CounterTack closes $20 mln Series B round with funding from Alcatel-Lucent

CounterTack, which delivers real-time threat detection, has closed out its $20 million Series B funding with an investment from Alcatel-Lucent. Other investors in the Series B round include organizations in the commercial and federal sectors, including Goldman Sachs, the venture capital arm of Siemens, Fairhaven Capital, Razor’s Edge and OnPoint Technologies, the VC arm of the U.S. Army.

Jimmy Choo shoes founder Mellon shows off her OBE in London
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peHUB Second Opinion

In Second Opinion, Tamara Mellon, co-founder of Jimmy Choo shoes, says sexual discrimination and inequality in private equity made her a feminist, Box raises another $150 mln in funding from TPG and Coatue, and Uber cuts the price of UberX rides in NYC by 20%.

Mitsui leads investment in LanzaTech’s $60mln Series D

LanzaTech has secured Series D funding led by Mitsui & Co and also new investors Siemens via its venture capital unit and CICC Growth Capital Fund I. Existing investors include Khosla Ventures, Qiming Venture Partners, K1W1 and the Malaysian Life Sciences Capital Fund. LanzaTech is a gas fermentation technology business founded in New Zealand and headquartered in the US.

Siemens Acquires Sequoia And Foundation Backed EMeter

Siemens Industry, Inc. said it agreed to acquire all of the stock of eMeter Corporation. The deal for the San Mateo, Calif., company is expect to close in December 2011. EMeter is backed by Sequoia Capital, Northgate Capital and Foundation Capital. No terms were disclosed. PRESS RELEASE Siemens to Acquire eMeter to Enhance Smart Grid […]

Nokia, Siemens Nix Plans to Sell Stake in NSN

After roughly a year of talks with various private equity firms, Nokia and Siemens have ditched plans to sell a stake in their joint venture Nokia Siemens Networks, Reuters reported. The companies had been in talks with private equity groups including Gores Group, Reuters said.

Semprius Raise $20M Series C From Siemens, ARCH, Applied, Others

Semprius, Inc. said Thursday it raised $20 million in a first tranche of a Series C round. Siemens Venture Capital led the investment round in the solar module maker and was joined by ARCH Venture Partners, Applied Ventures, Illinois VENTURES, Intersouth Partners, In-Q-Tel and GVC Investment. Semprius will use the funding to construct a pilot […]

FT: PE Shops Looking to Invest in Nokia Siemens Networks

PE firms are in talks to invest in Nokia Siemens Networks, the network equipment joint venture owned by Nokia and Siemen.

However, neither Nokia nor Siemens is seeking an early exit from NSN, the Financial Times reported Sunday.
A handful of investors are interested in NSN. A deal could be worth $1 billion and raises the possibility of an IPO, the FT said.

Last month, the FT said that Blackstone and TPG were interested in NSN while Silver Lake Partners and Bain Capital were linked. Not all of the companies are still involved, a source told the FT.

Siemens To Drop Hearing Aid Unit Sale

MUNICH/FRANKFURT (Reuters) – German industrial conglomerate Siemens has decided to scrap plans to sell its hearing aid unit because bids were too low, two sources familiar with the matter said. The formal decision will be made in the next few days, most likely on Tuesday or Wednesday, they told Reuters on Monday, adding Siemens Healthcare […]

Low Bids Prompt Siemens To Rethink Hearing Aid Biz Sale

FRANKFURT/MUNICH (Reuters) – German industrial group Siemens (SIEGn.DE) is considering alternatives to disposal for its hearing aid unit because of low bids and may look at a tie-up or even growing it on its own. Board member Hermann Requardt told a general staff meeting on Tuesday Siemens was ready to explore distribution partnerships with retailers, […]

PE Firms Contact Aplifon About Siemens Hearing Aid Tie-Up

MILAN (Reuters) – Italy’s Amplifon (AMPF.MI) has been contacted by several private equity funds for a possible tie-up with the hearing-aid unit of Siemens (SIEGn.DE) and Germany’s Geers, a person close to the talks said. “These funds are very interested in such an operation, which would combine Siemens Audiology, which is a manufacturer, with someone […]

KKR Working with Hellman on Siemens Hearing Aid Bid

LONDON/FRANKFURT (Reuters) – Switzerland’s Synthes Inc (SYST.VX) and Australia’s Cochlear Ltd (COH.AX) have emerged as suitors for Siemens AG’s (SIEGn.DE) hearing aid unit ahead of binding bids due in late February, sources familiar with the matter said. The two companies are joining five private equity firms in pursuit of the unit, which sells one in […]

Montagu Buying Siemens’ Airfield Lighting Unit

LONDON (Reuters) – Montagu Private Equity, the British buyout house, said on Thursday it has agreed a deal to acquire airfield lighting company ADB Airfield Solutions from Siemens AG (SIEGn.DE). The companies did not disclose financial terms of the deal. Late last month Thomson Reuters LPC reported that Bank of Ireland and West LB were […]

Montagu In Exclusive Talks for ADB Airfield Solutions

LONDON (Reuters) – Montagu Private Equity has been granted exclusivity in the auction of Siemens’ (SIEGn.DE) ADB Airfield Solutions unit, banking sources said on Thursday. Bank of Ireland and WestLB are leading a buyout financing of 70-80 million euros ($99.65 million) backing the purchase, which consists of term loans, working capital and bonding facilities, one […]

Gores and Siemens Prep Bid for Nortel’s Enterprise Assets

TORONTO (Reuters) – A joint venture of private equity firm Gores Group and Germany’s Siemens AG said on Wednesday it is pushing to submit a bid to acquire the enterprise solutions business of bankrupt Canadian telecom equipment maker Nortel Networks. The venture, called Enterprise Networks Holdings (ENH), said it is expending considerable resources, time and […]

Siemens Launches VC Fund-of-Funds

Siemens is forming a $200 million venture capital fund-of-funds, which is designed to invest globally. It already has secured around half its target, with participation of the German Siemens pension funds and two European insurers.

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