| For Immediate Release |
Contact:
Jeremy Milner
401-862-9422
jeremy@jeremymilner.com
Jill Burnie
617-375-4217
jill.burnie@morgankeegan.com |
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Morgan Keegan Technology Group
ADVISES CURL CORPORATION IN ITS SALE TO
SUMITOMO CORPORATION
Anti-Spam and Web URL Filtering Products Sold to
CyberGuard Corporation
BOSTON, MA (May 21, 2004) – Curl Corporation
announced today its sale to
Sumitomo Corporation, a $28 billion revenue Japanese conglomerate.
Curl was established to extend and commercialize the results
of a three-year, $5 million US Defense Advanced Research
Projects Agency (DARPA) funded research project conducted
at the Massachusetts Institute of Technology (MIT). The company
will continue to develop software that can be used to deliver
rich internet applications. Morgan Keegan Technology Group, LLC, acted
as exclusive financial advisor to Curl Corporation. |
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Morgan Keegan Technology Group is one of the nation's largest investment banks focused exclusively on Mergers & Acquisitions and Private Capital Fundraising Advisory Services for technology companies. All of our clients benefit from senior-level attention from partners with deep sector expertise.
Morgan Keegan Technology Group was founded in 2001 by former senior technology bankers from major Wall Street investment banks. With offices in Boston, San Francisco and Los Angeles, Revolution applies partner-level experience to the successful execution of advisory and financing transactions for emerging technology companies in industry sectors including software, Internet business services, telecommunications, wireless, clean tech, digital media, storage and semiconductors. For more information, visit www.revolutionpartners.com. |
