Berkeley Capital Management of San Francisco has agreed to acquire the investment team of CapitalWorks Investment Partners, a San Diego-based firm that manages approximately $650 million in traditional and alternative assets for institutional investors. No financial terms were disclosed. Lovell Minnick Partners acquired Berkeley Capital Management in 2003 from London Pacific Group. www.Berkeleycm.com
Optiant Inc., a Burlington, Mass.-based provider of inventory planning and optimization solutions, has acquired SLIM Technologies, a Boston-based provider of supply chain network design technology solutions. No financial terms were disclosed. Optiant has raised nearly $40 million in VC funding from firms like Battery Ventures, Castile Ventures and LogiSpring. www.optiant.com www.slimcorp.com
PatchLink Corp., a Scottsdale, Ariz.-based provider of security patch and vulnerability management solutions, has acquired a vulnerability database unit from Harris Corp. (NYSE: HRS). No financial terms were disclosed. PatchLink has raised around $40 million in VC funding from firms like Bay Partners, GIC, Granite Global Ventures and Scale Venture Partners. www.patchlink.com
Ikaria, a Seattle-based biotech company focused on critical care solutions, has agreed to acquire INO Therapeutics LLC, a Clinton, N.J.-based developer of gaseous drugs like inhaled nitric oxide for treatment of hypoxic respiratory failure in newborns, from Linde AG. The deal is valued at approximately $670 million, with New Mountain Capital providing around $200 million […]
Mobixell Inc., a Wellesley, Mass.-based provider of mobile multimedia solutions, has agreed to acquire the assets of Adamind (LSE:ADA), a Palo Alto, Calif.-based supplier of media adaptation software for the mobile messaging, content, and convergence services markets. The deal reportedly is valued at around $5.5 million. Mobixell has raised around $23 million in VC funding […]
Altra Holdings Inc. (Nasdaq: AIMC) has agreed to acquire fellow power transmission company TB Wood's Corp. (Nasdaq: TBWC) for $24.80 per share in cash. The total deal is valued in excess of $120 million, and is expected to close next quarter. Altra went public in December, with private equity backer Genstar Capital still holding a […]
Clearwire Corp., a Kirkland, Wash.-based WiMAX company, has acquired a large swath of wireless 2.5 GHz spectrum from AT&T for $300 million in cash. The FCC had mandated that AT&T sell the spectrum
ChipX, Santa Clara, Calif.-based provider of ASIC products, has agreed to acquire the ASIC engineering team and assets of Oki Semiconductor Company. In addition, Oki Semiconductor has become a turnkey foundry for ChipX and has licensed its embedded array and Gate array technology and internally-developed IP to ChipX. No financial terms were disclosed. ChipX raised […]
Argos Utilities Corp., a Bethesda, Md.-based provider of transmission and distribution services to utility customers, has completed its acquisition of Contracting Enterprises Inc., a Roanoke, Va.-based provider of utility construction services to electric and gas utilities in Virginia, West Virginia and Tennessee. Cadent Energy Partners provided equity to support the acquisition, while a senior note […]
SunGard has acquired Aceva Technologies, a San Mateo, Calif.-based provider of enterprise applications for revenue and receivables management. No financial terms were disclosed. SunGard was acquired in 2005 by seven private equity firms, while Aceva had raised over $50 million in VC funding since its 1999 inception, from firms like Sequoia Capital, Accel Partners and […]