DaimlerChrysler Group
Dr. Marianne Tümpen, founder and until recently Managing Director of DaimlerChrysler Venture: "Through this portfolio transaction involving all of its corporate venture investments, DaimlerChrysler continues to execute against its strategy of focusing on core business. After a thorough review process, we have chosen to transact with Cipio Partners as a competent partner for the portfolio, combining the relevant investment track record and management experience. We are confident that our investees will receive good support while DaimlerChrysler's corporate interests are being safeguarded."
Infineon Technologies AG
Infineon Technologies AG commenced sale efforts concerning its venture capital arm in late October 2004. "This disposal forms part of a strategy strictly aimed at focusing us on our core business," commented Dominik Asam, Senior Vice President Investor Relations, Mergers & Aquisitions, Ventures of Infineon Technologies AG. "We are confident that in Cipio we have chosen the partner with the requisite experience to facilitate a timely closing and transfer our corporate venture capital portfolio into good hands."
Deutsche Telekom AG (formerly T-Venture Holding GmbH)
Thomas Grothe, Member of the management committee of T-Venture: "This portfolio transaction, involving all the T-Venture investments without a direct link with Deutsche Telekom's T-Com, T-Mobile, T-Online and T-Systems units, is a further step in executing on our strategy of focusing on core competencies." He adds "By transacting with Cipio Partners, we have chosen a competent partner for the portfolio, combining investment track record and management experience. We are confident that our investees will receive excellent support while Deutsche Telekom interests are being safeguarded. This transaction is the second portfolio disposal that T-Venture has completed with Cipio Partners."
