Internet investment holding company i100 Corp plans to spend between US$100 million and US$200 million by the end of the year, according to co-founder and chief executive Laurie Kan. The company would focus on wireless products, wireless access protocol (WAP), broadband, financial services, content and media, and electronic commerce, he said. I100, backed in part by H&Q Asia Pacific and J.H. Whitney, last month announced plans to take over Hong Kong-listed Acme Landis and rename it i100 Ltd. One of its previously announced ventures, ask100. com, will hold a soft launch tomorrow, Mr Kan said. I100 would also help bring H&Q's and J.H. Whitney's Internet properties from outside of Asia to the region, he said. Other deals recently announced by i100 include the acquisition of Compuserve Consultants, an electronic publishing software vendor. The company also said it would team up with Germany's Windhorst Group to bring European Web businesses to Asia. Mr Kan said he expected the companies to make more specific announcements soon about which businesses would be introduced here. I100 would be as much an operating company as it was an investor and therefore would sometimes take majority stakes in the companies it invested in, as well as holding its stakes for long periods before listing or selling them. 'We are not an investment fund that has a five to 10-year life. We theoretically can hold forever,' he said.