Micron Technology Inc. (Nasdaq: MU) has acquired flash memory company Numonyx BV for $1.2 billion in stock. Numonyx was formed in 2008 as a joint venture between Intel Corp., STMicroelectronics and Francisco Partners. Intel contributed its NOR assets for a 45.1% stake, STM contributed its NOR and NAND assets for a 48.6% stake and Francisco invested $150 million for a 6.3% stake.
2 min read · 13 May 2010
ABRY Partners has agreed to sell data center operator CyrusOne to Cincinnati Bell Inc. (NYSE: CBB) for $525 million in cash.
7 min read · 13 May 2010
2 min read · 13 May 2010
1 min read · 12 May 2010
Crestview Partners has invested $125 million into oil services company SES Holdings LLC, which operates both Select Energy Services LLC and Bell Supply Company. The deal gives Crestview a 45% equity stake, plus the option to invest an additional $50 million at the same valuation and terms.
3 min read · 12 May 2010
Greg Reynolds has joined The Comvest Group as a managing director. He previously was a director with Dymas Capital.
2 min read · 12 May 2010
Imperial Capital Group has acquired Petra Pet Inc., owner of the Beefeaters brand of pet treats. No pricing terms were disclosed. BMO Bank of Montreal provided debt financial.
3 min read · 12 May 2010
NEP Broadcasting, a portfolio company of American Securities, has acquired Premiere Entertainment, a producer of live and taped broadcasts for the web. No financial terms were disclosed.
2 min read · 12 May 2010
Tom Flanagan has joined Jefferies as a managing director in the firm's financial sponsors group. He previously ran the mid-market financial sponsors group for Lehman Brothers.
2 min read · 12 May 2010
HgCapital has acquired the talent management software unit of StepStone ASA (LSE: STPS), for €110 million.
3 min read · 12 May 2010
