IBM agrees to buy VC-backed Silverpop

IBM said Thursday that it has agreed to acquire Silverpop. No financial terms were disclosed for the transaction, which is expected to close in the second quarter of 2014. Based in Atlanta, Silverpop is a provider of digital marketing technology. Its backers include Escalate Capital Partners, D.E. Shaw, Draper Fisher Jurvetson and Silicon Valley Bank.


peHUB Second Opinion

In second opinion, the IRS says Bitcoin isn’t a currency, is there a bubble in the IPO market, JPMorgan’s loss of Mike Cavanagh to the Carlyle Group represents succession of all sorts and U.S. college students only have to pay $4.99 for Spotify now.


VC-backed Welltok buys mobile health firm Mindbloom

Welltok, a health optimization company in Denver, has acquired Mindbloom. No financial terms were disclosed. Based in Seattle, Mindbloom is a mobile health firm. Welltok’s backers include NEA, IBM, Qualcomm Ventures, Emergence Capital Partners, InterWest Partners and Miramar Venture Partners.

SRS Wants You to Play AcqMan for the Holidays

Shareholder Representative Services is trying something new this holiday season. SRS is unveiling AcqMan — acq is short for acquisition–a game which tests players’ knowledge of M&A. This is how it works: Users pick from six different AcqMan avatars that represent different deep-pocketed strategic buyers. Choices include Dell, Google, IBM, Microsoft, Oracle and Takeda.

IBM Acquires Butterfly Software

IBM has acquired Butterfly Software, a privately held data analysis and migration software company headquartered in Maidenhead, England. Financial terms were not disclosed. Butterfly will become part of IBM’s software group.

Streetline Gets $25M Citibank Credit Facility

Streetline, Inc. said it received a $25 million credit facility from Citibank in collaboration with IBM for cities to adopt new parking technologies without upfront costs. Streetline’s parking platform detects the presence of a car through a network of ultra-low power wireless sensors located in individual parking spaces and the information is then made available […]

IBM Acquires Q1 Labs

IBM is acquiring Q1 Labs, a Waltham, Mass.-based company that sells security intelligence software. Financial terms of the deal were not disclosed, but Q1 Labs, founded in 2001and has received venture backing from Polaris Venture Partners, Menlo Ventures, BDC Venture Capital and Globespan Capital Partners among others over the years. PRESS RELEASE: IBM (NYSE: IBM) […]

IBM Buying British Security Co. i2

IBM is paying an undisclosed amount to buy British security analytics software firm i2, Reuters reported. The deal is expected to close in the fourth quarter. Cambridge, England-based i2 says its software was used by U.S. forces track down former Iraqi leader Saddam Hussein in 2003, Reuters wrote. The company has roughly 350 empoyees across Britain, the US and Australia.

PEHUB Community

Join the 12494 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

Look Who’s Tweeting

Reuters VC and PE feed

RSS Feed Widget