Securicor Wireless (SWN) has sold software for the wireless phone. The company was established in January 1995 as a 40%-owned subsidiary of Securicor Telesciences (STIs), itself a subsidiary of the British security giant Securicor PLC. Just over a year later, in February 1996, SWN had the opportunity to merge with STI, creating a 70%-owned subsidiary of Securicor PLC and bringing it further under the auspices of the British conglomerate. In the presentation of the events leading up to the decision, the case is the dynamics of the launch of a large corporate investors, including the interaction between such corporate partners and their traditional venture capitalist co-investors. Also addresses the issue of corporate culture and the differences between the U.S. and the UK-based companies / investors. "Hide
by G. Felda Hardymon, Bill Wasik Source: Harvard Business School 18 pages. Publication Date: Feb 04, 1999. Prod. #: 899134-PDF-ENG