Another one bites the dust

It’s more than a year into the credit crisis, and the death toll is still rising.
Cadence Design Systems’ bid for rival chip design software maker Mentor Graphics has become the latest casualty, with Cadence ending its bid because financing terms were no longer attractive.
Cadence would have had to raise more than $1.1 billion in debt to pay for […]

Private equity and the Russia-Georgia conflict

PE Hub’s Dan Primack has an interview with Michael Bleyzer, CEO of Ukraine-based private equity firm SigmaBleyzer, on the impact of the Russia-Georgia conflict and investing in the former Soviet Union.
Dan: Is there much of a private equity market in Georgia?
Michael: I’m not aware of anyone activity investing there, although that doesn’t mean there is […]

Cuil’s Patterson: “I Wasn’t Sure It Would Work”

Long before Cuil was the most talked about startup in the Valley, it was a side project that stay-at-home dad Tom Costello was tinkering with behind his wife’s back. Why? She worked at Google and as he told friends at the time, “I can’t do search my

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Where Cuil Goes from Here

Tom Costello doesn’t care what the haters say, he’s dead set on making Cuil into a Google challenger. (He claims the hyped-up-phrase “Google killer” never came from them.) Costello says it’s a “travesty” that no one has taken Google on

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Take a Tour of Cuil

We thought we’d give you a little behind-the-scenes extra of our visit to Cuil: Anna Patterson giving you the grand tour. For those of you outside the Valley, it’s the quintessential startup with few offices and tons of bikes. …

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Stock Market Misunderestimating Russia Threat

From ClusterStock, August 15, 2008:Did you hear George Bush’s speech about the Russian invasion of Georgia this morning?
It sounded an awful lot like his father’s “this will not stand” speech
about Iraq’s invasion of Kuwait. That one ultimatel

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Private equity vies for Reed unit

The auction of the trade-magazines business of Anglo-Dutch publisher Reed Elsevier is heating up. First round bids went in a week ago and a number of private equity firms on both sides of the Atlantic are vying for the assets, which include Variety, Farmers Weekly and New Scientist.
The list of private equity names interested includes […]

Foreign affairs

The Russia-Georgia conflict might cast a pall over Russia’s increasing importance as both a source and destination for foreign investment, writes the New York Times’ DealBook.
One of the few brights spots in the world of leveraged buyouts this has been energy, according to DealJournal. But most of that activity takes places outside of the US, […]

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