Friday, August 1, 2008

Nokia eyes Asia with boost in venture capital

will put a solid portion of a new $150 million contribution to its
direct venture capital fund to back companies in India and China,
according to Chief Financial Officer Rick Simonson, who said Nokia
Growth Partners has preformed "as well or better than we expected"
since its 2004 inception. The fund has backed startups whose
innovations -- such as mobile payments and camera technologies -- could
help Nokia. Yahoo! (07/31)

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