This is a project to which it is donating its routers, services, expertise and cash to developing next generation technologies; Qwest will be making available part of its nationwide fiber network; and Nortel is contributing to the development and provisioning of the network.
He's most animated talking about heavyweight products that take patience and piles of cash to develop, weigh tons and last for years — next-generation jet engines, power turbines, locomotives, nuclear plants, water-treatment systems, medical-imaging equipment, solar panels and windmills.
Petróleos Mexicanos, the oil monopoly, is heavily taxed to finance the government's budget and is starved for cash to develop the country's abundant natural gas reserves.
Daimler has already invested $1 billion in that model and has plenty of cash to develop more small cars.Although a European industrial company has never made an acquisition on this scale, the most striking feature of the deal itself is not the size, but its unique structure spanning two continents.
Whitehall surrenders control in certain fields – transport, housing, business rates, a negotiable list of services – and the Treasury puts up cash to develop local infrastructure.
It can't keep incinerating over $400 million a quarter and expect to have enough cash to develop a killer augmented reality hardware device before giants like Apple invade the market.
Localz won £100,000 funding from John Lewis last year to develop the new system, in the first year of the so-called JLab accelerator, which gives fledgling businesses cash to develop products and services that will shape the retail experience of the future.
DETROIT — Edward E. Whitacre Jr., the new chief executive of General Motors, has one big advantage as he tries to turn around the automaker — a stockpile of cash to develop new cars and trucks.
While it does, alternative energy sources will look more affordable and investors will be willing to stump up the cash to develop the technologies involved.
The company said in a statement that the transaction gave it cash to develop new products, to expand internationally and to make acquisitions.
