PracticeConsultingAndersen Consulting investing in internet start-ups with $1.2bn plans

Andersen Consulting investing in internet start-ups with $1.2bn plans

Andersen Consulting is stepping up the stakes in the divorce battle with Arthur Andersen, which recently announced a major refocus and investment plan, by announcing plans to set $1.2bn aside for internet start-ups.

The consulting giant has already established 17 centre around the world to offer a range of services in return for equity stakes, but the move is the latest development in the bitter divorce with sister firm Arthur Andersen.

The accountancy firm unveiled its own significant investment plans a matter of weeks ago, and they also also have an emphasis on building e-business.

New dressed-down Andersens brand to include $500m venture fund and internet alliances

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