Asia online gets 100 mil to expand..
``We are very pleased with the new investors who have joined us to participate in the success of Asia Online. We have gained powerful allies in Europe, reinforced our Japanese affiliations, taken on a strategic partner in Taiwan, further expanded our relationships with technically-savvy American and Canadian investors, and garnered support from one the world's most dynamic computer companies,' said Bradley Feld, managing director of SOFTBANK Venture Capital.
The roster of new investors who have signed on to support Asia Online's business direction is led by Paribas Affaires Industrielles (PAI) with participation from ABN AMRO Capital Investment Asia Ltd., Dell Computer, CIBC, Hikari Tsushin, MF Private Capital, PaineWebber, and Systex Capital Group Inc. They join existing shareholders Concentric Network Corporation (Nasdaq: CNCX - news), GE Equity Asia-Pacific, Interliant Inc. (Nasdaq: INIT - news), JP Morgan International Capital Corp, Nexus Group, Pequot Capital Management and SOFTBANK Venture Capital in contributing new capital.
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