Follow us:

Microsoft Pri0

Welcome to Microsoft Pri0: That's Microspeak for top priority, and that's the news and observations you'll find here from Seattle Times technology reporter Matt Day.

April 20, 2006 at 6:45 PM

Vodafone moves out West

Dow Jones reported today that Vodafone, one of the largest wireless carriers in the world, has relocated its venture capital arm to Silicon Valley.

The newswire reported that while it is not a seismic shift for Vodafone’s venture investing, it signals a new desire to get a closer look at burgeoning technologies such as Web 2.0 software and digital home networking, according to Peters Suh, Vodafone Ventures’ president.

The word is that Suh moved to Walnut Creek, Calif. five months ago from Vodafone’s headquarters in Newbury, U.K.

Part of his mandate, Suh told Dow Jones, is to oversee a more “proactive” engagement by Vodafone Ventures with innovative start-ups and potential VC firm partners to help advance the parent company’s interests. While five of Vodafone Ventures’ investors remain in Europe, Suh said, two undisclosed individuals are now assisting him in scoping out the scene in California.

As mobile phones have developed to function like computers, Suh said Vodafone decided to look for start-ups with cutting-edge computing technology, rather than trying to build it in-house.

Suh cautioned against predicting a wave of new investments by Vodafone, which deals from a 100 million pound fund. Still, perhaps Suh will hop on a plane to the Northwest, where a number of new companies are emerging based on the area’s expertise in software and wireless.

Comments | More in Wireless & telecom

COMMENTS

No personal attacks or insults, no hate speech, no profanity. Please keep the conversation civil and help us moderate this thread by reporting any abuse. See our Commenting FAQ.



The opinions expressed in reader comments are those of the author only, and do not reflect the opinions of The Seattle Times.


The Seattle Times

The door is closed, but it's not locked.

Take a minute to subscribe and continue to enjoy The Seattle Times for as little as 99 cents a week.

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►
The Seattle Times

To keep reading, you need a subscription upgrade.

We hope you have enjoyed your complimentary access. For unlimited seattletimes.com access, please upgrade your digital subscription.

Call customer service at 1.800.542.0820 for assistance with your upgrade or questions about your subscriber status.

The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Activate Subscriber Account ►