Hi Kemble! Does this company ever stop? :)Leigh
quote.bloomberg.com
Dell To Invest In Japanese Technology Start-ups, Nikkei Says
By Yoshiko Matsushita
Tokyo, March 20 (Bloomberg) -- Dell Computer Corp., the
biggest direct-seller of personal computers in the U.S., will set up a division at its Japanese subsidiary, Dell Computer KK, to invest in information technology start-up companies, the Nihon Keizai newspaper said, without citing sources. While more U.S. technology firms are investing in Japanese start-up companies, giving a Japanese subsidiary the right to decide which companies to invest in is rare. Dell plans to initially invest in 10 to 20 companies, aiming to make a profit on its investment once the
companies sell shares to the public, the report said.
In an attempt to offset slowing PC sales, Dell is targeting
more profitable areas of the computer market; on March 10 it said it would introduce a new line of servers as early as this month aimed at small businesses that use the Internet. For the Nikkei web site, see {NKEI }
(Nihon Keizai, 3/20) |
