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News

Firm Watch

Jun. 25, 2002

$42 MILLION MAKES SWEET MUSIC FOR PORTALPLAYER

PortalPlayer Inc. closed its fourth round of funding, bringing in $42 million for the Santa Clara company. The deal was announced June 11. J.P. Morgan Partners, Investcorp International and Shamrock Capital Advisors led the round. CIBC World Markets, Linear Technology Corp., SLI Logic Corp., Band of Angels Fund, Thomas Spiegel and Portal Partners also participated.

        PortalPlayer Inc. closed its fourth round of funding, bringing in $42 million for the Santa Clara company. The deal was announced June 11.
        J.P. Morgan Partners, Investcorp International and Shamrock Capital Advisors led the round. CIBC World Markets, Linear Technology Corp., SLI Logic Corp., Band of Angels Fund, Thomas Spiegel and Portal Partners also participated.
        PortalPlayer produces and sells a wide variety of audio equipment, including portable digital music players, general audio systems and streaming receivers.
        Palo Alto's
Gray Cary Ware & Freidenrich represented PortalPlayer. Partner Mark Radcliffe led the deal team. Of-counsel Peter Astiz assisted with associates Vanessa Mandel, John Fogg, Beth O'Callahan, Tim Naylor and Erica Crago.
        Partner Anthony Richmond and Chadwick Ho of the Menlo Park office of Los Angeles-based
Latham & Watkins represented J.P. Morgan Partners.
        Partner Ray La Soya and associate Sean Monroe in the Los Angeles office of New York-based
Fried Frank Harris Shriver & Jacobson represented Shamrock.
        Partner Bradford Weirick of Los Angeles'
Gibson Dunn & Crutcher represented Investcorp.
        - Stefanie Knapp

#299381

Stefanie Knapp

Daily Journal Staff Writer

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