Intermedia, a Mountain View, Calif.-based cloud services company, has acquired Telanetix, a company that specializes in hosted voice services. The aggregate price Intermedia is paying for the deal is approximately $55 million.
7 min read · 22 January 2013
L-com, a maker of wired and wireless connectivity products that's based in North Andover, Mass., has acquired MilesTek, a Denton, Tex.-company that makes network connectivity products for military and commercial end markets. Terms of the deal were not disclosed. L-com is a portfolio company of the private equity firm Odyssey Investment Partners.
3 min read · 22 January 2013
Life Technologies, a publicly traded, Carlsbad, Calif.-based biotech company, has acquired BAC BV, a privately held company in the Netherlands that develops and manufactures protein purification products. Terms of the deal were not disclosed.
4 min read · 22 January 2013
Condusiv Technologies, a Burbank, Calif.-based software optimization company, has named Brian Olson as its CTO. Olson most recently served as a manager at EMC, where he helped drive adoption of the EMC Atmos cloud storage platform.
3 min read · 22 January 2013
Google's cofounder Larry Page on why moonshots matter, the NRA's strange private equity bedfellow, why a Box IPO looks likely next year, and so much more!
1 min read · 17 January 2013
Semiconductor Research Corporation (SRC) and the Defense Advanced Research Projects Agency (DARPA) today announced that they are dedicating $194 million over the the next five years to six new university microelectronics research centers to support the continued growth of the U.S. semiconductor industry. Recipients include the University of Michigan; the University of Minnesota; the University of California, Los Angeles; the University of Notre Dame; the University of Illinois at Urbana-Champaign; and the University of California, Berkeley.
4 min read · 17 January 2013
Lexington, Ky.-based Lexmark, the printing and imaging products company, has acquired Acuo Technologies, maker of software and services for clinical content management, data migration and vendor neutral archives (VNA) for approximately $45 million in cash.
4 min read · 17 January 2013
Quad/Graphics, a Sussex, Wisconsin-based commercial printing comapany, has completed its acquisition of Vertis Holdings for $170 million. Vertis, a maker of advertising inserts, agreed last October to sell itself to Quad/Graphics as part of a court-supervised auction, after Vertis declared bankruptcy for the third time. The combined company will employ approximately 25,000 employees from more than 70 print-production facilities in North America, Latin America and Europe.
6 min read · 17 January 2013
The Chicago-based firm Babson Capital provided senior debt to support Harbour Group's investment in Onicon, it announced today. Onicon, of Clearwater, Fla., makes energy measurement systems and flow-metering devices. Harbour Group is an operating company in St. Louis, Missouri.
2 min read · 17 January 2013
Symform has a traction problem, and interestingly, it's turning to the National Association of Realtors for help.
3 min read · 16 January 2013
