Listed online professional networking site LinkedIn will acquire IndexTank, the hosted search engine service. IndexTank CEO Diego Basch confirmed the news on the company’s blog. Specifics of the deal were not publicized. Backers include Freestyle Capital and Patagonia Ventures.
6 min read · 11 October 2011
A Broader Account of how Steve Jobs was fired from Apple, and why Dealing! Is Warburg Pincus eyeing Europris? There’s Whitey! Former ice queen helps cops nab crook on the lam Subscribe! To peHUB. TIP! Your server. More importantly, send your favorite editor tips. Movin' On Up! Occupy Wall St. now a mobile occupation movement
1 min read · 11 October 2011
Friend.ly, the social networking website that is not meant to be confused with the recently-bankrupted casual dining chain Friendly’s, has been acquired by social network Facebook. Specifics of the deal were not disclosed.
2 min read · 10 October 2011
2 min read · 10 October 2011
They've Got Daylight! Sinopec strikes a big deal He Does Yahoo! Yang eyes buyout alongside LBO shops The Mystery behind Steve Jobs' plateless car Uh-Oh: Tolerx auctioning off assets cheap? It's a Grim Market: No-go for tech IPOs Being Un-VC: Shaking up a broken system Any wind in the sails? GE backs Indian clean energy venture Government Connections: KKR boosts profile in South East Asia What a bargain! Belgian bank sale falls short Virtual World with Real Identities: Shaker brings in the money Under Pressure: FDA in the VC firing line Saving Face: The ten most popular companies on Facebook
1 min read · 10 October 2011
2 min read · 07 October 2011
UBS Now Stands For U-B-Steppin’! Keep it Classy, San Francisco: Ellison trashes Salesforce … But Only After Benioff responds to his keynote diss by holding court across the street Big Money in clouds Wait, Sarah Palin ISN’T Running for President? That’s probably going to hurt Joe McGinniss’ book sales
1 min read · 07 October 2011
Immucor, the blood transfusion product supplier owned by TPG Capital, has tapped William A. Hawkins as its next CEO, according to its board of directors. Prior to joining Immucor, Mr. Hawkins served as Chairman and CEO of Medtronic. Before joining Medtronic, Mr. Hawkins was the CEO of Novoste, another Atlanta-based medical technology company.
3 min read · 06 October 2011
Xfire, the social gaming service, got $4 million in VC backing from Intel Capital. In conjunction with the financing, Xfire has also strengthened the executive team by adding Mark Donovan as President, Juston Brommel as Chief Marketing Officer and Autumn Radtke as Director of Business Development. Xfire was acquired by Titan Gaming from Viacom in August 2010. With this round of financing, Xfire has split from Titan Gaming to operate independently. Xfire is already backed by several prominent angel investors, including Tomorrow Ventures, Clearstone Venture Partners principals William Quigley and Jim Armstrong, PriceGrabber co-founder Kamran Pourzanjani, and MP3.com founder Michael Robertson.
4 min read · 06 October 2011
Enterproid, the platform for enterprise mobility, secured $11 million in funding led by Comcast Ventures with Google Ventures and Qualcomm Ventures. Founded by former mobile executives and engineers from Morgan Stanley, Enterproid is headquartered in New York, with offices in London and Hong Kong. Enterproid's seed round investors included Genacast Ventures, High Peaks Venture Partners, and NYC Seed.
4 min read · 06 October 2011
