Olicom files for bankruptcy
Danish venture capital firm Olicom today announced it has filed for bankruptcy.
Olicom invests in early stage information technology and communication technology companies. Investments are in the range of $0.5-3m and generally concentrated in the Scandinavian region.
Olicom's portfolio consisted of Swedish company Scalado and Danish companies Hymite and Comlog. Olicom is listed on the Copenhagen Stock Exchange and has now asked for the suspension of trade in its shares.
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