Cisco Creates Russian Investment Fund
Ray Le Maistre writes on Light Reading:
Cisco Systems Inc. has set up a "venture capital initiative" to invest in startups and local investment funds in Russia, and has already pumped some cash into a Russian e-commerce Website, the company announced Tuesday.More here.
The vendor, which has already hired a Moscow-based investment manager, is looking for "direct investment opportunities into technology-related startups as well as investments into local venture capital teams targeting the technology industry."
posted by Fergie @ 4/03/2007 12:56:00 PM
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