Klaus Lovgreen
Encyclopedia
Klaus Lovgren founded Arabian Modern Equipment Est. in Abu Dhabi in 1993 together with Saif Al-Suwaidi. In 1996 they launched AME Info as a CD-ROM business directory for the Middle East. AME Info became the leading provider of business and financial information in and about the Middle East
and was the first online media in the region to be audited by the Audit Bureau of Circulations (UK) in 2005 and conducted regular audits since then to pinpoint that the online media industry in the Middle East is genuine and measurable.
AME Info was awarded Superbrands
status in the United Arab Emirates
for the first time in 2005.
In March 2005, HSBC
Private Equity Middle East Ltd. acquired a significant equity stake in AME Info FZ LLC and on the 4th of July 2006, London-based Emap plc (EMA.L) announced that Emap Communications, its business-to-business (B2B) division, acquired AME Info.
Following its sale to EMAP
Klaus became an Angel Investor
in several other companies including RingtoneFeeder.com, Wordy, Hello Messenger (together with Alistair Milne
), Everbread and Tradeshift
. In 2009, he made the 'Top Angels' list on TechCrunch with three deals of unknown value.
In 2011 the Telegraph named him 55th most influential technology investor in Europe and he founded evershift limited in April 2011 to make direct investments and provide advisory services as well as a significant investment into APSU - a merged managed services and infrastructure business in the UK.
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...
and was the first online media in the region to be audited by the Audit Bureau of Circulations (UK) in 2005 and conducted regular audits since then to pinpoint that the online media industry in the Middle East is genuine and measurable.
AME Info was awarded Superbrands
Superbrands
The Superbrands organization is an independent arbiter on branding. Its membership programmes pay tribute to the world's leading brands, as selected by experts and consumers. The organization also publishes a series of brand-focused books and publications...
status in the United Arab Emirates
United Arab Emirates
The United Arab Emirates, abbreviated as the UAE, or shortened to "the Emirates", is a state situated in the southeast of the Arabian Peninsula in Western Asia on the Persian Gulf, bordering Oman, and Saudi Arabia, and sharing sea borders with Iraq, Kuwait, Bahrain, Qatar, and Iran.The UAE is a...
for the first time in 2005.
In March 2005, HSBC
HSBC
HSBC Holdings plc is a global banking and financial services company headquartered in Canary Wharf, London, United Kingdom. it is the world's second-largest banking and financial services group and second-largest public company according to a composite measure by Forbes magazine...
Private Equity Middle East Ltd. acquired a significant equity stake in AME Info FZ LLC and on the 4th of July 2006, London-based Emap plc (EMA.L) announced that Emap Communications, its business-to-business (B2B) division, acquired AME Info.
Following its sale to EMAP
EMAP
Emap Limited is a British media company, specialising in the production of business-to-business magazines, and the organisation of business events and conferences...
Klaus became an Angel Investor
Angel investor
An angel investor or angel is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt or ownership equity...
in several other companies including RingtoneFeeder.com, Wordy, Hello Messenger (together with Alistair Milne
Alistair Milne
Alistair Milne was born in October 1977 and is a TMT entrepreneur and investor.He founded his first company aged 17, also working for AOL in 1996. Just after graduating from UMIST in 1999, Alistair sold 'The Junction' Web business to Stream Group Plc in 2000...
), Everbread and Tradeshift
Tradeshift
Tradeshift is a web based business network founded by Christian Lanng, Mikkel Hippe Brun and Gert Sylvest. The network was launched in May 2010, and used in more than 150 countries by February 2011...
. In 2009, he made the 'Top Angels' list on TechCrunch with three deals of unknown value.
In 2011 the Telegraph named him 55th most influential technology investor in Europe and he founded evershift limited in April 2011 to make direct investments and provide advisory services as well as a significant investment into APSU - a merged managed services and infrastructure business in the UK.