Agilent Technologies' Venture Unit Invests in Acer Technology Ventures Asia Pacific.PALO ALTO Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. -- Agilent Technologies This article needs sources or references that appear in reliable, third-party publications. Alone, primary sources and sources affiliated with the subject of this article are not sufficient for an accurate encyclopedia article. Inc. (NYSE NYSE See: New York Stock Exchange :A) today announced that Agilent Ventures has invested in Acer Acer trees of the family Aceraceae. Acer rubrum ingestion of wilted or dries leaves of this tree causes acute hemolytic anemia characterized by red urine, jaundice, anemia and methemoglobinemia in horses. Technology Ventures Asia Pacific Ltd.'s (AcerVC's) IPF (Itanium Processor Family) See Itanium. III, which is focused on making venture capital investments in China. AcerVC's IPF III will be investing in technology-based private companies in China that are focused on developing products and services for both China and global markets. The fund's investment team has an extensive operational background in global technology companies and has successfully invested in a number of Asia-based startups. "Agilent Ventures' investment in AcerVC's latest China-focused fund demonstrates Agilent's ongoing commitment to China," said Maximilian Schroeck, managing director of Agilent Ventures. "China has rapidly become one of the largest markets for Agilent's products, and we are continuously strengthening our R&D efforts there. By investing in AcerVC's IPF III, Agilent will be able to build strategic relationships with leading China-based startup companies The creator of this article, or someone who has substantially contributed to it, may have a conflict of interest regarding its subject matter. It may require cleanup to comply with Wikipedia's content policies, particularly neutral point of view. developing innovative technologies and products." "We are very excited to have Agilent Technologies as an investor in our new China-focused fund," said William Lu, chairman and general partner for Acer Technology Ventures Asia Pacific. "We invest in China-based startups that stand to benefit from market or technology affiliation with the rest of Asia, Europe and North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . Agilent develops and markets innovative technology products globally and will be able to help our portfolio companies tremendously, both technically and strategically." About Acer Technology Ventures Asia Pacific Ltd. AcerVC is an independent venture management company of the Acer group. It manages IPF I, IPF II and IPF III, totaling about $200 million, and has leading technological and financial groups as limited partners. All the funds are focused on investing in high-tech startups in the Greater China region. Additional information is available at www.acervc.com.cn. About Acer Group Acer Group ranks among the world's top-five branded PC vendors, designing and marketing easy, dependable IT solutions that empower empower verb To encourage or provide a person with the means or information to become involved in solving his/her own problems people to reach their goals and enhance their lives. Established in 1976, the Acer Group had revenues of more than $4.9 billion in 2003 and currently employs 7,800 people supporting dealers and distributors in more than 100 countries. Additional information is available at www.acer.com. About Agilent Ventures Agilent Ventures is a business unit of Agilent Technologies Inc. dedicated to investing globally in groundbreaking, privately held, early-stage technology companies. Additional information about Agilent Ventures, as well as investment proposal forms, is available at www.agilentventures.com. About Agilent Technologies Agilent Technologies Inc. (NYSE:A) is a global technology leader in communications, electronics, life sciences and chemical analysis. The company's 28,000 employees serve customers in more than 110 countries. Agilent had net revenue of $6.1 billion in fiscal year 2003. Information about Agilent is available on the Web at www.agilent.com. Note to Editors: Further technology, corporate citizenship Corporate Citizenship The extent to which businesses are socially responsible in meeting legal, ethical and economic responsibilities placed on them by shareholders. The aim it to create higher standards of living and quality of life in the community in which it operates, while and executive news is available on the Agilent news site at www.agilent.com/go/news. |
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