BCE Capital/Summerhill Ventures Scores a Liquidity Event
Been crawling through the August/Labour Day pile of work. More blogging soon (lord knows, there's lots to blog about!). But in the mean time, rejoice in Toronto's Summerhill Ventures, which celebrates a liquidity event thanks to its portfolio company Intellon,sold for $244 million in cash and stock.
It's nice to see some gains in the US market make their way north of the border.
It's nice to see some gains in the US market make their way north of the border.
posted by Suzanne Dingwall Williams at
10:53 AM
1 Comments:
congrats to the Intellon team and their investors! Intellon made a smart move acquiring Cogency (a Toronto venture backed start-up) to drive their domination of Powerline comms and a smart move by all Intellon investors remaining committed to the market opportunity.
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