Private Equity
Chinese smartphone maker Huawei is negotiating the acquisition of Israeli start-up HexaTier, whose technology secures databases in the cloud, industry sources in the two countries said on Tuesday.
1 min read · 20 December 2016
NETGEAR Arlo has acquired New York City-based urban intelligence platform Placemeter, the latter announced in a blog post on its site. No financial terms were disclosed. Placemeter's backers included New Enterprise Associates, Kima Ventures, FundersClub and Correlation Ventures.
1 min read · 16 December 2016
Unilever has agreed to buy Living Proof, a hair care brand. No financial terms were disclosed. Living Proof's backers included Polaris Partners and Leerink Partners. The deal is expected to close in the first quarter of 2017.
2 min read · 16 December 2016
Online food delivery company Just Eat has agreed to buy rivals hungryhouse in Britain and SkipTheDishes in Canada, spending more than US$300 million to strengthen its leading position in both markets, Reuters reported. The London-listed firm said it would pay an initial $110 million for Winnipeg's SkipTheDishes, a delivery service focused on lower density metropolitan and suburban areas which has 2,900 restaurants listed and 350,000 active customers. SkipTheDishes raised a seed round in June 2015.
2 min read · 15 December 2016
Chinese interest in a takeover of lighting group Osram Licht AG has cooled amid signs of mounting political opposition to Chinese takeovers in Germany, sources told Reuters.
1 min read · 13 December 2016
Cloudflare has acquired Eager Platform Co, an app platform for web property owners. No financial terms were disclosed. Cloudflare's backers include New Enterprise Associates, Union Square Ventures, Venrock, Pelion Venture Partners, Greenspring Associates, CapitalG, Microsoft, Baidu, Qualcomm and Fidelity.
3 min read · 13 December 2016
American Express has acquired InAuth Inc, a mobile device authentication and intelligence solutions provider. No financial terms were disclosed. InAuth's backers included Bain Capital Ventures, Commerce Ventures and Three Tree Ventures.
4 min read · 08 December 2016
Wearable device maker Fitbit Inc said it had bought smartwatch maker Pebble Technology's software and intellectual property as it looks to strengthen its position in the wearables market, Reuters reported. The financial terms of the deal were not disclosed, although Bloomberg had earlier reported that it was valued at less than US$40 million. Palo Alto, California's Pebble was launched in 2008 by Canadian entrepreneur Eric Migicovsky, a University of Waterloo engineering graduate. The company's investors included U.S. venture capital firm CRV .
1 min read · 07 December 2016
Delta-Q Technologies Corp, a Vancouver provider of battery charging solutions for electric vehicles and industrial machines, has been bought by Italy's Zapi SpA. No financial terms were released for the acquisition, which included shares held by Canadian growth equity firm Tandem Expansion Fund. Zapi, a specialist in motion control for battery and hybrid-powered vehicles, said it will support Delta-Q's growth plans under the existing brand name. Delta-Q, which is led by Co-Founder and CEO Ken Fielding, has been backed by Tandem since 2010. In that year, Tandem invested $17 million in the company.
3 min read · 07 December 2016
Sienna Biopharmaceuticals Inc has acquired Creabilis plc, a specialty pharmaceutical company focused on developing treatments for common inflammatory skin conditions. The price of the transaction could exceed $150 million. Sienna backers included ARCH Venture Partners, Partner Fund Management, Altitude Life Science Ventures, Venvest Capital and Two River. Creabilis was backed by Sofinnova Partners, Neomed and AbbVie Biotech Ventures.
3 min read · 06 December 2016
