Giza and JAIC will also direct portfolio companies to other Japanese investors.
Giza Venture Capital announced today that it had signed a cooperation agreement with Japan Asia Investment Co. (JAIC). Under the unique agreement, JAIC will be Giza’s partner in Japan for joint investments in portfolio companies. JAIC will also direct Giza portfolio companies to other investors, customers, and potential partners in Japan.
Giza and JAIC will also set up a joint fund that will expose Israeli companies to strategic partners and strategic investors in Japan’s semiconductor, telecommunications, and IT industries. The joint fund will be a platform for Japanese entities interested in exposure to the Israeli technology market, but which lack a presence in Israel or teams specializing in investment in Israeli companies.
Published by Globes [online], Israel business news - www.globes.co.il - on November 14, 2006
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