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December 2012 - January 2013 Vol.17/18 No.12/1

Credibility crunch hits European VC industry

Category: Europe
By By Paul Mackintosh – November 26, 2012

European venture capital circles must still be reeling from the news that much-diminished IT giant Hewlett Packard is facing an US$8.8 billion writedown on the value of its software business, much of it consequent on the $11 billion purchase of British software firm Autonomy, product of the UK’s much-lauded Silicon Fen entrepreneurial cluster.

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