Private Equity
RMG Networks, a place-based video entertainment company, has acquired Pharmacy TV, an in-store narrowcast media network for pharmacy retail chains. No financial terms were disclosed. RMG Networks is a portfolio company of Kleiner Perkins and National CineMedia LLC, while Pharmacy TV had raised a small amount of funding from Nueva Ventures.
2 min read · 15 March 2010
Metaswitch Networks, a London-based provider of carrier systems and communications software solutions, has acquired Apptrigger Inc., a Richardson, Texas-based maker of an application session controller. No financial terms were disclosed. Metaswitch has raised an undisclosed amount of funding from Francisco Partners and Sequoia Capital. Apptrigger had raised around $58 million from Star Ventures, Sevin Rosen Funds, CenterPoint Venture Partners, Covera Ventures and Chisholm Private Capital.
3 min read · 10 March 2010
HomeAway Inc., an Austin, Texas-based operator of an online vacation rentals website, has acquired the publisher of Brazilian vacation rental site AlugueTemporada.com.br. No financial terms were disclosed. HomeAway has raised over $480 million in VC funding, from firms like Technology Crossover Ventures, Institutional Venture Partners, Redpoint Ventures, Trident Capital and Austin Ventures.
3 min read · 09 March 2010
Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has acquired Intellitactics, a Reston, Va.-based provider of security information and event management technology. No financial terms were disclosed. Trustwave raised $10 million from FTV Capital in 2004, while Intellitactics raised around $21 million from JMI Equity, Lazard Technology Partners, RBC Dominion and Enterasys Networks.
3 min read · 05 March 2010
SpePharm Holding NV, an Amsterdam-based acquirer and marketer of hospital drugs to the pan-European market, has acquired the global rights (exclusing North and South America) to Savene, a drug compound used to treat blood stream leakages, from TopoTarget AS. To finance the deal, SpePharm has raised €7 million in new VC funding from return backers TVM Capital, Signet Healthcare and Paul Capital Healthcare. It also secured €4 million in debt from Paladin Labs Inc.
5 min read · 05 March 2010
HomeAway Inc., an Austin, Texas-based operator of an online vacation rentals website, has acquired BedandBreakfast.com, a global online directory of bed-and-breakfast properties. No financial terms were disclosed. HomeAway has raised over $480 million in VC funding, from firms like Technology Crossover Ventures, Institutional Venture Partners, Redpoint Ventures, Trident Capital and Austin Ventures.
3 min read · 04 March 2010
Worksoft Inc., a Dallas-based provider of solutions for accelerating deployment of SAP applications, has acquired TestFactory, a provider of performance and life cycle management solutions. No financial terms were disclosed. Worksoft has raised over $25 million in VC funding from firms that include Austin Ventures and Crescendo Ventures.
2 min read · 04 March 2010
Playdom, a Mountain View, Calif.-based social gaming company, has acquired Bellevue, Wash.-based Facebook developer Offbeat Creations. No financial terms were disclosed. Playdom company recently 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.
2 min read · 03 March 2010
ExactTarget this morning announced that it has acquired CoTweet, a customer relationship management tool that sprang up around Twitter in the fall of 2008. The deal is a natural match. Ten-year-old ExactTarget is a powerful email marketing company with more than 600 employees and revenues north of $100 million a year, but it hadn't yet delved into the world of real-time social media. The company, based in Indianapolis, is also sitting on tons of cash, having gathered around $155 million in VC funding from Battery Ventures, Scale Venture Partners, Insight Venture Partners, Montagu Newhall Associates and Technology Crossover Ventures.
3 min read · 02 March 2010
ExactTarget, an Indianapolis-based maker of email marketing software, has acquired CoTweet, provider of a Web-based collaboration platform that allows companies to manage multiple Twitter accounts from a single dashboard. ExactTarget has raised around $155 million in VC funding, from Technology Crossover Ventures, Battery Ventures, Insight Venture Partners, Ontagu Newhall and Scale Venture Partners. CoTweet has raised a small amount of funding from First Round Capital, Founders Fund and Maples Investments.
4 min read · 02 March 2010
