Financial Pressures Constrain State and Local Government Hiring: Study Shows …

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Financial Pressures Constrain State and Local Government Hiring: Study Shows …
State and Local Government Workforce: 2012 Trends is a follow-up to three previous studies that have looked at questions related to the size of the workforce, compensation and benefits, and employees' plans for retirement. The top workforce issue cited …
Read more on SYS-CON Media (press release)

Politics live blog: PMQs and unemployment figures update
Jim Pickard and Andrew Bounds in the Financial Times (subscription) says that most citities voting on whether to have an elected mayor next month are expected to vote no. Plans for elected mayors could be a damp squib, with as few as three cities …
Read more on The Guardian (blog)

Woog's World / Saving pro athletes from spending it all
And it's led to his other sideline, as a founder of the Sports Financial Advisors Association. The organization assists financial planners who work with pro athletes. He is also active in the Sports Lawyers Association. Through it, he and a team of …
Read more on Westport-News

Anadigm® Secures $15M In Third Funding Round Led by Atlas Venture. Investment to Fund Business Growth and Further Programmable Analog IC Developments

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(PRWEB) October 4, 2003

CAMPBELL, CA (PRWEB)October 2, 2003 — Anadigm®, the programmable analog company, today announced the closing of a new round of financing worth $ 15 million.

This C round of funding, led by Atlas Venture with ongoing investment from 3i, Quester and NIF Ventures, points to Anadigm®’s success in winning market acceptance for its field programmable analog array (FPAA) integrated circuits, which offer an analog equivalent to the digital field programmable gate array (FPGA).

Anadigm® was founded in January 2000 as a spin-off from Motorola. More than 140 customers are designing Anadigm® FPAA technology into their products to provide complex filtering, signal conditioning, and closed loop control functions in consumer audio, industrial, and communications systems.

The company’s product offering combines programmable silicon with easy-to-use software tools that drastically reduce the time needed to design, verify, and bring to market embedded systems with analog interfaces. Anadigm®’s FPAAs are moreover the industry’s first such chips that can adapt on the fly to perform multiple functions, adjust to different environmental and electrical conditions, or compensate for equipment aging.

“Anadigm® offers one of the few analog technologies that is both innovative and disruptive,” said Gerry Montanus, Senior Principal at Atlas Venture. “The recent launch of the company’s Anadigmvortex product line has brought the company industry-wide attention, and demonstrates the market’s readiness for a technology that will reduce the cost of analog circuit design, manufacturing, and innovation. Real-world interfaces are essential to a very wide range of electronic systems, and we are delighted to be part of Anadigm®’s ambitious project of revolutionizing the way they are conceptualized and implemented.”

The funding will be used to continue to expand Anadigm®’s business in all geographical markets and support ongoing product development activities. The investment will also support additional enhancements to the software used to program the company’s Anadigmvortex FPAAs, which remove the complexity from analog design and reduce the time for analog implementations from months to minutes.

“We are excited to be moving forward with the support of these leading venture capital firms. 3i and Quester have been very supportive of the business and were instrumental in bringing in Atlas Venture,” said Bill McLean, Anadigm® President and CEO. “Our FPAA solutions continue to gain traction in the marketplace and customer engagements are validating our technology’s value-add. The investment will allow us to implement the next stage of our product strategy and to further penetrate our target markets.”

###

About Atlas Venture

Atlas Venture is the leading international early-stage venture capital firm, investing in communications, information technology and life sciences companies. Atlas Venture has investing offices in Boston, London, Munich and Paris, and its investments are evenly divided between the United States and Europe. Founded in 1980, Atlas Venture has organized six international funds, and currently manages more than $ 2.1 billion in committed capital. The Atlas Venture investment team is comprised of seasoned operating executives and career venture capitalists that have been deeply involved in the formation and development of more than 300 companies worldwide. Visit Atlas Venture on the Web at http://www.atlasventure.com.

About 3i

3i brings capital, knowledge and connections to the creation and development of businesses around the world. It invests in a wide range of opportunities from start-ups to buy-outs and buy-ins, focusing on businesses with high growth potential and strong management. 3i invests in businesses across three continents through local investment teams in Europe, Asia Pacific and the USA. To date, 3i has invested over £15 billion (including co-investment funds). In the 12 months to 31st March 2003 an average of £3.7 million (including co-investment funds) was invested each working day. 3i’s current portfolio is valued at almost £4 billion. http://www.3i.com

About Quester

Quester is one of the UK’s leading independent venture capital groups specialising in the provision of finance and management support for growth companies at all stages of their life. Quester’s focus is on early stage investments in information and communication technology, healthcare and life science companies. With its first rate track record, Quester has earned a reputation as one of the best UK based sources of venture capital. The Quester investment team manages approximately £300 million on behalf of major institutional investors, leading UK universities, and five quoted venture capital trusts. http://www.quester.co.uk.

About NIF

NIF Ventures Co Ltd manages approximately $ 1.5 billion in venture capital funds, and has invested in over 1,400 companies since its establishment in 1982. With offices in Japan, Taiwan, Singapore, and the United States, NIF offers worldwide representation. Its primary investment focus is in the information and communications technology industries. http://www.nif.co.jp

About Anadigm®

Anadigm® brings platform-based design to the analog world with pre-qualified software and hardware components that allow complex analog circuits to be implemented in an analog equivalent to the FPGA. Designed to implement signal conditioning, filtering, data acquisition, closed-loop control, and other analog functions in a wide range of embedded systems, Anadigm® FPAAs are first programmable analog ICs that can adapt on the fly to perform multiple functions, adjust to different environmental conditions, or compensate for equipment aging. Founded in January 2000 as a venture-backed technology spin-off from Motorola, Anadigm® maintains U.S. headquarters in Campbell, Calif., and European headquarters in Crewe, U.K. For further information, visit Anadigm® on the Web at http://www.anadigm.com.

Anadigm® and AnadigmDesigner® are registered trademarks of Anadigm®. All other trademarks appearing herein are the property of their respective owners.



More Venture Capital Trusts Press Releases

Staples.com Survey Reveals Businesses Can Manage Without the Boss, But Not the …

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Staples.com Survey Reveals Businesses Can Manage Without the Boss, But Not the …
FRAMINGHAM, Mass., Apr 19, 2012 (BUSINESS WIRE) — In honor of National Administrative Professionals' Day, a Staples.com survey provides insight on the "office VIP," finding the administrative assistant more crucial than the boss in many offices.
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Calling Creative Cooks: Online Cooking Competition Creates Big Buzz in the …
Described by online bloggers as an "addictive shopping experience," zuuzs makes online shopping fun and social. zuuzs is a property of Nectar Online Media, Inc. MakobiScribe is a blog dedicated to finding the best gift ideas and sweepstakes for every …
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Seeing Is Believing: Visualization Improves Risk Management

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Seeing Is Believing: Visualization Improves Risk Management
Developing a repeatable, actionable risk management plan for your entire organization is best accomplished by creating a template that can be reused in every project. You can then operationalize the plans with a collaborative platform so that all team …
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Timberline Announces 36% Increase to Its Measured & Indicated Gold Resource at …
The updated resource, which now also includes the South Adit zone, increases our confidence in the viability of the project and provides additional basis for an internal scoping study planned for later this year. We will continue to advance Lookout …
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Sample, sweat, bargain hunt
By Jessica Stephen, Correspondent There's a passion for wine behind The Ruby Tap, a new wine-tasting room that Plan Commission members tentatively approved Tuesday. "It's always been a dream to open a tasting room," said Brook Boomer, co-owner of the …
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Episode 117 – Advanced Investing II: Enterprise Investment Schemes

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Moving on to EIS’s now. These are similar to the Venture Capital Trusts we talked about last time, but have even more tax benefits, as long as you are happy to accept that the quid pro quo is higher risk of loss.
Video Rating: 5 / 5

Christoper Carosa, CTFA Help Sponsors and Managers Avoid 401(k) Compliance …

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Christoper Carosa, CTFA Help Sponsors and Managers Avoid 401(k) Compliance …
Carosa describes the book's purpose as follows: “In an economy that demands focused attention, 401k plan sponsors need to focus on their business, not their employee benefits. Ironically, this same economic environment provides an ideal opportunity to …
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CDISC Releases New Protocol Representation Toolkit
By Business Wire The Clinical Data Interchange Standards Consortium (CDISC) is pleased to announce today at the CDISC European Interchange Conference in Stockholm, Sweden, the release of the first iteration of a Protocol Representation “Toolkit” for …
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Garda Delivers Solid 2012 Results with Strong Momentum in the Second Half of …

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Garda Delivers Solid 2012 Results with Strong Momentum in the Second Half of …
… one of the leading Security Solutions, Cash Logistics and Global Risk Consulting firms in the world, announced today its financial results for the fiscal year ended January 31, 2012, executing flawless integration of new business start-ups in US …
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The Business Finance Store Outlines How to Calculate When a Small Business …
The Business Finance Store discusses a way small business owners can calculate when they start making a profit. Santa Ana, CA (PRWEB) April 18, 2012 Yahoo Inc. announced that, in the first quarter of 2012, its profit rose 28% to $ 286 million, …
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Latest Sample Business Plan Pdf,Blog News

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White House hopes Do Not Pay will be agencies' one-stop solution for …
Agencies must develop a plan for conducting pre-payment eligibility reviews using Do Not Pay and submit a draft plan to OMB by June 30, according to an April 12 memorandum (.pdf) from Office of Management and Budget Acting Director Jeff Zients.
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The sorry state of Android hardware fragmentation
[Updated: February 23, 2010] – Adrian Kingsley-Hughes has no business relationships, affiliations, investments, or other actual/potential conflicts of interest relating to the content posted so far on this blog. Adrian Kingsley-Hughes is an …
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David Cameron delivers big society speech: Politics live blog
It's an automated feed that tweets the start of every new post that I put on the blog. 9.35am: Nick Clegg's decision to intervene in the government's secret courts plan is dominating the headlines today. The Daily Mail splashes on the story, …
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Anadigm® Secures $15M In Third Funding Round Led by Atlas Venture Investment to Fund Business Growth and Further Programmable Analog IC Developments

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(PRWEB) October 4, 2003

CAMPBELL, CA (PRWEB) October 2, 2003 — Anadigm®, the programmable analog company, today announced the closing of a new round of financing worth $ 15 million.

This C round of funding, led by Atlas Venture with ongoing investment from 3i, Quester and NIF Ventures, points to Anadigm®’s success in winning market acceptance for its field programmable analog array (FPAA) integrated circuits, which offer an analog equivalent to the digital field programmable gate array (FPGA).

Anadigm® was founded in January 2000 as a spin-off from Motorola. More than 140 customers are designing Anadigm® FPAA technology into their products to provide complex filtering, signal conditioning, and closed loop control functions in consumer audio, industrial, and communications systems.

The company’s product offering combines programmable silicon with easy-to-use software tools that drastically reduce the time needed to design, verify, and bring to market embedded systems with analog interfaces. Anadigm®’s FPAAs are moreover the industry’s first such chips that can adapt on the fly to perform multiple functions, adjust to different environmental and electrical conditions, or compensate for equipment aging.

“Anadigm® offers one of the few analog technologies that is both innovative and disruptive,” said Gerry Montanus, Senior Principal at Atlas Venture. “The recent launch of the company’s Anadigmvortex product line has brought the company industry-wide attention, and demonstrates the market’s readiness for a technology that will reduce the cost of analog circuit design, manufacturing, and innovation. Real-world interfaces are essential to a very wide range of electronic systems, and we are delighted to be part of Anadigm®’s ambitious project of revolutionizing the way they are conceptualized and implemented.”

The funding will be used to continue to expand Anadigm®’s business in all geographical markets and support ongoing product development activities. The investment will also support additional enhancements to the software used to program the company’s Anadigmvortex FPAAs, which remove the complexity from analog design and reduce the time for analog implementations from months to minutes.

“We are excited to be moving forward with the support of these leading venture capital firms. 3i and Quester have been very supportive of the business and were instrumental in bringing in Atlas Venture,” said Bill McLean, Anadigm® President and CEO. “Our FPAA solutions continue to gain traction in the marketplace and customer engagements are validating our technology’s value-add. The investment will allow us to implement the next stage of our product strategy and to further penetrate our target markets.”

###

About Atlas Venture

Atlas Venture is the leading international early-stage venture capital firm, investing in communications, information technology and life sciences companies. Atlas Venture has investing offices in Boston, London, Munich and Paris, and its investments are evenly divided between the United States and Europe. Founded in 1980, Atlas Venture has organized six international funds, and currently manages more than $ 2.1 billion in committed capital. The Atlas Venture investment team is comprised of seasoned operating executives and career venture capitalists that have been deeply involved in the formation and development of more than 300 companies worldwide. Visit Atlas Venture on the Web at http://www.atlasventure.com.

About 3i

3i brings capital, knowledge and connections to the creation and development of businesses around the world. It invests in a wide range of opportunities from start-ups to buy-outs and buy-ins, focusing on businesses with high growth potential and strong management. 3i invests in businesses across three continents through local investment teams in Europe, Asia Pacific and the USA. To date, 3i has invested over £15 billion (including co-investment funds). In the 12 months to 31st March 2003 an average of £3.7 million (including co-investment funds) was invested each working day. 3i’s current portfolio is valued at almost £4 billion. http://www.3i.com

About Quester

Quester is one of the UK’s leading independent venture capital groups specialising in the provision of finance and management support for growth companies at all stages of their life. Quester’s focus is on early stage investments in information and communication technology, healthcare and life science companies. With its first rate track record, Quester has earned a reputation as one of the best UK based sources of venture capital. The Quester investment team manages approximately £300 million on behalf of major institutional investors, leading UK universities, and five quoted venture capital trusts. http://www.quester.co.uk.

About NIF

NIF Ventures Co Ltd manages approximately $ 1.5 billion in venture capital funds, and has invested in over 1,400 companies since its establishment in 1982. With offices in Japan, Taiwan, Singapore, and the United States, NIF offers worldwide representation. Its primary investment focus is in the information and communications technology industries. http://www.nif.co.jp

About Anadigm®

Anadigm® brings platform-based design to the analog world with pre-qualified software and hardware components that allow complex analog circuits to be implemented in an analog equivalent to the FPGA. Designed to implement signal conditioning, filtering, data acquisition, closed-loop control, and other analog functions in a wide range of embedded systems, Anadigm® FPAAs are first programmable analog ICs that can adapt on the fly to perform multiple functions, adjust to different environmental conditions, or compensate for equipment aging. Founded in January 2000 as a venture-backed technology spin-off from Motorola, Anadigm® maintains U.S. headquarters in Campbell, Calif., and European headquarters in Crewe, U.K. For further information, visit Anadigm® on the Web at http://www.anadigm.com.

Anadigm® and AnadigmDesigner® are registered trademarks of Anadigm®. All other trademarks appearing herein are the property of their respective owners.

###



More Venture Capital Trusts Press Releases

How Much Does it Cost?

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This is probably the most common question we encounter when selling our product or service. The problem with the question is when it is asked. If the prospect asks too early in the discussion, prior to us discovering the needs, crafting the right solution, demonstrating the benefits, then we can lose the deal before we get started. Eventually the question of cost will come up. What I would like to show you is how to control when you answer the question and give you a higher chance of closing the deal.

The best way to answer the “How much does it cost?” question when it comes too quickly in the discussion is to ask a question back to the prospect. “Right now I’m not sure because we haven’t discussed your needs and desires enough for me to make a good recommendation. In fact, it may be that we don’t have what you really need. So, would it be okay if I asked some more questions in order to be able to find the best solution for you?”

You have asked permission to continue the discussion and by saying that you may not have the solution needed, you have also let the prospect know that you are not going to give them a product that doesn’t work for them.

This is one of the biggest fears people have when making a purchase, especially of a product or service they have never used before. I see this very often with technology products and services. Many times the buyer isn’t sure what they need, how they are going to use it, and if it really is going to help them. Only by asking questions can we help our prospects understand their needs and how our products or services will make their jobs easier.

After you get the okay to continue the discussion, follow-up with some good probing questions to discover what the customer wants to change about their current situation and how they believe your product will fulfill this need.

For example, if we were selling a big screen television, we could ask where the TV was going to be located, how many people would be watching, if they ever had entertainment events at their home where the TV was the center of attention like for the Super Bowl. All of these questions and answers will give you more insight into the usage. Some additional questions could be if the TV was considered a part of the decor or more of a necessary appliance that hopefully fits with the room. Was it going to hang on the wall or be put into an entertainment center?

An additional benefit of asking these types of questions is that you can uncover opportunities. If the prospect talks about how much he enjoys watching movies on the big screen, this opens the door to ask about the sound system. You could offer to provide installation and wiring upgrades to maximize the experience of owning a big screen TV with a movie theater sound system.

Now that you have taken the time to ask all of these questions and gotten the answers, you are ready to have the investment discussion. I recommend making 3 offers which range in price and options based on what you have learned. By doing this you are giving the prospect the ability to stay within their budget while fulfilling their desires for the product. They are the one making the choice giving them power and not feeling that you have pushed a solution on them.

This technique can be used for any product or service and in a face-to-face or a phone conversation. If it is a phone conversation, you will want to offer the 3 options and set a specific time for the prospect to come and see the options for themselves. “Mr. Jones, the three options I think fit your needs the best are Option A for $ 550.00, Option B for $ 650.00 and Option C for $ 800.00. I will set those out for you to look at. Can you come by in the next hour?”

Remember, people don’t like to be sold to but the do appreciate someone who is trying to help solve their problems. Be a problem solver and offer options based on an understanding of the clients needs.

Jody Williams has over 12 years of corporate experience with 3 fortune 100 companies in the industries of banking, energy and telecommunications. He started his business coaching firm to bring his strategic planning and implementation skills to the smaller business owners. He has a desire to help business owners to achieve beyond their wildest imagination and truly create their version of the American Dream.