC Telecommunications, Inc. (Nasdaq:ADCT) for approximately US$872 million.
Kennet portfolio company, No Wires Needed B.V. to be acquired by Intersil
ntersil Holding Corporation (Nasdaq:ISIL - news), a leader in the rapidly growing integrated communications market, announced today that it has signed an agreement to acquire Bilthoven, Netherlands-based No Wires Needed B.V. for Intersil common stock.
Kennet Capital portfolio company, Paragon Software Ltd sold to Phone.Com for $500 million
In a landmark transaction, it was announced today that Paragon Software Ltd, a company backed in 1998 by Kennet Capital, the venture capital fund focused on European technology companies, was sold to Phone.com (Nasdaq:PHCM) for approximately $500 million.