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The investment by an American venture firm in a company based in Berlin comes as the city is gaining credibility as one of Europe's largest high-tech hubs.
The largest high-tech buyout of the year meant pay dirt for the employees of Cerent, then a struggling start-up with technology to speed up the Internet.
It was one of the largest high-tech mergers in history.
Today, with American money and know-how, his Informatsionniye Biznes Sistemy (IBS) is the largest high-tech company in Russia.
Yandex is among the largest high-tech companies in Russia, with an estimated workforce of about 2,500 employees.
And Conduit, one of the largest high-tech companies in Israel, opened a temporary child-care center so its employees could bring their kids because schools were closed.
It is home to Matam, one of the oldest and largest high-tech parks in the country.
Shares in 3Com's coms red-hot handheld computing subsidiary soared nearly 300% to $150 in first-day tradingbefore settling at$93.50.Palm's flashy IPO raised $874 million, making it the third-largest high tech offering ever and prompting comparisons with record-setters VA Linux Systems lnux and TheGlobe.com tglo.
Some of the vendors are large, high-tech operations with hundreds of employees themselves.
A large, high-tech Jewish history museum, personally championed by Vladimir V. Putin and underwritten by oligarchs, opened in Moscow on Thursday.
I.B.M. and many other large high-tech companies have hefty patent portfolios, which Mr. Meyerson said deters the companies from suing one another.
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