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Germany: Companies
built 647 days ago
MAGDEBURG, Germany, Nov. 20 /PRNewswire/ --MelTec GmbH, a topological proteomics company, today announced that it has completed its initial round of financing, raising a total of DM 38 million. The financing represents one of the largest seed financings raised by a German biotechnology company. MelTec is a new company formed as a spin-off from the Molecular Pattern Recognition research group, a department of the Medical Neurobiology Institute at the Otto von-Guericke University, Magdeburg.
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Created in 2001 and with headquarters in Munich, Germany, SecurStar GmbH develops encrypted digital security products, which are among the most used software and hardware in the private and corporate markets. Its workforce, consisting of specialists in the IT security area, are constantly trained to help their customers reach the full potential of the software and its applications, seeking their satisfaction and data security. The company is attentive to the needs of the industrial sector, seeking to constantly update its products, and making the latest technology available to its clients.
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IIP Technologies GmbH, based in Bonn (Germany), was established with the objective of developing the first learning retina implants. The company's main shareholders include the German venture capital company Polytechnos, the Swiss technology company Valtronic SA, and the Zug-based investment company IMI Intelligent Medical Implants AG. Valtronic SA, which specializes in developing and manufacturing electronic modules, is ... one of IIP's main technology partners.
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Founded in April 1992, Ingenieurburo Breining GmbH of Kirchheim, Germany, develops and markets specialized office and field software solutions for the German survey and cadastral market. One of the key markets of the company is Baden-Wurttemberg within Germany. Breining's software solutions are closely integrated with field survey hardware, including Trimble's Integrated Surveying portfolio.
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ERLANGEN, Germany, Nov. 1 /PRNewswire/ -- As the cash tender offer expired at 12:00 midnight on Oct. 31, 2007, Siemens intends to accept all validly tendered shares of U.S.-based laboratory diagnostics company Dade Behring. Siemens expects to close the transaction on or about Nov. 6, 2007.
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Germany-based Hypo Real Estate Holding AG lost more than one-third of its market value after it booked U.S. subprime-mortgage-related losses. The company ... announced it will miss its target for return on equity and slashed its dividend.
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