Private Equity
MyHeritage.com, an Israel-based company that combines social networking with family trees, has acquired OSN Group, a Hamburg, Germany-based operator of ten family-tree sites. No financial terms were disclosed. MyHeritage has raised more than $15 million in VC funding from Accel Partners and Index Ventures.
4 min read · 03 February 2010
PGP Corp., a Palo Alto, Calif.-based provider of enterprise data protection, has agreed to acquire Newton, Mass.-based ChosenSecurity and its German subsidiary TC TrustCenter. No financial terms were disclosed. PGP has raised around $45 million in VC funding from firms D.E. Shaw Group, Intel Capital, DCM and Venrock. ChosenSecurity has raised around $14.5 million from .406 Ventures, Castile Ventures, Prism VentureWorks and St. Paul Venture Capital.
4 min read · 02 February 2010
UPEK Inc., a Berkeley, Calif.-based developer of silicon-based fingerprint security solutions, has offered to merge with AuthenTec Inc. (Nasdaq: AUTH). The stock-for-stock merger would result in each company's shareholders owning a 50% stake in the combined company, with AuthenTec backers also to receive a $40 million cash dividend. UPEK has raised over $38 million in VC funding since being spun out of STMicroelectronics NV (STM) in 2004. Shareholders include Sofinnova Ventures, Sofinnova Partners, Diamondhead Ventures, Earlybird Venture Capital, Partners Group and EDBV Management.
7 min read · 01 February 2010
Good Technology, a mobile security and control company acquired last year by VC-backed Visto Corp., has acquired CloudSync, a Denver-based mobile device management company. No financial terms were disclosed. Visto has raised over $250 million in total VC funding since 1996, including a recap round in 2003. Current backers include Allegis Capital, Altitude Capital Partners, Blueprint Ventures, Draper Fisher Jurvetson, ePlanet Ventures, GKM Ventures, Meritech Capital Partners, Oak Investment Partners and Rustic Canyon Partners.
3 min read · 27 January 2010
2 min read · 26 January 2010
1 min read · 25 January 2010
Voxeo Corp., an Orlando, Fla.-based provider of communications password solutions, has acquired ClackPoint, provider of a real-time multimedia collaboration platform. No financial terms were disclosed. Voxeo last year raised $9 million in venture recap funding from North Atlantic Capital and the Florida Growth Fund. Before that, it had secured more than $70 million in funding.
3 min read · 21 January 2010
NewsGator Technologies Inc., a Denver-based provider of content aggregation tools and services, has agreed to acquire Tomoye, an enterprise social computing company with offices in Quebec and Washington, D.C. No financial terms were disclosed. NewsGator has raised over $35 million in VC funding, from firms like Masthead Venture Partners, Mobius Venture Capital and Vista Ventures.
3 min read · 21 January 2010
Mobixell Networks, a San Jose, Calif.-based provider of mobile multimedia and advertising solutions, has acquired Toronto-based mobile Internet company 724 Solutions. No financial terms were disclosed. Mobixell has raised around $29 million in VC funding, from firms like Apax Partners, Comverse, Intel Capital, and SMAC Partners. Austin Ventures took 724 Solutions private in 2006, for approximately $18.5 million.
4 min read · 21 January 2010
Gambro, a portfolio company of private equity firm Bridgepoint, has acquired CHF Solutions Inc., a Brooklyn Park, Minn.-based maker of ultrafiltration devices to treat fluid overload. No financial terms were disclosed. CHF Solutions had raised nearly $60 million in VC funding, from Ascension Venture Partners, MPM Capital and SV Life Sciences.
3 min read · 20 January 2010
