Allegis Capital News
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SAP AG, Europe’s biggest software maker, is celebrating its 40th birthday this week. To stay relevant for the next 40 years, the company is calling on its Silicon Valley venture arm for help.
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AT&T Inc. and Verizon Communications Inc., the two biggest U.S. telephone companies, are taking a page from Silicon Valley’s handbook as they try to ward off new wireless competitors.
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Coraid Inc., a maker of data-storage devices for businesses, raised $50 million from an investor group led by Crosslink Capital to expand its product engineering team and global operations.
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Facebook Inc., with a valuation of $50 billion, looks more like Tencent Holdings Ltd., China’s top Internet company by market capitalization, than fellow U.S. Web company Google Inc.
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Cisco Systems Inc. overhauled a management structure that investors and former employees say slowed decisions, fueled market-share losses and led to an exodus of senior executives.
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Verizon Communications Inc. President Lowell McAdam works a few miles from the New York auditorium where he announced yesterday’s deal to offer Apple Inc. ’s iPhone. It took him four years to get there.
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Nat Goldhaber wants to find the next promising technology startup. He says he’s more likely to discover it among the chalkboards of Berkeley than the whiteboards of Silicon Valley.
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