Private Equity
With Amazon.com Inc ramping up its presence in India, two local online retailers are preparing for tougher competition with separate deals worth a combined $400 million set to be finalized this week, Reuters reported.
2 min read · 21 May 2014
Security provider ADT has acquired a minority stake in Life360 for $25 million. Also, ADT is leading a $50 million Series C round for Life360, a location and communication app for families. Life360's backers include Duchossois Capital Partners, DCM, Fontinalis Partners, Bessemer Venture Partners and Expansion Venture Capital.
3 min read · 14 May 2014
Shire has acquired Lumena Pharmaceuticals. No financial terms were disclosed. Citi provided financial advice to Lumena. Based in San Diego, Lumena is a biopharmaceutical company focused on rare cholestatic liver diseases and serious metabolic disorders. Its backers include New Enterprise Associates, Adage Capital Management, RA Capital Management, Pappas Ventures, RiverVest Venture Partners and Alta Partners.
5 min read · 12 May 2014
Flatiron Health has agreed to acquire Altos Solutions. No financial terms were disclosed for the transaction, which is expected to close by the end of May 2014. Headquartered in Silicon Valley, Altos Solutions is a provider of web-based oncology-specific software applications. Flatiron Health's backers include Google Ventures, First Round Capital and LabCorp.
4 min read · 09 May 2014
Andera, a portfolio company of Edison Ventures, has been acquired by Bottomline Technologies for $44.5 million in cash and 102,000 shares of Bottomline stock. Based in Providence, Rhode Island, Andera is a provider of software that allows banking customers to originate and fund new accounts and loans from mobile devices.
3 min read · 08 May 2014
AOL has agreed to acquire Convertro for approximately $101 million. Convertro helps marketers and agencies maximize their return on advertising spend. Convertro's backers included Bessemer Venture Partners and DAG Ventures.
3 min read · 07 May 2014
According to a blog post on its site, Adometry has been acquired by Google. No financial terms were disclosed. Adometry is a marketing solutions provider for online brands. Its backers included Shasta Ventures, Austin Ventures and Sierra Ventures. To read the announcement, visit here.
1 min read · 07 May 2014
Skout, which is backed by Andreessen Horowitz, has acquired Nixter. No financial terms were disclosed. Nixter is a nightlife platform.
2 min read · 06 May 2014
Video platform Extreme Reach has acquired BrandAds. No financial terms were disclosed. Based in Emeryville, Calif., BrandAds is a video ad intelligence firm. Extreme Reach's backers include Spectrum Equity, Greycroft Partners, Village Ventures and Long River Ventures.
3 min read · 06 May 2014
According to a post on its site, Rangespan has been acquired by Google. No financial terms were disclosed. Headquartered in London, Rangespan, which was backed by Octopus Investments, is a provider of supply management and market data solutions for retailers. To read the announcement, visit here.target="_blank">here.
1 min read · 05 May 2014
