Private Equity
Kinetic Technologies has acquired Silicon Valley-based Akros Silicon, a provider of energy management ICs. No financial terms were disclosed. Akros Silicon's backers included Technology Partners, U.S. Venture Partners, Levensohn Venture Partners and SPM Capital.
2 min read · 29 September 2015
XL Group plc's venture capital fund XL Innovate has acquired New Energy Risk Inc. No financial terms were disclosed. New Energy Risk is a products provider for the cleantech sector.
3 min read · 29 September 2015
Yahoo Inc (YHOO.O) said on Monday it would proceed with the planned spinoff of its stake in Alibaba Group Holding Ltd (BABA.N) even though the IRS has declined to rule on whether the transaction would be tax free, Reuters News reported.
2 min read · 29 September 2015
German publisher Axel Springer said on Tuesday it would buy 88 percent of news website Business Insider valued at $343 million, Reuters News reported.
1 min read · 29 September 2015
Alibaba Group Holding Ltd. and Ant Financial Services Group have invested in Paytm. Financial terms weren’t announced. Paytm, of New Delhi NCR, is a mobile payment & commerce platform in India. Ant Financial previously invested in Paytm in February. Citi provided financial advice to Paytm.
4 min read · 29 September 2015
According to a blog post on its site, Prosper Marketplace has acquired Israel-based personal finance company BillGuard. No financial terms were disclosed. BillGuard's backers included Khosla Ventures, Founders Fund, Innovation Endeavors, Bessemer Venture Partners and IA Ventures.
1 min read · 24 September 2015
Aspire Ventures and Yellow Brick Capital Advisers are merging. Financial terms weren’t announced. The new organization will be called Aspire Universal. London-based Yellow Bridge advises high net worth families and individuals. Aspire, of Lancaster, Pennsylvania, backs five to 10 early stage start-ups each year.
3 min read · 24 September 2015
WalmartLabs has acquired PunchTab, the latter announced in a blog post on its site. No financial terms were disclosed. Based in Palo Alto, California, PunchTab is an omni-channel engagement and insights platform. Its backers included Mohr Davidow Ventures, The Social+Capital Partnership and Crunch Fund.
1 min read · 23 September 2015
Monroe Capital LLC has provided $57.5 million in financing to back Battery Ventures’ acquisition of NICE's physical security business unit. PSBU has been rebranded Qognify and will leverage big data to manage security and safety risks.
2 min read · 22 September 2015
Axel Springer is near a transaction to buy Business Insider in a deal that values the company at $560 million, Re/code reported. A deal for the business news site could come in weeks, the story said. The German publisher already owns a stake in Business Insider, Re/code said.
1 min read · 22 September 2015
