CED News

Durham-based incubator Fusion Ventures has inked a deal with Israeli incubator Sprintec, which provides accelerator services to Israeli-based telecommunications and Internet companies. Under the terms of the agreement, Fusion and Sprintec will provide acceleration services to Israeli companies planning to establish a presence in the United States. In its first international partnership, Fusion plans to offer contacts, experience, and advice about the industry to foreign companies. Fusion officials said the firm's goal is to ultimately build a national and international network of relationships with other incubators, corporations and universities.