Francisco Partners Announces New General Partner, Keith Geeslin.Business Editors MENLO PARK Menlo Park. 1 Residential city (1990 pop. 28,040), San Mateo co., W Calif.; inc. 1874. Electronic equipment and aerospace products are manufactured in the city. Menlo College and a Stanford Univ. research institute are there. 2 Uninc. , Calif.--(BUSINESS WIRE)--Jan. 14, 2004 Francisco Partners, a $2.5 billion technology buyout fund based in Menlo Park, Calif., announces the addition of Keith Geeslin as a new General Partner, effective immediately. Mr. Geeslin comes to Francisco Partners with a wealth of technology investing expertise, having spent the last twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. at one of Silicon Valley's largest and oldest venture capital firms Name Location Founding date Managing Partners/Directors Specialty Capital managed 5AM Ventures Menlo Park, CA; Waltham, MA 2002 John Diekman, PhD (managing partner), Scott Rocklage, PhD (managing partner), Andrew Schwab (managing partner) life sciences $200M [1] , the Sprout Group. In 2003, Forbes Magazine named Mr. Geeslin one of the world's top 50 Venture Capitalists. Earlier in his career, he was a general manager of a division of Tymshare, and held various positions at its Tymnet subsidiary. Previously, he was a staff member of the U.S. Senate Commerce Committee working on telecommunications industry policy. Mr. Geeslin holds a B.S. in Electrical Engineering electrical engineering: see engineering. electrical engineering Branch of engineering concerned with the practical applications of electricity in all its forms, including those of electronics. and a M.S. in Engineering-Economic Systems, both from Stanford University Stanford University, at Stanford, Calif.; coeducational; chartered 1885, opened 1891 as Leland Stanford Junior Univ. (still the legal name). The original campus was designed by Frederick Law Olmsted. David Starr Jordan was its first president. , as well as a M.S. in Philosophy, Politics and Economics from Oxford University. Mr. Geeslin currently serves on the boards of directors of CommVault Systems CommVault Systems Inc. (NASDAQ: CVLT) is a United States based company specializing in data and storage management software. Created in 1988 as a development group in AT&T's Bell Labs, the group produced AT&T's in-house backup software, Automatic Backup, Archive and Recovery , GoBeam, Legerity, Paradyne (PDYN), Synaptics (SYNA), and yIPes Communications. About Francisco Partners Francisco Partners was founded to pursue structured investments in technology companies undergoing strategic, technological, and operational inflection points. Francisco Partners targets majority and minority investments in private companies, public companies, and divisions of public companies, with transaction values ranging from $30 million to over $2 billion. The principals of Francisco Partners have a proven track record, having invested more than $2 billion of equity capital in more than 30 technology companies, including some of the most successful technology buyouts ever affected. The firm also has an exclusive, long-term relationship with Sequoia Capital Sequoia Capital is a venture capital firm founded by Don Valentine in 1972. The firm's partners include Don Valentine, Pierre Lamond, Michael Moritz, Doug Leone, Mike Goguen, Mark Stevens, Jim Goetz, Sameer Gandhi, Roelof Botha, and Mark Kvamme. , one of Silicon Valley's most prominent and successful venture capital firms. Francisco Partners' recent investments include the purchase of XcelleNet from Sterling Commerce, the purchase of Legerity from Advanced Micro Devices, the purchase of AMI Semiconductor, the purchase of Global eXchange Services from GE, the purchase of Ultra Clean Technology from Mitsubishi and the purchase of NPTest from Schlumberger. For additional information, visit www.franciscopartners.com. |
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