Microsoft co-founder to open investment office in Silicon Valley

By Bill Rigby SEATTLE (Reuters) - Paul Allen, the billionaire co-founder of Microsoft Corp, is opening an office in Silicon Valley to make new investments in emerging technology and internet companies. The Palo Alto office, set to open in the next few weeks, will operate under the name of Vulcan Capital, the investment arm of Allen's Seattle-based Vulcan Inc, which manages his personal fortune, valued at about $15 billion. Allen, 60, co-founded the world's largest software company with Bill Gates in 1975, but left in 1983 after a bout with cancer. ...

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