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Dunmore Recognized in NASAs Spinoff Magazine

2016-02-11 06:00:00| Coatings World Breaking News

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MIT spin-off nuTonomy secures $3.6M to fund self-driving car technology; delivering more human-like experience

2016-02-02 14:55:53| Green Car Congress

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GSK and J&J back $1 billion biotech spin-off from Index Ventures

2016-02-02 14:09:31| Food - Topix.net

Index Ventures, an early investor in technology hits like Skype and Dropbox, is spinning off its biotech portfolio into a new $1 billion business, with backing from drug giants GlaxoSmithKline The new Medicxi Ventures business will be led by the existing life sciences team from Index Ventures and includes all the current biotech portfolio companies. Medicxi said on Tuesday it had raised 210 million euros for a new fund focused on early-stage life sciences investments in Europe, with GSK and J&J each contributing 25 percent.

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GSK and J&J back $1 billion biotech spin-off from Index Ventures

2016-02-02 13:41:59| Biotech - Topix.net

Index Ventures, an early investor in technology hits like Skype and Dropbox, is spinning off its biotech portfolio into a new $1 billion business, with backing from drug giants GlaxoSmithKline The new Medicxi Ventures business will be led by the existing life sciences team from Index Ventures and includes all the current biotech portfolio companies. Medicxi said on Tuesday it had raised 210 million euros for a new fund focused on early-stage life sciences investments in Europe, with GSK and J&J each contributing 25 percent.

Tags: back index billion biotech

 

Federal-Mogul halts Motorparts spinoff

2016-01-26 10:45:06| Auto Parts - Topix.net

Federal-Mogul Corp., the diversified automotive supplier and aftermarket parts maker controlled by investor Carl Icahn, said on Jan. 15 it will not spin off its Motorparts aftermarket parts division as it had planned. The Southfield-based company said in a statement that its Powertrain and aftermarket parts divisions will continue to operate separately under two CEOs that report to Federal-Mogul's board of directors.

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