Private Equity
UK delivery company MetaPack said Wednesday that it has acquired XLogics Group. No financial terms were disclosed. Based in Europe, Xlogics is a shipping provider. MetaPack is backed by Index Ventures, Cross Atlantic Capital Partners and Brainspark.
3 min read · 11 December 2013
EdgeCast Networks, which has agreed to acquired by Verizon, is the most capital-efficient CDN in history -- reaching profitability within three years and with less than $15 million in invested capital, writes guest columnist Pravin Vazirani, a managing director at Menlo Ventures, EdgeCast's largest shareholder.
2 min read · 09 December 2013
NewLeaf Symbiotics, an agricultural biotech firm in St. Louis, Missouri, said Friday that it has acquired Intuitive Genomics. No financial terms were disclosed. Also, Dr. Todd Mockler has been named vice-president of genomics at NewLeaf while Dr. Doug Bryant will assume the role of vice-president of bioinformatics at NewLeaf. And, Dr. James C. Carrington has been added to NewLeaf's science advisory board. Intuitive Genomics is a provider of custom bioinformatics solutions. NewLeaf is backed by Rockport Capital, Open Prairie Ventures and Pangaea Ventures.
3 min read · 06 December 2013
HomeAway, a Austin, Texas-based online marketplace for vacation rentals, said Wednesday that it has acquired Stayz Group for approximately $198 million in cash. The seller was Fairfax Digital, a subsidiary of Fairfax Media. Stayz is the publisher of Stayz.com.au and an online vacation rental marketplace in Australia. HomeAway is backed by Austin Ventures, Redpoint Ventures, Institutional Venture Partners, Trident Capital, American Capital, Technology Crossover Ventures and Google Ventures.
4 min read · 04 December 2013
Digital media and tech company Kitara Media Corp. has bought Health Guru Media. No financial terms were disclosed, however, according to terms of the deal, Health Guru Media stockholders will receive a total of 18 million shares of Kitara Media stock. Also, Kitara Media CEO Robert Regular will remain in place while Joshua Silberstein, CEO of Health Guru Media, will become president. Based in New York, Health Guru Media operates Healthguru.com, an online video resource site for consumers. Health Guru's backers included Western Technology Investment, Castile Ventures and Village Ventures.
3 min read · 04 December 2013
San Francisco-based internet media platform Blinkx has inked an agreement to acquire Rhythm NewMedia for $65 million. Headquartered in Mountain View, Calif., Rhythm is a mobile video advertising technology company, focused exclusively on smartphones and tablets. Its backers include QuestMark Partners, Lightspeed Venture Partners, Morgenthaler Ventures and Rembrandt Venture Partners.
7 min read · 04 December 2013
The Chernin Group, former News Corp president Peter Chernin's holding company, said on Monday it had acquired majority control of Japanese anime streaming service Crunchyroll, expanding holdings that include stakes in online video company Fullscreen and mobile entertainment network Scopely.
1 min read · 03 December 2013
Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking.
3 min read · 03 December 2013
According to a post on its site, SkyPhrase has been acquired by Yahoo. No financial terms were disclosed. SkyPhrase, which was backed by Han Huang and Thiel Foundation, is a provider of data solutions.
1 min read · 02 December 2013
According to a post on its site, Box, a cloud storage provider, has acquired dLoop. No financial terms were disclosed. Also, dLoop co-founder Divya Jain will join Box to helm its advanced content analysis and data classification initiatives. dLoop is a provider of solutions for IT administrators to control access to content. Box is backed by Draper Fisher Jurvetson, US Venture Partners, Andreessen Horowitz, Scale Venture Partners, NEA, SAP Ventures, General Atlantic, Bessemer Venture Partners, SAP Ventures, Intel Capital, The Social+Capital Partnership and Meritech Capital Partners. To read more details about the acquisition, visit here.
1 min read · 27 November 2013
