Wednesday, February 26, 2003

Siemens Mobile Acceleration Plans Early Stage Investment in Wireless Start-ups

Siemens Mobile Acceleration, a wholly owned subsidiary of Siemens AG, opened an office in San Jose, California with the goal of providing early-stage investment capital in wireless start-ups. In addition to venture capital, portfolio companies would also benefit from Siemens' sales and marketing channels. Siemens said similar efforts in Europe and Asia have generated impressive results.
http://www.siemens.com/mobile-acceleration