Mission
PDCC's critical mission is to develop and invest in emerging technologies,
best-of breed business processes and value-add software services and
applications that drive toward connecting consumer electronic devices
to each other and to the Internet.
Organization
The Panasonic Digital Concepts Center offers the first technology
business incubator directly linked to a corporate venture fund. PDCC will
utilize its team's experience in Silicon Valley and Matsushita's global
resources to identify strategic investment and partnership opportunities
to complement MEI's core business of consumer electronics. To accomplish
its goal, the PDCC possesses the following core resources:
-Panasonic Internet Incubator
-Panasonic Ventures
-Panasonic Global Network
About the speaker:
Charles C. Wu, Managing Director
An industry veteran with more than 15 years of tech sector financial experience, including investments, acquisitions, IPOs, corporate sales, and MBOs, Wu combines his investing acumen, network of contacts and the backing of Matsushita to help tech start-ups deliver exciting new products and services.
With direct involvement in 33 tech investments throughout his career -- acting as principal on 20 -- Wu has helped companies whose activities range from networking to operating systems and from online gaming to LCD flat-panel displays.
Before joining PDCC, Wu was a vice president at Vertex Management, a global venture capital operation with offices in California, Singapore, and Israel. Vertex is funded by Southeast Asian financial and corporate institutions. A lead investor, Wu was also responsible for Vertex Management's marketing message to the US investment community. The combination of investing and marketing allowed him to develop relationships with leading venture-oriented investment, legal, recruiting, consulting, banking, and accounting organizations.
Before joining Vertex Management, Wu was a project manager at RSA Data Security, the world's leading provider of encryption solutions. He previously worked in investment banking in the technology group at CS First Boston, where he was involved in more than $2 billion of West Coast technology M&A activity. Wu has additional experience as a software engineer, engineering project manager, and in business development at Raytheon E-Systems.
Wu holds a Bachelor's degree in computer science and engineering from Massachusetts Institute of Technology and a Masters in Business Administration from the Stanford Graduate School of Business.
Charles Wu is the centerpiece of the PDCC team and he brings an extensive amount of experience and expertise to the PDCC.
Contact information:
Charles C. Wu
19925 Stevens Creek Blvd., #200
Cupertino, CA 95014
408-861-3900
cwu@vc.panasonic.com