Private Equity
Hologic has agreed to acquire Sunnyvale, California-based Focal Therapeutics, a medical device company, for $125 million. Focal Therapeutics was backed by Okapi Venture Capital and Emergent Medical Partners, according to Crunchbase.
3 min read · 01 October 2018
Liferay Inc, a software creator, has acquired a controlling stake in Reston, Virginia-based Triblio, an account-based marketing platform. No financial terms were disclosed. Triblio's backers included Longworth Venture Partners and Kepha Partners.
3 min read · 01 October 2018
Grubhub has agreed to acquire Israeli-based Tapingo, provider of an on-campus food ordering platform, for $150 million. The deal is expected to close in the fourth quarter. Tapingo, which also has an office in San Francisco, has raised about $36 million in venture funding from Khosla Ventures, Qualcomm Ventures, Viola Ventures and DCM Ventures, among others.
1 min read · 25 September 2018
Vonage Holdings Corp said Sept. 20 that it agreed to buy NewVoiceMedia for $350 million. NewVoice is a cloud Contact Center-as-a-Service (CCaaS) provider. NewVoice is backed by investors including BGF Ventures, Bessemer Venture Partners (BVP), Eden Ventures, Highland Capital Partners Europe, Salesforce Ventures and Technology Crossover Ventures. Update: Phil Berkowitz, Jason Greenberg and Paul Zangrilli of Jefferies advised NewVoiceMedia. Samantha McGonigle and Kevin Sullivan of Weil, Gotshal & Manages provided legal advice.
7 min read · 20 September 2018
Walmart Inc has acquired Cornershop Inc, an on-demand grocery delivery service for the Latin American market. No financial terms were disclosed. Cornershop's backers included Accel, Creandum, Jackson Square Ventures and Endeavor Catalyst, according to Crunchbase.
3 min read · 14 September 2018
WeWork has agreed to acquire Teem, a software and analytics provider, according to a blog post on the former company's site. No financial terms were disclosed. Teem's backers included NGP Capital, Origin Ventures, Zetta Venture Partners, GE Ventures, Peak Ventures and Greycroft, according to Crunchbase.
1 min read · 13 September 2018
Boehringer Ingelheim has acquired Austria-based ViraTherapeutics, a developer of virus-based immunotherapeutics for the treatment of cancer, for $245 million. ViraTherapeutics was a portfolio company of EMBL Ventures.
4 min read · 13 September 2018
Bonfire Interactive Ltd, a Waterloo-based public sector sourcing technology provider, has agreed to be acquired by GTY Technology Holdings Inc (Nasdaq: GTYH) for about $140 million (US$108 million). The deal, expected to close in Q1 2019, will see Bonfire merge with five other platforms, creating a listed North American software company focused on the government sector. Bonfire was founded in 2012 CEO Corry Flatt and CTO Alex Millar. Last year, the company closed an $11 million Series A financing led by Battery Ventures and joined by Crosslink Capital and Spider Capital. GTY, a U.S. special purpose acquisition company (SPAC), raised US$552 million in its initial public offering in 2016.
4 min read · 12 September 2018
Boston Scientific has agreed to acquire Waltham, Massachusetts-based Augmenix, which develops radiation oncology products to treat prostate cancer. The deal includes $500 million in cash, and up to $100 million based on milestones. Augmenix, previously known as SpaceOAR and founded in 2008, had raised funding from Excelestar Ventures, Ascension Health Ventures, Catalyst Health Ventures, Pinnacle Ventures and the Sparta Group.
1 min read · 07 September 2018
Swedish telecommunications giant Ericsson (Nasdaq: ERIC) has agreed to acquire CENX, a provider of service assurance software solutions to mobile, wireline and enterprise network companies. No financial terms were disclosed. Founded in 2009 and based in Jersey City, New Jersey, CENX has its research and development facility in Ottawa. Ericsson has held a stake in CENX since 2012. The company's other investors include BDC Capital, Cross Creek Advisors, DCM Ventures, Highland Capital Partners, Mesirow Financial, Mistral Venture Partners and Verizon Ventures.
3 min read · 05 September 2018
