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Photonics Lures Venture Capital

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Stephanie A. Weiss

The good news from the PricewaterhouseCoopers Money Tree Survey: Photonics companies attracted more than $816 million in venture capital in the last quarter of 1999. The bad news: Those pesky "dot coms" snatched up $3.5 billion in the same period. Overall, the quarterly survey of American venture capitalists revealed that they invested a record $35.6 billion in 1999, including a whopping $14.69 billion in the fourth quarter. Photonics companies -- firms developing photonic components and systems but not "communications networks" -- accounted for 4 percent of the companies...Read full article

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    Published: April 2000
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