Hi-tech comes to Europe

European investors are discovering what their US counterparts have known for years. Technology companies can provide spectacular returns. Venture capitalists and small-cap stock markets are working hard to accommodate the sector. Meanwhile, US investment banks, which honed their hi-tech skills financing the development of Silicon Valley, are making a big push across the Atlantic. Brian Bollen reports.

From Acorns to Amadeus Raising capital through the internet "There's never been so much interest in the hi-tech sector, and the driving forces behind that interest are not going to go away. It's as if we've broken open a wall and water is flooding through it." Easdaq vice-chairman Jos Peeters believes that Europe is rushing to follow the US into hi-tech investing - and figures from venture capitalists and bankers bear him out. ...

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