BELTWAY BIZ

BR>

Deal in the Works: McLean, Va.-based Women's Connection Online made venture capitalist Tim Draper of Draper Fisher Associates in Redwood City, Calif., take notice. When asked in a closing discussion at Red Herring's Venture Market South conference in Atlanta last month if any companies had caught his eye, the venture capital guru singled out the online news service geared toward women. The chief executive of Women's Connection Online, Susan DeFife, managed to hold her audience despite making her presentation in the conference's final slot. More than 20 Netplex companies hoping to spark deals with venture capitalists and investment bankers attended the conference.

Marketing Travels North: Organizers of the 1998 World Congress on Information Technology have planned a March 20 breakfast to market the biennial event to software companies in Boston. World Congress officials planned the breakfast with the Massachusetts Software Council, a nonprofit trade association in Boston. Organizers of the breakfast have sent 2,600 invitations to sponsors of the World Congress, the software council's 400 members and other software companies in Massachusetts, Rhode Island and Connecticut. Gilbert Amelio, chairman and chief executive of Apple Computer Inc., and Josh Bernoff, a senior analyst with Forrester Research, will speak at the breakfast about trends in information technology.

Flew the Coop: When Maxm Systems Corp. of McLean, Va., was acquired by Boole & Babbage of San Jose, Calif., in January, only about 75 company executives and others were laid off. However, almost two-thirds decided to leave the company anyway. According to a spokeswoman for Boole & Babbage, of the 150 Maxm employees, only 52 remained after the acquisition. Boole & Babbage, a developer of enterprise automation software, issued 1.1 million shares of common stock, valued at $25 million on Jan. 16.

Nation's Capital Condensed to a Disk: The Greater Washington Initiative, a regional marketing campaign managed by the Greater Washington Board of Trade, will be releasing a CD-ROM this month on the Washington region. The disk will be used to entice suppliers of local high-tech companies to move to the area. Through colorful video and audio clips the disk will include details on Washington's quality of life, local universities and the area's transportation infrastructure. The economic development organization is currently putting together a list of recipients of the free disk.


Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.