OnLive founder Steve Perlman is replaced as CEO following a sudden and unexpected restructuring.
Category: People
Schillace searches for way into Box
Schillace had spent a little over a year at Google Ventures before joining Box after its recent $125m round.
Cat stretches for logistics stake
Platinum Equity bought out Caterpillar Logistics Services, which has hired Jos Opedeweegh as chief executive from the same role at Americold Realty Trust, a provider of frozen food logistics.
PepsiCo starts drinks venturing
US-based soft drinks maker PepsiCo is developing an emerging beverages team similar to one run by peer Coca-Cola. The Beverage Growth Ventures team will be led by Chris Lansing, general manager of Pepsi’s Naked Juice and Izze division, news provider BevNET said, and would rival Coca-Cola’s Venturing and Emerging Brands (VEB) group.
Gaule’s Question Time: Shire
Gaule: Give a brief description of the purpose of Shire Strategic Investment Group (SIG). Melincoff: SIG was offcially formed in early 2010 and its purpose is to establish access to early-stage companies with pioneering technologies and therapeutics that can provide for future collaborations and acquisitions. Each investment is made with sponsorship from one of the… Continue reading Gaule’s Question Time: Shire
Peter Barry starts Tane Mobile
By email former Vodafone Ventures head Barry said he was also doing some consulting work in Australia.
Fidelity preps biotech expansion
US-based mutual fund manager Fidelity Investments’s biosciences venture unit is to launch a UK operation next month. Fidelity Biosciences, which has Fidelity as its limited partner, is one of the largest venture units in life sciences with an 18-strong team and Simon Clark, managing partner of the separate Fidelity Growth Partners, said last week the… Continue reading Fidelity preps biotech expansion
Pierson joins Syngenta Ventures
David Pierson joins Syngenta Ventures after seven years as a partner at US-based Intersouth
Prabhakar becomes DARPA director
Arati Prabhakar, a partner at US Venture Partners, becomes director of the Defense Advanced Research Projects Agency [DARPA].
P&G makes Becker business development head
Laura Becker, the new head of Procter & Gamble’s Becker Global business development group, running its innovation programme has worked for P&G in a wide range of roles since 1990.
Polacek looks at distressed clean-tech
GE venture investor Jerry Polacek shifts to being managing director of fixed income and distressed investing at GE Energy Financial Services.
Intel Capital hires Shoham and Weinryb
Intel Capital has recruited Yair Shoham, formerly of Israel-based venture firm Genesis Partners, and Merav Weinryb, formerly of Pitango Venture Capital, which the corporate venturing unit says “reflects the abundance of innovative businesses and technologies” in Israel.
Qualcomm expands global team
Qualcomm Ventures, the corporate venturing unit of US-listed technology company Qualcomm, has expanded its team in Europe, the US and Latin America. Carlos Kokron has joined as managing director of Latin America based in São Paulo, Brazil, after previous roles including as director of Intel Capital for Latin America and Southwest US and as a… Continue reading Qualcomm expands global team
Smart Design hires Hui
Gordon Hui was previously assistant vice-president in US-based insurer Hartford Financial Services Group’s innovation and corporate venture capital group