BT and Venture Firms Form NVP Brightstar Incubator

BTexact Technologies has teamed up with Coller Capital and New Venture Partners (NVP) to create a new, independent corporate venturing partnership to be known as NVP Brightstar. The new organization will have the exclusive rights to create new start-up businesses with BTexact using BT's extensive and developing intellectual property portfolio. The total capital commitment of the parties is approximately US$100 million.
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