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Article: Safeguard Announces Focus On Internet Infrastructure; Launches New Strategy with Critical Mass of Internet Infrastructure Companies.
- Article from:
- PR Newswire
- Article date:
- April 10, 2000
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WAYNE, Pa., April 10 /PRNewswire/ --
Safeguard Scientifics, Inc. (NYSE: SFE), a leader in incubating and operating premier Internet infrastructure companies, announced it has narrowed its Internet focus to the infrastructure market and that over the past year has built a critical mass of more than 25 Internet infrastructure companies - a dozen of which were acquired during the first quarter of 2000.
Safeguard is the first major Internet company to move into the infrastructure market - and sees this sector as complementary to its acquisitions in B2B and its large stake in Internet Capital Group. "Safeguard's fundamental strategy will continue to ...