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Platinum Technology, Inc., was an American software company founded by Andrew Filipowski in 1987 to market and support deployment of database management software products and the applications enabled by database management technology and to render related services.
He founded or co-founded Blue Rhino Corporation, Primo Water, SilkRoad technology Inc., Divine Inc., DBMS Inc., the House of Blues, SolidSpace Inc., Onramp Branding, MissionMode, Unocoin and InterAct 911. [1] Platinum technology was sold to Computer Associates in 1999 for $3.5 billion, a record at the time for a software company. [2]
Fuqi International (formerly traded as Nasdaq: FUQI) is a designer of precious metal (gold and platinum) jewelry for the luxury goods market in China.It also manufactures jewelry items that contain diamonds and other precious stones on a custom-order basis.
Platinum originated as a specialist company in international equities and continues to operate globally in 2023, with a multi-billion-dollar portfolio. [8] The success of the company is attributed to Neilson's ability to transcend short-term market turbulence and focus on long-term returns, a philosophy that was developed over decades. [ 10 ]
Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995, headquartered in Beverly Hills, California. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.
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In 1994, Platinum Asset Management was founded by Kerr Neilson and several others with the financial backing of George Soros. [7] It was founded as a specialist company in international equities. The success of the company was attributed to the ability to transcend short-term market investment and focus on long-term returns.
On June 2, 2021, Blount Inc officially became Oregon Tool, Inc. On July 14, 2021, American Securities and P2 Capital Partners announced the signing of a definitive agreement under which Platinum Equity will acquire Oregon Tool. [10] On October 18, 2021, Platinum Equity announced that the acquisition of Oregon Tool had been completed. [11]
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