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New Venture Partners appoints Dr Paul Horn to advisory board

06/12/2007Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityCorporate technology spin-out-focused venture firm New Venture Partners has appointed Dr Paul Horn, former director of IBM research, to its advisory board.

Dr Horn led IBM Research for more than a decade, overseeing the development of projects including the Deep Blue supercomputer, the world's first copper chip, the giant magneto-resistive head and strained silicon. He retired from IBM in September of this year.

Recently, he was named a distinguished scientist-in-residence at New York University working with the Stern School of Business, the Courant Institute of Mathematical Sciences and the Graduate School of Arts and Science.

Stewart Davies, chairman of NVP's advisory board, said, 'Paul brings vast experience from the global corporate technology sector and is acutely aware of the value the New Venture Partners' model brings to the industry. He will be a tremendous asset to the team.'

Dr Horn added, 'New Venture Partners is the only venture capital firm with repeat experience in managing the intricacies of corporate technology spin-outs, so joining this team was a natural fit for me.'

Other members of the firm's advisory board include former CEO of BT Exact, Stewart Davies; former CEO of British Telecom, Sir Peter Bonfield; former head of MI6, Sir Richard Dearlove; former COO of Lucent Technologies, Daniel C Stanzione, and chairman of IPValue, Peter Wheeler.

Copyright © 2007 AltAssets

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