To: Ed Perry who wrote (3684 ) 10/27/1998 2:48:00 PM From: Glenn Perry Respond to of 17679
This is no lame duckā¦duck.com "Duck works with major companies to build custom solutions for various digital video applications, such as the Tellus Video-On-Demand service in Edmonton, Canada." Gee, that sounds like something Ampex should be involved in...duck.com "1996 saw Duck expand with new business and an investment from Edelson Technology Partners, a high-technology investment fund." Let's see what else Edelson Technology Partners is involved in...edelsontech.com Edelson Technology Partners is a unique venture capital partnership that provides strategic assistance to major multinational corporations involved in a wide variety of business endeavors. The common theme of the corporate partners is that all are dependent on technology to maintain their leadership. The corporate partners operate symbiotically with the General Partner and in harmony with each other. Located in Bergen County, New Jersey, 30 minutes from New York City, ETP manages more than $100 million in venture capital. In its first ten years of operation, ETP invested in 70 companies located primarily in the U.S. but also in Europe, Asia, and Canada. In 1984, Edelson Technology Partners was formed with corporate investments from AT&T, Paramount Communications (now Viacom), and a private investment firm, GDA Technology Partners. A year later, Minnesota Mining & Manufacturing (3M) became the third corporate limited partner. In 1988, ETP II was formed with investments by the three original corporate partners and Cincinnati Bell, Ford Motor Company, and Combustion Engineering (now Asea Brown Boveri). In 1994, ETP III was formed with investments from AT&T, Ford Motor Company, 3M, Colgate-Palmolive, Reed Elsevier and GDA Technology Partners. By investing corporate funds rather than pension funds, the corporate partners have signified that their investments are for strategic purposes. In this regard, the General Partner provides the limited partners with a variety of investment banking services in addition to the so called window on technology.When appropriate, portfolio companies are introduced to the corporate partners for potential business liaisons or mergers. Numerous relationships have been established between ETP portfolio companies a nd the ETP corporate partners. ETP operates as an independent entity. All decisions by the Partnership are made autonomously by the General Partner. The General Partner is...edelsontech.com Harry Edelson formed Edelson Technology Inc., which serves the technology interest in venture capital, consulting, and mergers and acquisitions. One of the partners is Imation Imation was created by the spin-off of 3M's imaging and information businesses. With revenues of $2.3 billion, 9,000 employees, and operations in 60 countries, Imation is a worldwide leader in the imaging and information industry. Its primary business is Removable Data Storage, Printing & Publishing Products, Medical Imaging Systems, Private Photo Film, and Hardware and Customer Service. Imation is capitalizing on the migration to digital technology by exploiting the natural links between the company's development, manufacturing, and distribution operations. While products and systems will continue to serve existing markets, future efforts increasingly will combine systems, products and processes into comprehensive solutions that cross traditional and customer lines. This could be the link.