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Re: Zeev Hed post# 180881

Friday, 12/12/2003 2:06:56 PM

Friday, December 12, 2003 2:06:56 PM

Post# of 704041
I didn't see much in Velio press release today other that they where giving cash for assets of a company where principals are "old friends".
CTO Velio is professor at Stanford where RMBS co-founder Dr. Horowitz has professorship and VP of sales of Velio came from Chromatic Research where other RMBS co-founder Farmwald was CEO after leaving RMBS. RMBS provided similar cash investment to Chromatic Research before ATI eventually bought them out and RMBS investment was repaid.

Isn't it great to have IP company with both IP and Cash. It tends to buy you freinds who only have IP.

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