Private Equity
SkyWi Inc. of Santa Fe, N.M., has agreed to sell all its VoIP operations to Telekenex Inc., a San Francisco-based provider of business-grade IP services. No financial terms were disclosed for the deal, which was prompted by a legal dispute between SkyWi and Quest. SkyWi has raised VC funding from Mesa Capital Partners, while Telekenex has raised funding from Altos Ventures and Walden Venture Capital.
2 min read · 05 February 2009
HomeAway Inc., an Austin, Texas-based operator of an online vacation rentals website, has acquired Homelidays SAS, a Paris-based operator of a pan-European for-rent-by-owner vacation rental or “self-catering” site. 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, Austin Ventures and American Capital.
8 min read · 04 February 2009
Glam Media, a female-focused online advertising network, has acquired AdaptiveAds, a provider of display ad targeting and optimization solutions. No financial terms were disclosed. Glam has raised over $87 million in VC funding from firms like Draper Fisher Jurvetson, Accel Partners, DAG Ventures and Walden Venture Capital. AdaptiveAds has raised over $3 million in VC funding led by Draper Fisher Jurvetson.
5 min read · 29 January 2009
Archer Technologies, an Overland Park, Kansas-based provider of enterprise governance, risk and compliance solutions, has agreed to acquire Brabeion Software Corp., a McLean, Va.-based provider of IT security risk and compliance management software. No financial terms were disclosed. Bain Capital Ventures is a minority shareholder in Archer Technologies, while Brabeion has raised around $10 million in VC funding from firms like Fairhaven Capital Partners and Longworth Venture Partners.
4 min read · 28 January 2009
Novafora Inc., a Cupertino, Calif.–based maker of video processors, has completed its $255.6 million take-private acquisition of Transmeta Corp. for $255.6 million. Novafora has raised VC funding from Gemini Israel Funds and Vertex Venture Capital.
1 min read · 28 January 2009
SVOX, a Switzerland-based provider of embedded speech solutions, has acquired the Professional Speech Processing group of Siemens AG. No financial terms were disclosed. SVOX had raised VC funding in 2002 and 2003 from Siemens Mobile Acceleration.
2 min read · 27 January 2009
The Active Network, a San Diego-based online community and application technology provider for the active lifestyle/sports market, has agreed to acquire campground reservation provider ReserveAmerica from IAC (Nasdaq: IACI). No financial terms were disclosed. Active Network has raised over $275 million in VC funding, from groups like ABS Ventures, Austin Ventures, Canaan Partners, Charles River Ventures, Dominion Ventures, ESPN, Kettle Partners, Enterprise Partners VC, North Bridge Venture Partners and Ticketmaster
3 min read · 23 January 2009
Xactly Corp., a San Jose, Calif.-based provider of sales compensation and performance management software, has acquired Lowell, Mass.-based rival Centive Inc.. No pricing terms of the all-stock transaction were disclosed. Xactly has raised nearly $60 million in total VC funding since 2005, from firms like Alloy Ventures, Bay Partners, Cheyenne Ventures, Glynn Capital Management, Rembrandt Ventures, Outlook Ventures and Spinner Asset Management. Centive had raised over $96 million since 1998, from firms like Key Venture Partners, Growth Alley, Polaris Venture Partners, Tailwind Capital Partners and VSP Capital.
3 min read · 23 January 2009
1 min read · 22 January 2009
Compliance 360 Inc., an Alpharetta, Ga.-based provider of SaaS enterprise compliance solutions, has acquired Tavilo Inc., a provider of technology that allows third-party data to be mined, examined and analyzed. No financial terms were disclosed. Compliance 360 has raised around $4.25 million from Fulcrum Ventures and individual angels.
3 min read · 21 January 2009
