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Technology Stocks : Dell Technologies Inc.
DELL 126.83-0.3%12:42 PM EST

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To: kemble s. matter who wrote (155535)3/24/2000 1:15:00 PM
From: calgal  Read Replies (2) of 176387
 
Hi Kemble, Just more info on Dell's investments! :)Leigh

news.cnet.com.

Short Take: Cidera nets $36 million, names CEO
By Corey Grice
Staff Writer, CNET News.com
March 24, 2000, 8:55 a.m. PT
Cidera, a satellite-based content distribution company, announced it raised $36 million in funding from Dell Computer, MCI WorldCom and PSINet. The funding first was revealed in the company's federal filings for an initial public stock offering. Cidera, formerly known as SkyCache, also named Richard Hanna as its new chief executive officer. Hanna, who served as president of fixed wireless company Teligent's international division, replaces Doug Humphrey who will remain as chairman of the board of directors.
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