TIME MAGAZINE NAMES EUROPE'S 50 HOTTEST TECH FIRMS 10:24 20.05.02
TIME MAGAZINE NAMES EUROPE'S 50 HOTTEST TECH FIRMS
London (ots) - In this week's issue (on sale May 20), TIME magazine reveals its list of Europe's 50 hottest tech firms. The Hot List is featured in TIME Digital, a quarterly report covering the latest developments in the trends, products and people shaping the world of information technology.
TIME's third annual Hot Companies list identifies Europe's technology firms with the most innovative products and services and the most promising business models. The editors of TIME talked to venture capitalists, industry experts and entrepreneurs across Europe to discover the tech firms with the greatest potential.
This year's list includes Acambis (UK) for its headline-generating $428 million contract to produce 155 million doses of smallpox vaccines for the U.S. government; Infinion Technologies (Germany) for its innovative smart cards, which have seen an increase in demand following the Sept. 11 terrorist attacks in the U.S.; Digital Bridges (UK) for building the technology and developing partnerships that are helping to kick-start the global wireless entertainment industry; Smart Fuel Cell for its revolutionary technology that aims to replace the batteries in laptops and camcorders with micro fuel cells.
Other Hot List companies:
BIOTECH * Actelion (Switzerland) has developed the new drug Tracleer, for the treatment of pulmonary arterial hypertension. * Ark Therapeutics (UK) develops gene-based medicines for the treatment of cancer, vascular and circulatory system diseases and has six new products in development. * Astex Technology (UK) revealed the 3-D structure of a key enzyme involved in drug metabolism, a discovery expected to lead to better understanding of how drugs work in the body. * Cambridge Antibody Technology (UK) develops human monoclonal antibodies as treatment for disease and has seven human therapeutic antibodies in trials. * Celltech (UK) has a profitable pharmaceutical business and seven products in advanced development
SEMICONDUCTORS * Cambridge Silicon Radio (UK) makes single-chip radio devices for wireless communications * STMicroelectronics (Switzerland) is the third-largest company in the semiconductor industry, worth $6.35 billion. * TTPCom (UK) is one of the few intellectual property-rights companies that can offer the complete design of a mobile phone.
OPTICS * Teem Photonics (France) is one of the first companies to recognize that amplifier arrays can generate enormous cost savings in networking cities. * Intense Photonics' (UK) technology squeezes more functions into the chips used in optical networks, helping cut costs. * Kamelian (UK) makes semiconductor optical amplifiers that should pave the way for the cost-efficient all-optical networks of the future.
WIRELESS * Anoto Group (Sweden) converts handwriting into digital information. * IpUnplugged (Sweden) has developed technology that allows consumers to use the same e-mail address at work, at home and on wireless devices. * Network365 (Ireland) is an award-winning company that helps carriers to deploy mobile commerce on their networks.
BUSINESS APPLICATIONS * Autonomy (Based in UK) solves content and knowledge management problems for corporations. * Kiala (Belgium) provides software backbone and distribution services to direct vendors in Europe, from catalogue retailers to beauty companies * SAP (Germany) after 30 years in business still turns out products that are in great demand for making businesses more efficient.
EMERGING TECHNOLOGIES * Cambridge Technology Displays (UK) is laying the groundwork for less-power-consuming displays for mobile phones and eventually television.
The full Hot list is available in the May 27 issue of TIME and at www.timeeurope.com/digital.
Also in this week's issue TIME questions what fate could be worse than prison for an alleged al-Qaeda terrorist? In the case of Franco-Algerian radical Djamel Beghal, it's being at home with an angry spouse.
TIME reveals that his French-born wife, Sylvie Beghal, continues to fume at her husband for having left her in Afghanistan with their three children last summer claiming he'd "be back in just a few days". Beghal knew he'd be away for months, TIME reports, and after being arrested last July in Dubai he confessed he'd been instructed by al-Qaeda officials to head a European terror network. French officials say Sylvie, who escaped with the children to Iran and later France, was still visibly mad at having been lied to by Djamel, noting that he may be better off on ice-at least until she cools off.
The European edition of TIME is published specifically for circulation within Europe, the Middle East and Africa and offers readers access to Time Inc.'s global resources with regional, relevant stories. TIME is Europe's most successful weekly newsmagazine, with a circulation of almost 630,000 across EMEA and over 5.5 million world-wide.
ots Original Text Service: TIME Europe Internet: www.naeurope.co.uk |