Venture funds for B2B e-commerce all the rage
EDS, CMGI, Andersen Consulting, Cambridge Technology Partners and Time Warner are setting up venture funds aimed at capturing a slice of the lucrative business-to-business e-commerce niche.
latest developments |
EDS is only the latest firm to set up a venture fund aimed at capturing a slice of the lucrative business-to-business e-commerce niche, widely perceived as the next big thing on the Internet. Andersen Consulting, Cambridge Technology Partners and Time Warner recently announced similar plans, and CMGI may take its venture arm public. "EDS sees the need for innovative services and opportunities to be developed to help further its own offerings and to better serve its clients. The fund will foster the development of these services." - Dick Brown, EDS chief executive |
| Feeding the venture capital fever Venture capital fever is burning among a host of companies seeking to nab a piece of the Internet economy by nurturing start-ups.
EDS sets up $1.5 billion e-business venture fund
CMGI may take venture arm public
Andersen plans venture capital unit
New Cambridge incubator program has risks, rewards
Time Warner drops $500 million into digital media fund |