Great Hill Partners has agreed to acquire a minority interest in Freightquote.com Inc., a Lenexa, Kan.-based provider of freight transportation information, according to VentureWire and a Federal Trade Commission report. Freightquote has raised around $45 million in VC funding since its 1998 inception, from firms like Menlo Ventures and Morgan Stanley Venture Partners. It also […]
GroSolar, a White River Junction, Vt.
Primavera Systems Inc., a Bala Cynwyd, Pa.-based provider of project and portfolio management software, has acquired two companies: ProSight Inc., a Portland, Ore.-based provider of portfolio analysis solutions, and Pertmaster Ltd., a UK-based risk analysis and mitigation solutions company. No financial terms were disclosed. Francisco Partners and Insight Venture Partners acquired a majority stake in […]
Abbott Labs (NYSE: ABT) and Enanta Pharmaceuticals have signed a global agreement to jointly develop and commercialize hepatitis C virus (HCV) NS3 and NS3/4A protease inhibitors. Upon closing, Entanta will receive a $57 million upfront payment, which includes both cash and an equity investment, while the entire deal could be worth more than $250 million. […]
DemandTec Inc., a San Carlos, Calif.-based provider of consumer-centric merchandising software, has acquired TradePoint Solutions Inc., a Pleasanton, Calif.-based provider of online deal management software linking manufacturers, sales agencies and retailers on one platform. No financial terms were disclosed. DemandTec has raised around $50 million in total VC funding since 1999 — including a 2003 […]
Apex Companies LLC, a Rockville, Md.-based environmental services firm, has acquired The SI Companies, an Arlington, Ill.-based environmental consulting and water utility maintenance firm. No financial terms were disclosed. Apex is a portfolio company of Blue Point Capital Partners. www.bluepointcapital.com
Local Insight Media LLC, a provider of print directories and Internet-based local search services in Alaska and the Caribbean, has agreed to merge with CBD Media LLC, a publisher of the Cincinnati Bell-branded yellow pages. The deal will result in Local Insight owner Welsh, Carson, Anderson & Stowe owning a majority of the combined company, […]
Hexaware Technologies, a Mumbai, India-based IT and BPO service provider, has completed its acquisition of FocusFrame Inc., a Mountain View, Calif.
BitTorrent, a San Francisco P2P file-sharing company, has acquired the uTorrent application for an undisclosed amount. BitTorrent last week raised $20 million from Accel Partners and DCM, and is in talks to raise an additional $5 million. www.bittorrent.com
TelePacific Communications, a Los Angeles
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