

Monday, March 23, 2009
Report: Google tapping Miner for new venture arm
By Galen Moore
A nametag at a San Francisco venture capital conference may have let slip plans by Google Inc. (Nasdaq: GOOG) to put Cambridge-based mobile group manager Rich Miner on the leadership team of a new venture capital arm, according to published reports.
The Thomson Reuters wire service reported Friday that a spokesman for Mountain View, Calif.-based Google confirmed that a corporate venture arm is a project the company is working on, but declined to discuss details. According to the Reuters report, the new VC division will be called Google Ventures.
Miner, whose nametag at the conference identified him as being affiliated with Google Ventures, came to Google’s Cambridge office to develop the company’s Android platform for mobile phones, after the company bought his California-based mobile wireless platform company, Android Inc., in 2005. Before he founded Android, Miner was vice president of advanced services at Orange. He joined Orange through its acquisition of another company he co-founded, Wildfire, which made a voice-based personal assistant product that was sold to fixed and wireless carriers.
A Google spokesman could not immediately be reached Monday. Google reported a profit of $4.2 billion on revenue of $21.8 billion for fiscal 2008.







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