An interesting side story has been brought to my attention thanks to a commenter on our recent blog post about Amazon.com's acquisition of AbeBooks. Peter was kind enough to point out that AbeBooks' CFO John Chase was also involved in selling Victoria-based Power Measurement to Schneider Electric in 2005. As far as I can tell, this makes Chase the only CFO to be involved in two successful Victoria-based exits.
Chase turned out to be a very smart hire by Abebooks in 2006 as he had already successfully sold a company to Amazon.com - Bibliofind in 1999. Ironically, Bibliofind was a competitor of AbeBooks in the late 90s, so Chase ended up helping to sell the same type of business to the same buyer in less than 10 years.
AbeBooks is an online marketplace for books. Millions of new, used, rare, and out-of-print books are offered for sale through the AbeBooks websites... [more]
Schneider Electric, the global specialist in energy management, offers integrated solutions making energy safer, more reliable, efficient and... [more]
Rob Lewis
Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.
His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University.
When not blogging on...[more]
