Andersen Consulting to Grab a Piece of the Internet Pie
Steve McVey - December 15, 1999

Event Summary

Andersen Consulting recently announced plans to deploy $1 billion of its privately-held capital to foster growth in web start-ups and new technology companies. Up to half of the stake will be in cash and half in access to intellectual property. The new venture will operate from Silicon Valley, home of Andersen's research facility in Palo Alto, CSTaR (Center for Strategic Technology and Research). Jackson Wilson, formerly the firm's managing partner of global markets, will head Andersen Consulting Ventures in its bid to harvest the Internet economy...