Boston Ventures has agreed to sell Vista III Media, an Atlanta-based regional provider of cable television, high-speed Internet and telephony services, to Harron Communications LP, a Frazer, Penn.-based multi-system cable and communications services company doing business as MetroCast Communications. No financial terms were disclosed. Boston Ventures also is an investor in Harron. PRESS RELEASEBoston […]
Fender Musical Instruments Corp., a Scottsdale, Ariz.-based guitar maker partially owned by Weston Presidio, has agreed to acquire Kaman Music Corp. from Kaman Corp. (Nasdaq: KAMN) for approximately $117 million in cash. PRESS RELEASEKaman Corporation announced today that it has entered into a definitive agreement to sell its wholly owned subsidiary, Kaman Music Corporation […]
Xtera Communications, an Allen, Texas-based optical networking and services company, has acquired AscenVision Technologies, a San Jose, Calif.-based developer of IP networking solutions. No financial terms were disclosed. Xtera has raised over $218 million in total VC funding, including a $52 million seventh round earlier this year. Backers include The Wellcome Trust, New Enterprise Associates […]
Liquid Air Lab GmbH, a Germany-based developer of “spodradio” mobile radio and podcasting solutions, has acquired Rocket Science, developer of the Poison framework. Liquid Air has raised over $12 million in VC funding from Balderton Capital and Baytech Venture Capital. PRESS RELEASERocket Science, founded in 2002, developed the Poison framework which allows XML-based UI […]
80108 Media and Go2 have merged, into a single company focused on localized, personal mobile content. No terms of the deal were disclosed. 80108 has raised VC funding from General Catalyst Partners, IDG Ventures Boston, Khosla Ventures and Borealis Ventures. PRESS RELEASEgo2
Pioneer Surgical Technology, a Marquette, Mich.-based maker of spinal and orthopedic implants, has acquired Angstrom Medica Inc., a Woburn, Mass.-based developer of an implantable nanotech-based medical device that can remodel human bone. No financial terms were disclosed. Pioneer has raised over $32 million in VC funding from such firms as Pharos Capital Group, Highlander Partners, […]
Haggin Marketing Inc., a Mill Valley, Calif.
North Pointe Holdings Corp. (Nasdaq: NPTE) has agreed to sell its Home Pointe Insurance Co. subsidiary, which comprises its Florida homeowners and dwelling fire operations, to American Capital Assurance Corp., a subsidiary of Safe Harbour Holdings LLC. The deal is valued at approximately $15.3 million. Safe Harbour is backed by Arx Holding Corp., Flexpoint Partners […]
Platial Inc., a Portland, Ore.-based online aggregator of stories, reviews and multimedia for local geographies, has acquired social mapping company Frappr. No financial terms were disclosed. Platial earlier this year raised $2.4 million from KeyNote Ventures, Kleiner Perkins, Caufield & Byers, Omidyar Network, Ram Shriram and Ron Conway. www.platial.com www.frappr.com
Industrial Equity Investments Ltd., an international investment firm based in Ireland, has agreed to acquire Tokyo-based agrochemical company Arysta LifeScience Corp. from Olympus Capital Holdings Asia. No financial terms were disclosed for the deal, which is expected to close in early 2008. IEIL is owned by Permira, which provided all of the acquisition's equity. PRESS […]