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Showing posts with label operations. Show all posts
Showing posts with label operations. Show all posts

Wednesday, June 19, 2013

Google shuffles the possibility of having for its upcoming financial operations venture capital firms

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Google wants to continue making major investments from technology companies purchase and considering allying with venture capital companies to obtain the necessary financing.

Don Harrison, director of the area of mergers and acquisitions of Google, has confirmed to Bloomberg that his company could invest for economic performance, and others in order to acquire any asset that is interesting to them.

In this scenario, the Mountain View company is considering for the first time the possibility of relying on venture capital firms to help them finance their operations.

In addition, desire that these firms offer once they end operations, professional advice in such a way that they serve as support if the acquired company needs a restructuring.

Harrison also wanted to highlight that purchases that you make from Google will be designed to add any product to its portfolio, and will have the Mission of ensure that users are increasingly "attached" to their online services.

The official revealed that before you buy a company, Google wonder if it offers a service that used the Internet once or twice a day, and if it helps to solve a problem.

That line has been the recent Waze according to Harrison, will serve to improve the Google Maps service and make it more accurate in its indications.

Finally, Harrison has commented that although they take into account the price before you buy a company, they are willing to pay a high amount if it is a product that presents important signs of growth.

Cisco Systems is expected to increase its operations in Israel

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The technology company Cisco Systems will invest $ 15 million in venture capital funds in Israel, a measure that seeks to increase its operations outside the United States.

The technology company Cisco Systems will invest $ 15 million in Israel, venture capital funds a measure that seeks to increase its operations outside the United States.

In particular, it is funds that support integration between Arabs and Israelites and bet by the development of innovative technologies in the field of security.

In that regard, since Cisco will fund research in technologies of security online, as well as one that affects health, industrial and financial sectors.

Likewise, the American company it is forming a network of specialised security consultants and are selecting 100 employees who will join the 2,000 that already has on its staff in Israel.

Cisco last year bought the israeli company NDS, dedicated to producing cards for pay television by vision, by an amount of $ 5 billion.

John Chambers, CEO of Cisco Systems, said that Israel is a power in terms of startups and pointed out that it will be the first country that will be 100% digital thanks to a project to create a fiber optic network super fast which could be ready in less than 3 years, and that his company will provide $ 140 million.

The leader also defended China and United States should be those who take to the world of the crisis, now that their wellbeing depend on other countries.

Finally, Chambers has explained that he will continue most of their investments outside the United States, since your country has high taxes.