alarm:clock

News & Updates - Friday, July 22, 2005

ADC Buys FON for $172M & Other Fresh Deals

Investments
GENEVA, Switzerland Echovox Raises $5M (Mobile Content Application)
SEATTLE, WA GraniteEdge Networks Raises $5M (Security)
SEATTLE, WA Farecast Raises $7M in Series B (Online Travel)

M&A
MINNEAPOLIS, MN ADC to Buy Fiber Optic Network for $172M (Telecom Equipment)

Edmonton dominated the Carolina Hurricanes on Saturday night and the 4-0 margin in Game 6 makes it hard to imagine the Oilers not hoisting hockey's Holy Grail above their heads in less than 48 hours. And it would not come as any shock to see defenseman Chris Pronger, who had another 31-minute night, take the honors for the Conn Smythe Trophy as the playoff MVP.

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