Private Equity
1 min read · 28 April 2010
Playdom, a Mountain View, Calif.-based social gaming company, has acquired Merscom LLC, a Chapel Hill, N.C.-based developer of online and social games for third parties. No financial terms were disclosed. Playdom last fall raised a $43 million Series A round at around a $300 million post-money valuation, from New Enterprise Associates, Lightspeed Venture Partners and Norwest Venture Partners. It has since made several acquisitions.
3 min read · 27 April 2010
Odyssey Logistics & Technology Corp., a Danbury, Conn.-based provider of managed logistics services, has acquired International Forwarders Inc., a Charleston, S.C.-based export freight forwarder and customs house broker. No financial terms were disclosed. Odyssey Logistics has raised over $40 million in VC funding from Boston Millennia Partners, CMEA Capital, RRE Ventures, LogiSpring and Trident Capital.
3 min read · 23 April 2010
Clear2Pay NV, a Brussels-based provider of payment solutions for financial institutions, has acquired Jware Technologies, a French provider of e-commerce and mobile payment solutions. No financial terms were disclosed. Clear2Pay has raised over €90 million in private equity funding, including a €50 million infusion last December from Aquiline Capital Partners, AGF Management, IRIS Capital, Big Bang Ventures, GIMV and Trust Capital. JWare raised nearly $4 million in VC funding from I-Source Gestion and UFG Private Equity.
2 min read · 21 April 2010
Zipcar Inc., a Cambridge, Mass.-based car sharing service, has acquired UK car-sharing club Streetcar. No financial terms were disclosed. ZipCar has raised over $38 million in VC funding, from firms like Greylock Partners, Benchmark Capital and Globespan Capital Partners.
3 min read · 21 April 2010
Enamblence Technologies Inc. (TSX: ENA) has agreed to acquire Teledata Networks, an Israel-based provider of multiservice access solutions, for $50 million in cash and shares. Teledata backers include Kardan Group, Elron Electronic Industries and Infinity Venture Capital Fund.
5 min read · 15 April 2010
Rally Software, a Boulder, Colo.-based provider of on-demand application life cycle management solutions, has acquired AgileZen, maker of a visual project collaboration tool. No financial terms were disclosed. Raly Software has raised over $51 million in VC funding from Greylock, Mohr Davidow Ventures, Boulder Ventures, Mobius Venture Capital and Vista Ventures.
4 min read · 15 April 2010
MediaMath, a New York-based provider of a digital media-buying platform, has acquired Adroit Interactive, a company that customizes display ads in real time. No financial terms were disclosed. MediaMath has raised over $10 million in VC funding from Safeguard Scientifics, QED Investors and European Founders Fund.
3 min read · 15 April 2010
Sierra Atlantic Inc., a Fremont, Calif.-based provider of engineering solutions for Oracle products, has acquired Baytree Associates, a Charlotte-based consulting firm and Oracle solutions provider. No financial terms were disclosed. Sierra Atlantic raised $18.4 million in 1999 from Information Technology Ventures, General Electric, New Enterprise Associates and Walden International.
2 min read · 13 April 2010
Fate Therapeutics, a La Jolla, Calif.-based stem cell biotech company focused on cell fate control, has acquired Verio Therapeutics Inc., an Ontario-based developer of drug candidates targeting the activation of endogenous stem cells. No financial terms were disclosed. Fate Therapeutics has raised $42 million from OVP Venture Partners, ARCH Venture Partners, Polaris Venture Partners and Venrock.
4 min read · 09 April 2010
