financing
Microsoft leads $24 million investment round in multitouch outfit N-trig
As we saw at CES this past week, Microsoft is ready to look past Vista and move onto their new Windows 7 operating system, which features full multi-touch support. To further push for the advancement of multi-touch technologies and speed up the adoption of the technology in the PC market, the company has just led the latest round in financing multi-touch panel and sensor company N-trig, an Israeli start-up. Other investors in this round include Aurum Ventures, Challenger Ltd., Canaan Partners, and Evergreen Venture Partners.
SCO receives $100 million in private equity
The money pit that is SCO seems to have gotten a lifeline this week in the form of a $100 million dollars in private investment from Stephen Norris Capital Partners (SNCP) and some of its undisclosed associates. There is apparently a restructuring plan in the works. SCO famously attempted to become profitable by suing everything that moved in the Linux world. This detestable plan ended in epic failure and SCO was almost universally reviled by the tech community. Any plans SCO might have for returning to this tactic seem extremely unlikely to succeed. Why would anyone invest in such a mess?















