Jefferies & Company is a leading global investment bank with over 2,000 employees in 27 offices worldwide. It has a highly differentiated approach focusing on full-service relationship banking for growth companies. The document outlines Jefferies' technology group and investment banking capabilities, with a focus on its experience in Asia, the mobile media industry, and trends in Chinese and technology company investment and IPOs.
Mercer Capital's Value Focus: FinTech Industry | First Quarter 2015Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. In addition, each issue of this quarterly newsletter will focus on one FinTech segment, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity for the segment.
Mercer Capital's Value Focus: FinTech Industry | First Quarter 2015Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. In addition, each issue of this quarterly newsletter will focus on one FinTech segment, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity for the segment.
White Star Capital Eastern US Venture Capital Landscape 2019White Star Capital
Following in the footsteps of the reports that we have published on Canada, UK, Germany, France, Japan, and South Korea, we are delighted to share our newest report covering the NYC and US East Coast Venture Capital ecosystem. This report focuses not only on NYC but also includes Boston, which has been a long term power in the East Coast’s VC ecosystem, as well as emerging states including Florida, Georgia, North Carolina, Virginia, and the District of Columbia, each of which have had at least two companies raise mega-rounds of $100m or more.
How the COVID-19 pandemic will accelerate digital financial services.Benjamin Ensor
We are living through the worst public health crisis in a century.
The travel bans, physical distancing and lockdown measures necessary to control the coronavirus pandemic have shut down normal life and, with it, entire sectors of the world’s economies. That has triggered massive economic consequences and a deep global recession that threatens to overwhelm many companies and households.
The short-, medium- and long-term consequences for the financial services industry are severe.
My colleague Sarah Kocianski and I, and the team at 11:FS, have assessed how banks, investment management firms and insurance companies are going to be affected, and what their leaders can do about it.
Survival depends on evolution.
Rapid change will create opportunity for fast-moving digital businesses.
SEE WHATS NOTEWORTHY IN PRIVATE EQUITY THIS WEEK /// ISSUE 153 - Sept 12th, 2014:
- VC’s Appetite Leaves Silicon Innovators Scrabbling for Cash
- Family Office Invests in Harvard’s School of Public Health
- Record-Breaking Selling: US PE
- Billion Euro Reha Clinic Buyout
- China’s Largest PE Deal in a Resurging Market
- Quote of the Week: Angels are Everywhere
CxO Roadmap: Designing a Fintech Strategy Around Your Legacy Core IT SupplierKelli Wilkinson
Senior Execs struggle with how to pick the best alternative fintech suppliers while simultaneously de-handcuffing from one-sided legacy core relationships. With so many choices appearing in the market CEOs want to know which neo-cores are ready? What fintech suppliers are mature enough to partner? How does the bank structure a greenfield deal with a new market entrant and manage the associated business risk?
CEOs need strategic insights on how to set the vision and direct their franchise to take advantage of the fintech opportunity without creating too much disruption with clients, staff and the bottom line. Information is pouring in from all directions on fintech and it has become difficult to adopt the right strategy in a fragmented evolving marketplace providing many options.
This session will provide an unbiased, no BS summary for non-technical CEOs ready to lead their franchise in the new fintech era while minimizing the long term hold that legacy core IT suppliers have on them.
Tracxn - Top Business Models - Nordics Tech - Oct 2021Tracxn
We are back with our latest report on top #BusinessModels in based on #Tracxn's #proprietary #taxonomy rebrand.ly/euc8o9g
Get our free reports on geo of your interest to your mailbox regularly
Tracxn - Monthly Report - Sweden Tech - Oct 2021Tracxn
Check out @Tracxn's #curated latest #startup activity in #Tech rebrand.ly/q8riibr
Subscribe for free https://rb.gy/3yuosu to access reports on your #Geography of interest, every month!
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. In addition, each issue of this quarterly newsletter will focus on one FinTech segment, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity for the segment.
Tracxn - Geo Monthly Report - Australia And New Zealand Tech - Nov 2021Tracxn
Check out @Tracxn's latest #GeoMonthlyReport on #Tech rebrand.ly/m261cpi
For more #free #Monthly #StartupReports on geography of your interest, subscribe here: https://rb.gy/3yuosu
Tracxn - Monthly Report - Netherlands Tech - Oct 2021Tracxn
Check out @Tracxn's #curated latest #startup activity in #Tech rebrand.ly/c80osz1
Subscribe for free https://rb.gy/3yuosu to access reports on your #Geography of interest, every month!
White Star Capital Eastern US Venture Capital Landscape 2019White Star Capital
Following in the footsteps of the reports that we have published on Canada, UK, Germany, France, Japan, and South Korea, we are delighted to share our newest report covering the NYC and US East Coast Venture Capital ecosystem. This report focuses not only on NYC but also includes Boston, which has been a long term power in the East Coast’s VC ecosystem, as well as emerging states including Florida, Georgia, North Carolina, Virginia, and the District of Columbia, each of which have had at least two companies raise mega-rounds of $100m or more.
How the COVID-19 pandemic will accelerate digital financial services.Benjamin Ensor
We are living through the worst public health crisis in a century.
The travel bans, physical distancing and lockdown measures necessary to control the coronavirus pandemic have shut down normal life and, with it, entire sectors of the world’s economies. That has triggered massive economic consequences and a deep global recession that threatens to overwhelm many companies and households.
The short-, medium- and long-term consequences for the financial services industry are severe.
My colleague Sarah Kocianski and I, and the team at 11:FS, have assessed how banks, investment management firms and insurance companies are going to be affected, and what their leaders can do about it.
Survival depends on evolution.
Rapid change will create opportunity for fast-moving digital businesses.
SEE WHATS NOTEWORTHY IN PRIVATE EQUITY THIS WEEK /// ISSUE 153 - Sept 12th, 2014:
- VC’s Appetite Leaves Silicon Innovators Scrabbling for Cash
- Family Office Invests in Harvard’s School of Public Health
- Record-Breaking Selling: US PE
- Billion Euro Reha Clinic Buyout
- China’s Largest PE Deal in a Resurging Market
- Quote of the Week: Angels are Everywhere
CxO Roadmap: Designing a Fintech Strategy Around Your Legacy Core IT SupplierKelli Wilkinson
Senior Execs struggle with how to pick the best alternative fintech suppliers while simultaneously de-handcuffing from one-sided legacy core relationships. With so many choices appearing in the market CEOs want to know which neo-cores are ready? What fintech suppliers are mature enough to partner? How does the bank structure a greenfield deal with a new market entrant and manage the associated business risk?
CEOs need strategic insights on how to set the vision and direct their franchise to take advantage of the fintech opportunity without creating too much disruption with clients, staff and the bottom line. Information is pouring in from all directions on fintech and it has become difficult to adopt the right strategy in a fragmented evolving marketplace providing many options.
This session will provide an unbiased, no BS summary for non-technical CEOs ready to lead their franchise in the new fintech era while minimizing the long term hold that legacy core IT suppliers have on them.
Tracxn - Top Business Models - Nordics Tech - Oct 2021Tracxn
We are back with our latest report on top #BusinessModels in based on #Tracxn's #proprietary #taxonomy rebrand.ly/euc8o9g
Get our free reports on geo of your interest to your mailbox regularly
Tracxn - Monthly Report - Sweden Tech - Oct 2021Tracxn
Check out @Tracxn's #curated latest #startup activity in #Tech rebrand.ly/q8riibr
Subscribe for free https://rb.gy/3yuosu to access reports on your #Geography of interest, every month!
Mercer Capital's Value Focus: FinTech Industry | 4Q 2014 | Focus: 2014 FinTec...Mercer Capital
Mercer Capital’s quarterly newsletter, FinTech Watch, provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and articles of interest from around the web. In addition, each issue of this quarterly newsletter will focus on one FinTech segment, including payment processors, technology, and solutions companies, examining general economic and industry trends as well as a summary of M&A and venture capital activity for the segment.
Tracxn - Geo Monthly Report - Australia And New Zealand Tech - Nov 2021Tracxn
Check out @Tracxn's latest #GeoMonthlyReport on #Tech rebrand.ly/m261cpi
For more #free #Monthly #StartupReports on geography of your interest, subscribe here: https://rb.gy/3yuosu
Tracxn - Monthly Report - Netherlands Tech - Oct 2021Tracxn
Check out @Tracxn's #curated latest #startup activity in #Tech rebrand.ly/c80osz1
Subscribe for free https://rb.gy/3yuosu to access reports on your #Geography of interest, every month!
HBS 10th Year Reunion: Section J, Reflections and PredictionsDave Liu
Reunions are a time to reflect on what has happened and what is to come. Here are my own thoughts on what we've all lived through and if its any indication of what's to come...WOW!
These are the slides that accompanied the Q1 2021 Quarterly Investment Briefing for West of England on 25th March. The event included lightning talks from Richard Cobb Michelmores MAINstream, Oliver Woolley CEO Envestors and Gaurav Singh JPIN Venture Catalysts.
Slides 68-70 include information about those 17 companies that are actively raising investment in Q1 2021. Check out the disclaimer - these aren't recommendations, just information.
Lending Platforms - Presentation by Samir Desai, Co-Founder & CEO of Funding Circle at the NOAH Conference London 2017, Old Billingsgate on the 3rd of November 2017.
US-EU Meeting Alternative Finance PresentationGrow VC Group
Summary about alternative finance market in the US and EU, including API economy model, new finance instruments and cooperation of new and old finance models.
Start-up Stage - Home Automation - Presentation by Marco Attisani, CEO of Watly at the NOAH 2015 Conference in London, Old Billingsgate on the 12th of November 2015.
Perspective on Innovation in Asset ManagementThierry Zois
These slides will give you a good overview on the current asset management market in Europe, South East Asia and US.
Finch believes that it is currently in the right position to be disrupted - come figure out why.
2014 Tech M&A Monthly - New World of BuyersCorum Group
The world of buyers for technology companies is very different than it was just a few years ago. The rise of Private Equity, a new generation of international buyers, disruptive change creating new tech giants and destabilizing old ones – today, your ultimate buyer may be someone you've never heard of, in a country you've never visited. In the August edition of the Tech M&A Monthly webcast, join Corum Group dealmakers and experts as they examine the new classes of buyers that you need to be aware of as you consider your company’s future. Plus the key deals trends and valuations of the last month, and a special report on M&A in the gaming sector.
Fintech - Investing Platforms: Company Presentation by Andrew Kaye, President & CIO of OurCrowd at the NOAH Conference 2018 in London, Old Billingsgate 30-31 October 2018.
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualityInflectra
In this insightful webinar, Inflectra explores how artificial intelligence (AI) is transforming software development and testing. Discover how AI-powered tools are revolutionizing every stage of the software development lifecycle (SDLC), from design and prototyping to testing, deployment, and monitoring.
Learn about:
• The Future of Testing: How AI is shifting testing towards verification, analysis, and higher-level skills, while reducing repetitive tasks.
• Test Automation: How AI-powered test case generation, optimization, and self-healing tests are making testing more efficient and effective.
• Visual Testing: Explore the emerging capabilities of AI in visual testing and how it's set to revolutionize UI verification.
• Inflectra's AI Solutions: See demonstrations of Inflectra's cutting-edge AI tools like the ChatGPT plugin and Azure Open AI platform, designed to streamline your testing process.
Whether you're a developer, tester, or QA professional, this webinar will give you valuable insights into how AI is shaping the future of software delivery.
State of ICS and IoT Cyber Threat Landscape Report 2024 previewPrayukth K V
The IoT and OT threat landscape report has been prepared by the Threat Research Team at Sectrio using data from Sectrio, cyber threat intelligence farming facilities spread across over 85 cities around the world. In addition, Sectrio also runs AI-based advanced threat and payload engagement facilities that serve as sinks to attract and engage sophisticated threat actors, and newer malware including new variants and latent threats that are at an earlier stage of development.
The latest edition of the OT/ICS and IoT security Threat Landscape Report 2024 also covers:
State of global ICS asset and network exposure
Sectoral targets and attacks as well as the cost of ransom
Global APT activity, AI usage, actor and tactic profiles, and implications
Rise in volumes of AI-powered cyberattacks
Major cyber events in 2024
Malware and malicious payload trends
Cyberattack types and targets
Vulnerability exploit attempts on CVEs
Attacks on counties – USA
Expansion of bot farms – how, where, and why
In-depth analysis of the cyber threat landscape across North America, South America, Europe, APAC, and the Middle East
Why are attacks on smart factories rising?
Cyber risk predictions
Axis of attacks – Europe
Systemic attacks in the Middle East
Download the full report from here:
https://sectrio.com/resources/ot-threat-landscape-reports/sectrio-releases-ot-ics-and-iot-security-threat-landscape-report-2024/
Essentials of Automations: Optimizing FME Workflows with ParametersSafe Software
Are you looking to streamline your workflows and boost your projects’ efficiency? Do you find yourself searching for ways to add flexibility and control over your FME workflows? If so, you’re in the right place.
Join us for an insightful dive into the world of FME parameters, a critical element in optimizing workflow efficiency. This webinar marks the beginning of our three-part “Essentials of Automation” series. This first webinar is designed to equip you with the knowledge and skills to utilize parameters effectively: enhancing the flexibility, maintainability, and user control of your FME projects.
Here’s what you’ll gain:
- Essentials of FME Parameters: Understand the pivotal role of parameters, including Reader/Writer, Transformer, User, and FME Flow categories. Discover how they are the key to unlocking automation and optimization within your workflows.
- Practical Applications in FME Form: Delve into key user parameter types including choice, connections, and file URLs. Allow users to control how a workflow runs, making your workflows more reusable. Learn to import values and deliver the best user experience for your workflows while enhancing accuracy.
- Optimization Strategies in FME Flow: Explore the creation and strategic deployment of parameters in FME Flow, including the use of deployment and geometry parameters, to maximize workflow efficiency.
- Pro Tips for Success: Gain insights on parameterizing connections and leveraging new features like Conditional Visibility for clarity and simplicity.
We’ll wrap up with a glimpse into future webinars, followed by a Q&A session to address your specific questions surrounding this topic.
Don’t miss this opportunity to elevate your FME expertise and drive your projects to new heights of efficiency.
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Connector Corner: Automate dynamic content and events by pushing a buttonDianaGray10
Here is something new! In our next Connector Corner webinar, we will demonstrate how you can use a single workflow to:
Create a campaign using Mailchimp with merge tags/fields
Send an interactive Slack channel message (using buttons)
Have the message received by managers and peers along with a test email for review
But there’s more:
In a second workflow supporting the same use case, you’ll see:
Your campaign sent to target colleagues for approval
If the “Approve” button is clicked, a Jira/Zendesk ticket is created for the marketing design team
But—if the “Reject” button is pushed, colleagues will be alerted via Slack message
Join us to learn more about this new, human-in-the-loop capability, brought to you by Integration Service connectors.
And...
Speakers:
Akshay Agnihotri, Product Manager
Charlie Greenberg, Host
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...UiPathCommunity
💥 Speed, accuracy, and scaling – discover the superpowers of GenAI in action with UiPath Document Understanding and Communications Mining™:
See how to accelerate model training and optimize model performance with active learning
Learn about the latest enhancements to out-of-the-box document processing – with little to no training required
Get an exclusive demo of the new family of UiPath LLMs – GenAI models specialized for processing different types of documents and messages
This is a hands-on session specifically designed for automation developers and AI enthusiasts seeking to enhance their knowledge in leveraging the latest intelligent document processing capabilities offered by UiPath.
Speakers:
👨🏫 Andras Palfi, Senior Product Manager, UiPath
👩🏫 Lenka Dulovicova, Product Program Manager, UiPath
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...James Anderson
Effective Application Security in Software Delivery lifecycle using Deployment Firewall and DBOM
The modern software delivery process (or the CI/CD process) includes many tools, distributed teams, open-source code, and cloud platforms. Constant focus on speed to release software to market, along with the traditional slow and manual security checks has caused gaps in continuous security as an important piece in the software supply chain. Today organizations feel more susceptible to external and internal cyber threats due to the vast attack surface in their applications supply chain and the lack of end-to-end governance and risk management.
The software team must secure its software delivery process to avoid vulnerability and security breaches. This needs to be achieved with existing tool chains and without extensive rework of the delivery processes. This talk will present strategies and techniques for providing visibility into the true risk of the existing vulnerabilities, preventing the introduction of security issues in the software, resolving vulnerabilities in production environments quickly, and capturing the deployment bill of materials (DBOM).
Speakers:
Bob Boule
Robert Boule is a technology enthusiast with PASSION for technology and making things work along with a knack for helping others understand how things work. He comes with around 20 years of solution engineering experience in application security, software continuous delivery, and SaaS platforms. He is known for his dynamic presentations in CI/CD and application security integrated in software delivery lifecycle.
Gopinath Rebala
Gopinath Rebala is the CTO of OpsMx, where he has overall responsibility for the machine learning and data processing architectures for Secure Software Delivery. Gopi also has a strong connection with our customers, leading design and architecture for strategic implementations. Gopi is a frequent speaker and well-known leader in continuous delivery and integrating security into software delivery.
Smart TV Buyer Insights Survey 2024 by 91mobiles.pdf91mobiles
91mobiles recently conducted a Smart TV Buyer Insights Survey in which we asked over 3,000 respondents about the TV they own, aspects they look at on a new TV, and their TV buying preferences.
PHP Frameworks: I want to break free (IPC Berlin 2024)Ralf Eggert
In this presentation, we examine the challenges and limitations of relying too heavily on PHP frameworks in web development. We discuss the history of PHP and its frameworks to understand how this dependence has evolved. The focus will be on providing concrete tips and strategies to reduce reliance on these frameworks, based on real-world examples and practical considerations. The goal is to equip developers with the skills and knowledge to create more flexible and future-proof web applications. We'll explore the importance of maintaining autonomy in a rapidly changing tech landscape and how to make informed decisions in PHP development.
This talk is aimed at encouraging a more independent approach to using PHP frameworks, moving towards a more flexible and future-proof approach to PHP development.
Search and Society: Reimagining Information Access for Radical FuturesBhaskar Mitra
The field of Information retrieval (IR) is currently undergoing a transformative shift, at least partly due to the emerging applications of generative AI to information access. In this talk, we will deliberate on the sociotechnical implications of generative AI for information access. We will argue that there is both a critical necessity and an exciting opportunity for the IR community to re-center our research agendas on societal needs while dismantling the artificial separation between the work on fairness, accountability, transparency, and ethics in IR and the rest of IR research. Instead of adopting a reactionary strategy of trying to mitigate potential social harms from emerging technologies, the community should aim to proactively set the research agenda for the kinds of systems we should build inspired by diverse explicitly stated sociotechnical imaginaries. The sociotechnical imaginaries that underpin the design and development of information access technologies needs to be explicitly articulated, and we need to develop theories of change in context of these diverse perspectives. Our guiding future imaginaries must be informed by other academic fields, such as democratic theory and critical theory, and should be co-developed with social science scholars, legal scholars, civil rights and social justice activists, and artists, among others.
GraphRAG is All You need? LLM & Knowledge GraphGuy Korland
Guy Korland, CEO and Co-founder of FalkorDB, will review two articles on the integration of language models with knowledge graphs.
1. Unifying Large Language Models and Knowledge Graphs: A Roadmap.
https://arxiv.org/abs/2306.08302
2. Microsoft Research's GraphRAG paper and a review paper on various uses of knowledge graphs:
https://www.microsoft.com/en-us/research/blog/graphrag-unlocking-llm-discovery-on-narrative-private-data/
Assuring Contact Center Experiences for Your Customers With ThousandEyes
Svc Wireless Final
1. Jefferies & Company, Inc. Wireless Investing – A Wall Street Perspective SVC Wireless Technology Association June 24, 2006 CONFIDENTIAL DRAFT
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4. Considerable Asian Investment Banking Experience Japan Korea * Transaction completed by team at previous employer Greater China $106,000,000 Initial Public Offering Co-Manager has completed a Series C Round of Financing $37,000,000 has divested its broadcasting equipment subsidiary TV/COM International, Inc., to Confidential Confidential has been acquired by HK$ 882,000,000 Management 速达软件 Superdata Software 速达软件 Superdata Software India has been delisted from the Hong Kong GEM in a management-led buyout sponsored by Initial Public Offering Co-Manager Initial Public Offering Co-Manager Initial Public Offering Co-Manager Sole Placement Agent $13,000,000 Ambow Education has sold a minority stake to $50,000,000 Convertible Notes Offering Sole Manager $160,000,000 has been acquired by 3 CHF80,000,000 Co-Manager Initial Public Offering Joint Book Runner $1,803,000,000 SMIC * $62,000,000 has been acquired by $80,600,000 Initial Public Offering Co-Manager China Finance Online Co. Limited $165,100,000 has divested its Handset Division to has divested certain manufacturing assets to Confidential formerly the graphics unit of Confidential has restructured its Digital Media Business and Merged its Graphics Business with Initial Public Offering Sole Book Runner $92,479,037 * Silicon Motion Initial Public Offering Lead Book Runner $71,454,555 * $30,000,000 has sold certain mobile computing assets to Pequot Capital National Semiconductor Pericom Semiconductor and other investors Och - Ziff Capital has agreed to be acquired by Financial Advisor to the Seller $324,000,000 Access Co. Ltd. Confidential has been acquired by has been acquired by $90,000,000 Financial Advisor to the Seller has been acquired by Confidential Confidential has made a minority investment in Uniccs Co. Ltd. has sold a minority interest to Confidential Confidential has sold a minority stake to $450,000,000 has acquired $38,000,000 has acquired has been acquired by Softbank Kingston Technology Corporation Confidential has been acquired by Softbank $30,000,000 has made a minority investment in SunUp Design Systems, Inc. Electronics Inc. Confidential $34,500,000 Convertible Bond Placement Sole Manager $28,750,000 Convertible Notes Offering Sole Manager $32,200,000 Convertible Notes Offering Sole Manager $38,000,000 Co-Manager $50,000,000 Co-Manager $34,500,000 Convertible Bond Placement Sole Manager $139,800,000 Initial Public Offering (ADS) Co-Manager $80,500,000 Convertible Bond Placement Sole Manager $45,000,000 Convertible Notes Offering Sole Manager Nahar Industrial Enterprises Ltd. $33,000,000 Convertible Notes Offering Sole Manager The Simbhaoli Sugar Mills Limited $50,000,000 Convertible Notes Offering Sole Manager $160,813,125 Initial Public Offering Co-Manager $30,000,000 Convertible Notes Offering Sole Manager ¥11.3 billion $100,000,000 Convertible Notes Offering International Financial Advisor
11. … But Risks of Disintermediation and Operator Dependence Weigh Heavily on the Business Models of Typical WVAS CPs And SPs… Risk 1a: Disintermediation Faced primarily by SPs who risk being squeezed out of the equation by both CPs and mobile operators Risk 1b: Too Far from End-User As goal for CPs should be to capture more of the value chain by getting closer to their customers, middlemen risk being cut out as CPs develop ways to go direct to the end-user Risk 2: Operator Dependence Faced by CPs and SPs alike in that mobile operators currently possess significant control over how content and applications are marketed, distributed, and paid for Generic / Shared Content Channels CP 2 World Wide Web Consumers Risk 1a: Disintermediation Risk 2: Operator Dependence Risk 1b: Too Far from End-User SP 1 CP n CP 1 SP 2 400MM+ mobile; 100MM+ desktop e.g., Mobile Operators, Desktop, IPTV, Cable, etc. e.g., SINA, Namco, Gamevil…and hundreds of thousands of companies e.g., KongZhong, Tom Online, Linktone, Hurray!...and 2,000 other SPs! 10
16. Foreign IPOs Outside of Mainland China Continue To Be Exit Of Choice For Chinese Companies Source: Thomson Financial, CapitalIQ; as of June 16, 2006. Dual listed companies listed by primary exchange. Other exchanges includes London AIM, Mothers, Kuala Lumpur, SG SESDAQ and TSXVenture. Total Number Of Chinese IPOs By Exchange Total Amount Raised Through Chinese IPOs By Exchange Hong Kong New York Nasdaq Singapore Shenzhen Shanghai HK GEM Other Avg. IPO Amt. Since 2000 $262 $1,896 $98 $21 $56 $79 $19 $31 (US$Millions) $0 $5,000 $10,000 $15,000 $20,000 $25,000 $30,000 2000 2001 2002 2003 2004 2005 2006YTD 0 50 100 150 200 2000 2001 2002 2003 2004 2005 2006YTD 15
17. But Recent End Of Yearlong Ban On Share Sales Marks Potential Return Of Domestic China IPO Activity Shanghai Stock Exchange IPO Volume 2004-2006YTD Shenzhen Stock Exchange IPO Volume 2004-2006YTD Shanghai and Shenzhen Stock Exchange Relative Performance Source: Thomson Financial, CapitalIQ; as of June 16, 2006 China CAMC Engineering’s $55mn IPO, the first since the moratorium was lifted in May, was 576x and 100x oversubscribed for the retail (80%) and institutional (20%) portions, respectively. Shares begin trading on June 19. The domestic markets in China have been on a rebound in 2006 but have given back some gains recently due to profit taking and concerns over liquidity as new IPOs flood the market Median IPO Proceeds Since 2004: $43mn Median IPO Proceeds Since 2004: $27mn 16
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21. While Overall M&A Activity Has Been Declining, Technology M&A Has Been On the Rise Technology M&A Transactions Involving Chinese Targets With Deal Value >$20mn Since 2000 All M&A Transactions Involving Chinese Targets With Deal Value >$20mn Since 2000 Source: Thomson Financial; as of June 16, 2006. Includes completed deals with announced consideration and involving the acquisition of >50% ownership. Over 40% of these transactions were cross-border deals Over 50% of these transactions were cross-border deals (US$Millions) 20
22. Followed By A Number Of High Profile Mobile Media Content / Applications M&A Transactions Acquired by Value: $317m P/R: 2.1x P/EBIT: 20.5x Currency: Cash Acquired by Acquired by Value: $671m P/R: 10.2x P/EBIT: 67.3x Currency: Cash/Stock Value: $129m P/R: Conf. P/EBIT: Conf. Currency: Cash/Stock Acquired by Value: $250m P/R: Conf. P/EBIT: Conf. Currency: Cash Chinese WVAS Sector Is Ripe for M&A and Consolidation 21