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Kam nach Boersenschluss Tuesday, March 28, 2000 U.S. Money Flows Into Japan Net Start-Ups TOKYO (Nikkei)--Big U.S. venture capitalists and manufacturers are pouring money into Japanese Internet start-up firms, The Nihon Keizai Shimbun has learned. The U.S. companies believe the creation of Nasdaq Japan and other markets will make it both easier and quicker for Japanese start-ups to list. They also aim to acquire new technologies offered by the Japanese ventures. GE Capital Corp., Japanese firms Jafco Co. (8595) and Itochu Techno-Science Corp. plan to invest 1.78 billion yen Wednesday in Sapporo software developer Softfront Inc. The investment will boost Softfront`s capital by more than a factor of 6 to 1.24 billion yen. Softfront plans to sell systems that can send and receive audio and graphics over the Internet at high speeds in Japan and the U.S. Depending on the terminal, its system can send audio data with a delay of just 0.09 second, the fastest in the world and more than four times the speed of earlier systems, including that developed by Microsoft Corp. The company expects sales of 600 million yen in the year through Friday and will increase its work force to 250 from the current 100 employees. The firm plans to go public during fiscal 2001. A consortium of seven companies, including Compaq Computer Corp. and chip giant Intel Corp., recently invested 800 million yen in software developer 10art-ni Corp. 10art-ni will use the funds for R&D and will work with the group on software development, sales of manufactured goods and other operations. 10art-ni specializes in developing Linux and Java software. Combining the two systems cuts costs, so markets related to the two systems are growing rapidly. The company aims to list on Mothers, the Tokyo Stock Exchange`s market for start-ups this year. |
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| aus der Diskussion: | Gute Neuigkeiten von JAFCO! |
| Autor (Datum des Eintrages): | Ikarus (29.03.00 08:34:30) |
| Beitrag: | 1 von 2 (ID:713726) |
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