Private Equity
SpringSource, a San Mateo, Calif.-based provider of an enterprise Java application server, has acquired G2One Inc., maker of Groovy and Grails. No financial terms were disclosed. SpringSource has raised over $15 million in VC funding from Benchmark Capital and Accel Partners.
4 min read · 12 November 2008
Antenna Software, a Jersey City, N.J.-based provider of enterprise mobility solutions, has acquired the assets of Vettro Corp., a New York-based provider of mobile applications for the field service industry. No financial terms were disclosed. Antenna Software has raised $53 million in VC funding since 2001, from firms like Commonwealth Capital Ventures, North Bridge Venture Partners and Polaris Venture Partners. Vettro had raised over $40 million since 2000, from firms like Greylock Partners, Globespan Capital Partners, Kodiak Venture Partners and Sigma Partners.
3 min read · 11 November 2008
Boingo Wireless Inc., a Santa Monica, Calif.-based operator of Wi-Fi networks, has acquired Opti-Fi Networks, a provider of Wi-Fi infrastructure implementation and management for airports, from Parsons Transportation Group and ARINC. No financial terms were disclosed. Boingo has raised over $63 million in VC funding from Mitsui & Co., New Enterprise Associates, Sternhill Partners, Evercore Partners, Steelpoint Capital and Red Rock Ventures.
3 min read · 11 November 2008
Endocare Inc. (Nasdaq: ENDO) has agreed to merge with Galil Medical Ltd., an Israel-based maker of cryotherapy systems for use in kidney and prostate cancer treatments. Under terms of the arrangement, Endocare stockholders will hold 52% of the combined company, while Galil shareholders will hold the remaining 48 percent. Galil Medical has raised over $40 million in VC funding from firms like Thomas, McNerney & Partners, The Vertical Group and Elron Electronic Industries Ltd.
4 min read · 11 November 2008
SmartSynch Inc., a Jackson, Miss.-based provider of public wireless smart metering technology, has acquired Applied Mesh Technologies, a Macon, Ga.-based provider of energy monitoring and usage control solutions to to utilities and their enterprise customers. No financial terms werei disclosed. SmartSynch has raised around $80 million in total VC funding since 2000, from firms like Battelle Ventures, Beacon Group, Credit Suisse, Endeavor Capital Management, GulfSouth Capital, Innovation Valley Partners, Kinetic Ventures, OPG Ventures and Siemens Venture Capital.
3 min read · 07 November 2008
Adknowledge, a Kansas City-based provider of behavioral online advertising solutions, has acquired the advertising business of Lookery for an undisclosed amount. Adknowledge raised $48 million in funding in 2006 from Technology Crossover Ventures.
2 min read · 07 November 2008
Barracuda Networks Inc., a Campbell, Calif.-based provider of email and Web security appliances, has acquired BitLeap, a provider of offsite data backup and disaster recovery solutions. No financial terms were disclosed. Barracuda raised a $40 million Series A round in 2005 from Sequoia Capital and Francisco Partners.
4 min read · 07 November 2008
Perfect Market Inc., a Pasadena, Calif.-based provider of marketing services for publishers, has acquired Media River Technology, a provider of technology for instantly matching content and advertising. No financial terms were disclosed. Perfect Market has raised nearly $40 million in VC funding since 2005, from firms like Mayfield Fund, Idealab, Rustic Canyon Partners, Trinity Ventures and Square 1 Ventures.
3 min read · 04 November 2008
SilkRoad Technology Inc., a Winston-Salem, N.C.-based provider of online talent management solutions, has acquired VTN Technologies Inc., a San Diego–based provider of a Web-based learning environment. No financial terms were disclosed. SilkRoad has raised over $54 million in VC funding from firms like Foundation Capital and Azure Capital Partners.
3 min read · 04 November 2008
Reunion.com, a Los Angeles-based social networking site aimed at adults, has acquired smaller rival Wink. No financial terms were disclosed. Reunion.com has raised over $27 million in VC funding from firms like Oak Investment Partners, while Wink had raised around $6 million from Cambrian Ventures and Greylock Partners.
3 min read · 04 November 2008
