Andreessen Horowitz is paying close attention to the rising tide of hardware innovation and plans to keep the foot on the gas of the services it offers portfolio companies, according to General Partner Ben Horowitz.
(Reuters) – Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company said on Wednesday.
Catterton Partners, which is out fundraising for its seventh pool, is taking portfolio company Noodles public. The consumer-focused PE firm acquired a stake in Noodles in December 2010.
From their work ethic to their idealism, people in Silicon Valley tend to do things a bit differently. Turns out those differences extend to the way many of Silicon Valley’s newly rich think about generational wealth.
SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, sources told Reuters.
Guest columnist Philippe T. Schenk of Grove Street wonders if the uncertainty around taxes in Q4 affected PE investment decisions and led to a misalignment of interests between the taxable GP and the tax-exempt LP.
The Valence Group’s Anton Ticktin, who’s been focused on mergers and acquisitions in the chemical sector since the late 1990s, ranks 2013’s deal prospects as bullish, with major private equity players wading in. “We have a very strong pipeline,” Ticktin said in a phone interview. “We think 2013 will remain pretty robust, maybe not at the peak of 2011, but certainly at a high level—maybe the same as 2012.”
The IPO of HD Supply could provide a way for Bain Capital, the Carlyle Group and Clayton Dubilier & Rice to recoup their investment.