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| | rediff.com: Vinod Dham floats fund for chip designs in India |
 | | Vinod K Dham, acclaimed as the father of Intel's Pentium processor, has joined hands with Tushar A Dave, founder of Armedia Inc, to float NewPath Ventures for incubating five hybrid Indo-US companies that will focus on chip-making, embedded software and system design. |
 | | With an initial investment of $5-10 million in each of the five ventures, Dham and Dave will be involved in all the companies being set up in the next 18-24 months as co-founders and managing members of the investing or holding company. |
 | | On account of strong relationships both Dham and Dave have with premier US companies, the marketing focus of the ventures will be initially in the US, and later extended to Japan, Taiwan, Korea and Europe. |
| www.rediff.com /money/2002/jul/11dham.htm (650 words) |
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