The Virtual Computing Environment Co. (VCE), formed from the joint venture of Cisco and EMC, this week said it is establishing headquarters in Richardson, Texas, and hiring 434 people.

The amount of money people put into U.S. venture capital investments nearly returned to pre-recession levels in the second quarter, with most deals going to information technology companies, according to Dow Jones VentureSource.

Az XPRT Ventures szabadalomsértés miatt indított eljárást a PayPal-t tulajdonló online kereskedelmi vállalat ellen, és jelentős összegű kártérítést követel.

BlackBerry Partners Fund, which invests in applications for the BlackBerry and other mobile devices, has come together with China Broadband Capital Partners to set up a US$100 million fund, called BlackBerry Partners Fund China, that will invest in mobile Internet and mobile cloud technologies in China.

Verizon Wireless is bringing together venture capital firms and network equipment vendors, as well as opening a lab for testing devices, as it tries to make sure its LTE (Long-Term Evolution) business hits the ground running.

Sprint Nextel and Clearwire will form a joint venture worth US$14.5 billion to deploy the first nationwide mobile WiMax network, they said Wednesday.

Lezárult az INSIDE Contactless legutóbbi stratégiai befektetési fordulója, a Motorola Ventures is csatlakozott a beruházókhoz.

A laptop under US$100 could reach desks if a new venture formed by former chief technology officer of One Laptop Per Child, Mary Lou Jepsen, can deliver on its promises.

Ask.com CEO Jim Lanzone is quitting after six years with the company, to join a venture capital firm. His replacement, Jim Safka, currently heads Primal Ventures, the venture capital division of Ask.com's parent company IAC.

Second-quarter net profit soared at Nokia Corp. thanks to a large one-time gain from the company's new telecommunications equipment manufacturing venture with Siemens AG.

Sanyo Electric Co. Ltd. and Taiwan's Quanta Computer Inc. have agreed to align elements of their respective TV businesses with the creation of a new joint venture.

Providing further evidence of the booming market for flat-panel televisions, a Japan-based LCD (liquid crystal display) screen maker will double its planned expansion over the next two years, it said Wednesday.

S-LCD Corp., the LCD (liquid crystal display) panel production joint venture of Sony Corp. and Samsung Electronics Co. Ltd., plans to invest a further 222 billion won (US$237 million) to expand production at its factory in Tangjeong, South Korea, it said Wednesday.

Google Inc. and Skype Ltd. have teamed up with two venture capital firms, Index Ventures and Sequoia Capital, to invest ?18 million (US$21.6 million) in Fon Technology SL, a Madrid-based startup that wants to build a global network of Wi-Fi hotspots.