4 min read · 15 February 2011
Leonard Green & Partners is that much closer to taking Jo-Ann Stores private after the company acknowledged that it has not received any better offers. The vote is expected to be held for shareholders to agree on the transaction Feb. 16.
4 min read · 15 February 2011
Intel Corp. has made a number of mobile investments and growth initiatives regarding its software development tools, as well as the acquisition of Silicon Hive. Intel Capital and Prime Ventures were each VC investors in Silicon Hive.
5 min read · 15 February 2011
Excel Venture Management will lead a $7 million Series A funding round in Catch.com. Catch.com developed Catch Notes, a personal content management system. Juan Enriquez, a managing director with Excel, became a Catch board member.
2 min read · 15 February 2011
The Carlyle Group will sell its majority stake in JMC Steel Group to the Zekelman family, which, until recently, controlled a minority stake. JMC will establish a new capital structure and debt facility and Carlyle will maintain a minority stake.
3 min read · 14 February 2011
International private equity firm Investcorp has announced the members of its European Advisory Board. Among its members will be former Secretary General of the U.N. Kofi Annan and former Austrian chancellor Wolfgang Schüssel.
2 min read · 14 February 2011
NEW YORK (Reuters) - Online gaming group Zynga Inc. is holding talks with potential investors which could lead to it raising $250 million in new funding, the Wall Street Journal reported on Sunday.
1 min read · 14 February 2011
As peHUB.com reported late last week, Chimerix Inc., the pharmaceutical drug company working on orally-available antiviral therapeutics has completed a $45 million fundraising. New investors include Pappas Ventures and Morningside Group; other investors include Sanderling Ventures, Canaan Partners, Alta Partners, Asset Management Co., Frazier Healthcare Ventures and New Leaf Venture Partners.
4 min read · 14 February 2011
3 min read · 14 February 2011
UpTake Networks, owner of RealTravel.com and UpTake.com added Lesley Kao as vice president of products and Chris Hickson as VP of revenue. UpTake Newtorks is backed by Shasta Ventures and Trinity Ventures.
3 min read · 11 February 2011
