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October 5, 2011
Cupertino, CA and New York –KKR concluded its 5th Annual CIO Summit, an annual gathering of global technology industry thought leaders and Chief Information Officers from companies within KKR’s private equity portfolio. KKR portfolio companies are collectively one of the world’s largest consumers of information technology products and services. The KKR CIO Summit occurs each fall, bringing together our CIOs to discuss the significant challenges and opportunities facing the information technology sector. Attendees have the opportunity to hear from their peers and technology thought leaders on best practices, trends, and key issues. Over the past five years, the KKR CIO Summit has hosted C-level executives from leading enterprise technology companies including Oracle, Hewlett-Packard (HP), Microsoft, Cisco, SAP, IBM, Accenture, Salesforce, Google, McAfee, Symantec and HCL, as well as many promising new technology businesses.
This year’s two-day event, held at the HP headquarters, focused on information security and featured speakers from technology-enabled KKR companies including First Data, HCA and U.S. Foods, information technology leaders MacAfee, Oracle and SAP, and emerging companies Mobile Iron and I/O Datacenters.
“We are excited to have our portfolio companies come together annually to discuss and share ideas regarding the key trends and importance of strategic and efficient information technology,” said Herald Chen, head of KKR's software and Internet effort. “Topics such as cybersecurity, cloud computing, and consumerization of IT impact essentially all of our companies; therefore, the role of the CIO continues to expand and technology must be top of mind for today’s leading businesses.”
KKR recently added Marius Haas, formerly a Senior Vice President and Worldwide General Manager of HP’s Networking Division, to its group of technology senior industry advisors. Haas commented, “KKR, in particular through KKR Capstone, is proactively ensuring that our private equity portfolio companies employ best technology practices to drive and support their business operations, both for the top and bottom lines.”
KKR is an active investor in global technology companies, such as Avago, a leading producer of semiconductors, and Visma, a provider of software and business solutions. For a complete list of KKR’s technology investments, visit www.kkr.com.
Founded in 1976 and led by Henry Kravis and George Roberts, KKR is a leading global investment firm with $61.9 billion in assets under management as of June 30, 2011. With offices around the world, KKR manages assets through a variety of investment funds and accounts covering multiple asset classes. KKR seeks to create value by bringing operational expertise to its portfolio companies and through active oversight and monitoring of its investments. KKR complements its investment expertise and strengthens interactions with investors through its client relationships and capital markets platform. KKR is publicly traded on the New York Stock Exchange (NYSE:KKR). For additional information, please visit KKR's website at www.kkr.com.