Private Equity
Synopsys Inc (Nasdaq: SNPS) recently acquired Protecode Inc, a Canadian specialist in open source licensing and vulnerability management solutions. No financial terms were released. Mountain View, Calif.-based Synopsys said the deal expands its presence in the software quality and security market by adding new talent, technology and products to its platform. Founded in 2007, Protecode was a portfolio investment of Canadian venture capital firm Brightspark Ventures. Brightspark first invested in the Ottawa-based company in 2008.
3 min read · 13 November 2015
According to a blog post on its site, Centrica subsidiary Direct Energy has agreed to acquire Panoramic Power, a wireless sensor technology provider, for $60 million. Panoramic Power's backers included Marker, 83North (formerly known as Greylock IL) and Qualcomm.
1 min read · 13 November 2015
Fossil Group has agreed to acquire Misfit Inc, a maker of connected wearable products. The price of the acquisition is $260 million. Misfit's backers include Founders Fund, GGV Capital, Khosla Ventures, Horizons Ventures, Xiaomi and Norwest Venture Partners, according to Crunchbase.
3 min read · 13 November 2015
Joule and Red Rock Biofuels, both of which are backed by Flagship Ventures, have agreed to merge. No financial terms were disclosed. Also, Dr. Brian Baynes, a partner at Flagship Ventures who is currently on the board of both Joule and Red Rock, will become president and CEO of the combined companies. Bedford, Massachusetts-based Joule is an alternative fuel developer while Red Rock Biofuels, which is located in Fort Collins, Colorado, is a provider of renewable biofuels.
4 min read · 13 November 2015
Swrve, a mobile marketing automation business, has raised $30 million in funding. Evolution Media Partners and the Ireland Strategic Investment Fund led the round with participation from other investors that included Acero Capital and Atlantic Bridge. In addition to the funding, Swrve has acquired Adaptiv.io, a mobile-focused data automation platform. No financial terms were disclosed.
4 min read · 11 November 2015
Deliv said Monday it has acquired Zipments. Financial terms weren’t announced. New York-based Zipments, which provides same day delivery service for retailers, is backed by FirstMark Capital, Huron River Ventures, Chicago Ventures and The Windquest Group.
3 min read · 10 November 2015
Genoa, a portfolio company of Advent International, has acquired 1DocWay, a outpatient telepsychiatry provider. No financial terms were disclosed. 1DocWay's backers included iSeed Ventures, Waterline Ventures, Rock Health, Asset Management Ventures and DreamIt Ventures.
3 min read · 09 November 2015
3 min read · 06 November 2015
3 min read · 06 November 2015
2 min read · 05 November 2015
