Life sciences venture capital firm Atlas Venture now has $350 million in fresh capital to invest in the early stage biotech companies in the U.S. and around the world. The new fund is Cambridge, MA-based Atlas’ eleventh. Atlas partner Bruce Booth says in a blog post that the firm began raising funds in April, bringing […]
NYS Entity Status
NYS Filing Date
JULY 22, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - ATLAS BUSINESS CAPITAL, CORP.
Around the Web
- Atlas Venture Unveils New $350M Fund for Seed Biotech Investments
By Frank Vinluan - Thursday Jun 29, 2017
- Troubled Toshiba, Bain finalize sale of memory-chip business
By YURI KAGEYAMA, AP Business Writer - Thursday Sep 28, 2017
TOKYO (AP) — Toshiba and a consortium led by Bain Capital Private Equity signed a deal Thursday for the sale of the Japanese electronics company's computer memory chip business, a move long opposed by Toshiba's U.S. joint venture partner Western Digital.The consortium includes Apple Inc. and Dell Technologies Capital as U.S. investors, who will not acquire common stock or voting rights over the business. The sale of Toshiba Memory Corp. is priced at 2 trillion yen ($18 billion).The deal was widely expected as Tokyo-based Toshiba Corp., which also has railroad and nuclear energy units, had announced it earlier, and the board signed off on it last week.
- Apple in talks with Bain for Toshiba chip business
By Takako Taniguchi and Peter Elstrom - Thursday Aug 31, 2017
Apple is wading into the middle of the battle for Toshiba’s memory-chip business. The Cupertino iPhone maker is in talks with Bain Capital to bid for the unit, in competition with a group that includes KKR & Co. and Western Digital Corp., according to people familiar with the matter. Bain had previously submitted a $19 billion offer with another group that included state-backed Innovation Network Corp. of Japan and Development Bank of Japan. Apple depends on flash memory from Toshiba in its iPhones and iPods and wants a continued supply so it’s not dependent on rival Samsung. “There are supply shortages of that type of memory,” Michael Walkley, an analyst with Canaccord Genuity.
- Near The East River, Plans Emerge For NY’s Next Life Science Center
By Ben Fidler - Monday Aug 21, 2017
At a time when biotech incubators and shared spaces are beginning to multiply in Manhattan, work on what could rank among the city’s largest biotech centers—if it can all come together—is just getting underway. According to Paul Wexler, a longtime healthcare-focused real estate broker, construction should begin next year on what is being called the […]
- Marine Corps Plane Crash: The Victims
By THE NEW YORK TIMES - Thursday Jul 13, 2017
Family members and friends have begun identifying many of the 16 American service members who died on Monday when their plane crashed in rural Mississippi.
- Jeffrey Immelt Set to Retire as General Electric Chief
By CHAD BRAY - Monday Jun 12, 2017
John Flannery, who has been with General Electric since 1987 and leads its health care unit, is to become chief executive on Aug. 1 and chairman on Jan. 1.