Private Equity
Google has acquired Impermium, the latter announced on its site. No financial terms were disclosed. Based in Redwood City, Calif., Impermium is a cyber-security startup. Its backers included Accel Partners, AOL Ventures, Charles River Ventures, Data Collective, Freestyle Capital, Greylock Partners, Highland Capital Partners, Morado Ventures and the Social+Capital Partnership. To read more details about the acquisition, visit here.
1 min read · 16 January 2014
Ecommerce company Groupon has acquired Ideeli, the latter announced in a blog post on its site. No financial terms were disclosed; however, various news outlets report the sum to be $43 million. Based in New York, Ideeli is a flash sale website. Its backers included Kodiak Venture Partners, betaworks, Constellation Partners, StarVest Partners, Next World Capital, Cue Ball and Credit Suisse.
1 min read · 14 January 2014
According to an announcement posted on Facebook, online dialogue platform provider Branch Media has been acquired by the social network titan. No financial terms were disclosed. As a result of the transaction, Branch Media will launch a new "Conversations group" based in New York City. Its backers included SV Angel, Lerer Ventures, betaworks, Obvious Corp. and BoxGroup.
1 min read · 14 January 2014
Google has acquired Nest Labs, the latter announced in a blog post on its site. No financial terms were disclosed; however, some news outlets peg the sum to be at $3.2 billion. Based in Palo Alto, Calif., Next Labs, which was founded by former Apple executive Tony Fadell, is a maker of a smart-home thermostat. Its backers included Google Ventures, Venrock, Kleiner Perkins Caulfield & Byers, Shata Ventures and Lightspeed Venture Partners.
1 min read · 14 January 2014
Euroscript International has completed its buy of Amplexor. Capricorn Venture Partners was one of the sellers. No financial terms were disclosed. Based in Belgium, Amplexor is a content management solution provider.
3 min read · 14 January 2014
Palo Alto Networks has bought Morta Security. No financial terms were disclosed. Based in Silicon Valley, Morta Security is a stealth-mode cyber security startup. Its backers included Andreessen Horowitz, Greylock Partners, Norwest Venture Partners and Data Collective
3 min read · 07 January 2014
TIO Networks Corp (TSX-V: TNC), which is based in Vancouver, British Columbia and backed by U.S. venture and growth capital firm Inter-Atlantic Group, has closed its buy of Globex Financial Services Inc and its operating business Global Express Money Orders Inc. No financial terms were disclosed. Globex Financial Services is a provider of expedited bill payment services. Update: TIO Networks is an information technology company focused on processing bill payment transactions through a secure Internet-enabled platform. The company has been backed by Inter-Atlantic Group since 2008. The Globex acquisition was funded in part by an investment made last year by Core Innovation Capital.
3 min read · 06 January 2014
TIO Networks Corp., which is based in Vancouver, British Columbia and backed by Inter-Atlantic Group, has closed its buy of Globex Financial Services and its operating business Global Express. No financial terms were disclosed. Globex Financial Services is a provider of expedited bill payment services.
3 min read · 06 January 2014
Motorola Solutions has bought Twisted Pair Solutions. No financial terms were disclosed. Headquartered in Seattle, Twisted Pair Solutions is a provider of communications solutions. Its backers included Chart Venture Partners, Core Capital Partners and Ignition Partners.
3 min read · 03 January 2014
Perion Network Ltd said it was targeting annual revenue of $1 billion in the next five years following the acquisition of Conduit Ltd's ClientConnect business, Reuters reported.
2 min read · 02 January 2014
