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Re: News: Xcerion Prepares to Launch XML Internet OS, Northzone Invests 10M USD to Secure Worldwide Launch

  • Subject: Re: News: Xcerion Prepares to Launch XML Internet OS, Northzone Invests 10M USD to Secure Worldwide Launch
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Tue, 13 Mar 2007 23:23:56 +0000
  • Newsgroups: comp.os.linux.advocacy
  • Organization: schestowitz.com / Netscape
  • References: <Q6mdnXyl9cikumrYnZ2dnUVZ_hCdnZ2d@speakeasy.net>
  • Reply-to: newsgroups@xxxxxxxxxxxxxxx
  • User-agent: KNode/0.7.2
__/ [ John Bailo ] on Tuesday 13 March 2007 22:35 \__

> http://press-releases.techwhack.com/8124/xcerion/
> 
> "Northzone Ventures has invested 10 million US dollars in Xcerion AB
> first-round VC funding to launch its collaborative XML Internet OS.
> Xcerion aims to distribute the OS and accompanying applications free as
> a massive service over the Internet.
> 
> Existing shareholders and investors in Xcerion AB includes: Lou
> Perazzoli, one of the original architects of Microsoft Windows NT and
> former General Manager of the Microsoft Core OS group; John Connors,
> former CFO of Microsoft; Terry Drayton, founder and former CEO of
> HomeGrocer.com; and David Löwenbrand, founder of Kreatel. "

It's a big investment, but they enter a market of about a dozen decent Web
OSes. It could get quite congested and there's little demand.

-- 
                ~~ Best wishes 

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