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Hitachi is creating a venture to build air-conditioners there.
They considered creating a venture capital firm that would invest in industries like the almond business in the north of the country.
SAN FRANCISCO — Google, which has invested in many startups over the years, will announce on Tuesday that it is creating a venture capital arm whose main objective will be to turn a profit.
The Reader's Digest Association, the publisher of the No. 1 United States magazine by circulation, said yesterday that it was creating a venture with a unit of Merck & Company to sell discounted prescription drugs on the Internet.
It was a classic tale of success in the Internet age, and the two men decided -- in the peculiar vernacular of the Web -- to leverage their success at starting Flycast by creating a venture capital firm to finance other new technology businesses.
Thomas has proposed keeping the money flowing by creating a venture philanthropy fund that would seek contributions from private donors.
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ALLTHINGSD Ontario Pension Fund to Create Venture Arm | The Ontario Municipal Employees Retirement System plans to create a venture capital fund to invest around $180 million over the next three years.
Sumitomo Mitsui and Yahoo Japan will create a venture that will buy Sumitomo Mitsui's 57percentt stake in Japan Net.
Seventeen years ago, SAP created a venture arm with the aim of gaining a toehold in promising new start-ups.
Last year, the group created a venture through which to invest up to $50 million in high-technology enterprises.
Daniel Senor and Saul Singer recently wrote Start-Up Nationn," a book about Israel, the only country that has created a venture capital network to rival Silicon Valley.
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