============================================
THAMES TECH WIRE - Dec. 17, 2004
============================================
To Subscribe: http://www.thamestechwire.co.uk
o Ofcom Proposes Radical Overall of U.K. Commercial Radio
o 3i Director: U.K. Second-Best Place in World for Start-Ups
o Advent Venture Partners Announces First Closing of New Fund
o UTEK Buys U.K.-Based Pharmaceutical Research Exchange
o France-Based Thomson Acquires The Moving Picture Company
o Briefly Noted: Worldwide Incubator Network, Ian Burnett-HALCA
Mini-Fab Development, Cendant-Gullivers Travel-OctopusTravel.com
_____________________________________________
o Ofcom Proposes Radical Overall of U.K. Commercial Radio
London -- Ofcom, the U.K. communications and media regulator, has
proposed a radical expansion of the country's commercial radio
framework. Analysts say the proposal, the first of a two-part industry
review, could lead to the launch of more than 100 digital radio stations
and eventually the offering of services such as music downloads.
Industry experts say the most radical proposal will see two blocks of
spectrum -- tantamount to 20 new digital stations -- sold in an auction.
Ofcom said the spectrum would be open to all bidders, including
telecommunications operators wanting launch new mobile phone
services. "Radio is a dynamic medium at an interesting point of
development," said Ofcom Chief Executive Stephen Carter. "These
proposals seek responses to the prospect of more digital spectrum and a
new approach to content regulation." The closing date for comments on
the "Radio: Preparing for the Future" report is March 7, Ofcom said.
http://makeashorterlink.com/?P20214D0A
_____________________________________________
o 3i Director: U.K. Second-Best Place in World for Start-Ups
London -- According to Rod Perry, executive director of U.K.-based
venture capital giant 3i Group, the U.K. is the second-best country in
the world after the U.S. for start-up firms. 3i Group is one of the largest
VC firms in the world, boasting an investment fund of about £7 billion
(10.2 billion euro) spread across more than 400 technology companies
worldwide. "The big advantage in the U.K. has been the change
towards becoming more entrepreneurial, which happened especially
after the Thatcher years," Perry said in an interview with Computing
Magazine. "Various government schemes have boosted the U.K.'s
standing as a centre for start-ups, such as Chancellor Gordon Brown's
£2.5-billion investment in science and technology." Perry also cited the
introduction of the Sarbanes Oxley Act in the U.S. and the relative
flexibility of the U.K. labour market compared to the rest of Europe as
additional reasons why Cambridge, England, is becoming the new
Silicon Valley.
http://www.computing.co.uk/analysis/1160083
http://www.3i.com/
_____________________________________________
o Advent Venture Partners Announces First Closing of New Fund
London -- Advent Venture Partners, a U.K.-based venture capital firm
that focuses on the IT, communications technology and life sciences
sectors, announced this week that it has completed the first closing of
its latest fund. With total commitments of £128 million (186 million
euro), Advent Private Equity Fund IV's investors include Access
Capital Partners, the European Investment Fund, Pantheon, Westport
Private Equity, Alpinvest Partners and Swiss Re. The target for the
fund is £200 million (291 million euro), Advent said. "We are
particularly pleased to have the continued support of so many of our
existing investors, as well as having the opportunity to welcome new
investors," said Advent Chairman David Cooksey. "We believe that
now is a particularly good time to be investing in European-based
technology companies and that there are excellent opportunities to back
experienced management teams at attractive valuations."
http://www.adventventures.com/html/flash.htm
_____________________________________________
o UTEK Buys U.K.-Based Pharmaceutical Research Exchange
Plant City, Florida -- UTEK, a U.S.-based technology transfer business,
announced that it has acquired Pharma-Transfer, a U.K.-based
pharmaceutical research firm, in a stock transaction of undisclosed
value. Pharma-Transfer was founded in 1998 to track the R&D efforts
of leading universities, research institutions and life science companies
to locate and deliver advanced technology acquisition opportunities to
corporate subscribers in the pharmaceutical industry. The company
currently has more than 3,000 R&D opportunities in its database,
ranging from early stage, pre-patented, pre-clinical and clinical
research to finished products and enabling technologies. "As part of our
mission to become a world-leader in technology-transfer, it is necessary
that we have a robust and diversified supply of new technologies for
our customers to license," said UTEK CEO Clifford Gross. "The
Pharma-Transfer acquisition assists UTEK in achieving this goal."
http://www.utekcorp.com/index.cfm?articleID=128
_____________________________________________
o France-Based Thomson Acquires The Moving Picture Company
Paris -- Thomson, a France-based electronics and media services group,
announced that it has acquired The Moving Picture Company (MPC)
from ITV, a U.K.-based TV broadcaster. Thomson paid 76 million euro
(£52 million) for MPC, which provides visual effects and post-
production services to the motion picture and commercial advertising
industries. "MPC maintains great relationships with the creative
community worldwide, including local U.K. productions, and the
strengths of MPC fit strategically into Thomson's best-of-breed palette
of service offerings to our customers," said Thomson Services Vice
President Danny Raimondo.
http://www.thomson.com/corp/about/ab_home.jsp
_____________________________________________
o Briefly Noted:
(Cardiff, Wales) Andrew Davies, the Welsh Minister for Economic
Development and Transport, announced that a new Worldwide
Incubator Network linking Wales-based companies with knowledge-
based start-ups in Scotland and West Coast technology firms in the
U.S. will be operational early next year. "This innovative initiative will
create global opportunities for local companies through international
networks and link like-minded companies across the world, providing
vital access to knowledge and networks for companies and economic
development agencies," he said. Davies said the project would connect
more than 2,000 technology companies currently in business incubators
managed by the Welsh Development Agency, Scottish Enterprise and
the Pacific Incubator Network.
http://makeashorterlink.com/?E62413D0A
(London) Ian Burnett, a director at semiconductor equipment and
materials association JEMI UK, has called on the local chip industry to
collaborate with Europe and develop a version of Japan's mini-fab
computer-chip production technology. "We have an extremely strong
design base, and a lot of that design base is working on products that fit
the low-volume, short lifetime model, (for which mini-fabs are ideal),"
he said in a report for the U.K. Department of Trade and Industry's
GlobalWatch service. Burnett said the so-called HALCA mini-fab --
built at lower cost and with lower operating expense than traditional
fabs -- would better serve the production requirements of most U.K.
chip firms.
http://makeashorterlink.com/?D1C336D0A
(New York) Cendant, a U.S.-based provider of travel and residential
real estate services, announced that it has acquired two U.K.-based
travel services companies, Gulliver Travel Associates and Octopus
Travel.com, for £570 million in cash. OctopusTravel.com is an online
provider of lodging and destination services, selling directly to
consumers as well as through third-party affiliate and primarily low-
cost airlines. The companies source all travel and services inventory
directly from suppliers in 25 countries and operate as a merchandiser of
travel and tourism content for groups and individuals.
http://biz.yahoo.com/prnews/041216/nyth061_1.html
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
> VP eBusiness Consulting
Want to manage multiple eCommerce, Portal, and web content
management projects for the Fortune 500? Or play a key role in the
growth and strategy of an energetic small company? Or is your
preference getting involved in solution architecture, eBusiness strategy,
and exploring leading edge technologies? Or large-scale IT
implementations for the government? Do it all as VP of eBusiness
Consulting at McFadyen Consulting in Vienna, VA. Learn more at
http://www.McFadyen.com
_____________________________________________
> BI Readiness: A key to ROI For Your Business Intelligence initiative
Join us for a free web seminar and learn about the critical elements of
organizational "BI Readiness", how they can be measured "before" you
undertake your next initiative, and why this is a key element of
achieving return on investment. Thursday, Dec 16, 2:00-3:00pm EST.
Location: At your desk Register at
http://www.decisionpath.com/Events.shtml Send inquiries to
marketing@decisionpath.com
_____________________________________________
> Receive THAMES TECH WIRE Every Day For Free
Please forward this edition of Thames Tech Wire to your colleagues
and suggest that they register on our Web site
(http://www.thamestechwire.co.uk) to receive their own copy.
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
===================================================
To subscribe, go to:
http://www.thamestechwire.com
Questions, comments, news tips, press releases. Send email to:
jim@europeantechwire.com
Copyright: Tech Wire Media Group 2004
--
To unsubscribe/change profile:
http://www.mailermailer.com/x?u=00000f-e6d0b9bf
To subscribe:
http://www.mailermailer.com/x?oid=15534t