Company Fueled By Warburg Capital Buys Citi's Fame

VENDOR STRATEGIES

As expected, Citicorp has sold the assets of Fame Software Corp. to a new company jointly formed by venture capital firm E.M. Warburg Pincus & Co. and startup Silberstein & Co. The new venture is known as Fame Information Services Inc.

The deal was engineered by erstwhile Lehman Brothers Inc. senior vice president of equities technology Steve Silberstein (Trading Systems Technology, April 18). He serves as chairman and chief executive officer of the new Fame Information Services. Fame's 50 em