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.
posted by Suzanne Dingwall Williams @ 10:53 AM
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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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