Private Equity
Mobile Data Technologies Ltd (MDT), a designer and builder of data acquisition and control systems for the oil and gas industry, has been bought by an unidentified U.S. energy services company. That report comes from merchant banking services firm The Kirchner Group. The firm did not disclose the financial terms of the transaction. The Acheson, Alberta-based MDT was less than four months ago the recipient of an undisclosed financing from Accelerate Fund LP, an angel co-investment fund managed by Canadian venture capital firm AVAC.
2 min read · 12 December 2013
It looks like analytics are becoming the crystal ball of venture capital.
3 min read · 25 November 2013
Arista, Box, Lending Club and other high-profile tech companies are likely on the fast track, on the heels of Twitter’s debut.
3 min read · 22 November 2013
