|
|
|
 Friday, January 2, 2009 Venture-Backed Liquidity Reaches 5 Year Low U.S., venture-backed companies are seeing their lowest liquidity in five years, according to a report released today by Dow Jones VentureSource. Dow Jones found that there was only $24.1 billion in IPOs and M&A in 2008, making 2008 the worst year in terms of liquidity for the venture capital industry since 2003. Dow Jones said the totals were down 58% from the liquidity produced in 2007. In the fourth quarter, there was only $3.9 billion generated via merger and acquisitions, and no IPOs. Even w (More info...) posted on Friday, January 2, 2009(Full story) Atmel Sells German Operations San Jose-based Atmel said earlier this week that it has completed its sale of its Heilbronn, Germany wafer fabrication operations. Atmel said it sold the operations to Tejas Silicon Holdings (UK) Limited, including the transfer of 260 Atmel employees. Financial terms of the sale were not disclosed. Atmel said the sale is part of a move to reduce the number of manufacturing facilities at the firm from five to two. posted on Friday, January 2, 2009(Full story) |
|
