News & Updates - Wednesday, July 26, 2006
Limelight Takes in $130M in First Round And Other Fresh Deals
Investments
TEMPE, AZ Limelight Networks Has Raised $130M in A First Round Led By Goldman Sachs (Content Delivery Acceleration)
SAN MATEO, CA Digital Chocolate Has Raised $22.5M in Series C (Mobile Phone Games)
SEOUL, KOREA Alticast Has Raised $21M (iTV Technology)
IPO
India WNS Holdings Priced 11.2M ADS at $20 per ADS ($18-$20 range), for an IPO take of approximately $224M. Will Trade As NYSE: WNS (Business Process Outsourcing)
Bad News
SAN FRANCISCO, CA Venture firm Hummer Winblad denied allegations it had deleted emails regarding its investment in Napster. Attorneys for music labels EMI and Universal Music Group claimed Ann Winblad ordered her staff to destroy Napster-related emails.
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Adaptec: The Little Company That Continues To Impress Us
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AIG (AIG:NYSE) today delivered a bombshell instead of the profits analysts predicted. Are we at tech:stocker surprised? Hardly. We've bashed AIG and it's absence of leadership from CEO Robert Willumstad in previous posts. More recently on August 1 w... Full Story
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