Broadcom Corp. (Nasdaq: BRCM) has agreed to acquire LVL7 Systems Inc., a Morrisville, N.C.
IBM (NYSE: IBM) has agreed to acquire Vallent Corp., a Bellevue, Wash.-based supplier of network performance monitoring and service management software for wireless service providers. No financial terms were disclosed for the deal, which is expected to close next quarter. Vallent has raised over $83 million in VC funding since 1999, from firms like Ericsson […]
Symantec (Nasdaq: SYMC) has agreed to acquire the IP and other certain assets of Revivio Inc., a Lexington, Mass.-based provider of continuous data protection solutions. No financial terms were disclosed, although various press reports estimate a $20 million price-tag. Revivio had raised around $52.5 million over three rounds of VC funding, from firms like Charles […]
FuturaGene PLC (AIM: FGN) has agreed to buy CBD Technologies Ltd., a Rehovot, Israel
It seems that ludicrous/lucrative transaction and management fees aren’t all that HCA disclosed in the 8-K form it filed last Friday with the SEC. Check out this passage that reader Zach noticed on page 12 (the bolding is mine): “In each of the employment agreements with the Executives (exclusive of Robert A. Waterman), the Company also commits to […]
NeuStar Inc. (NYSE: NSR) has acquired Followap Inc., a UK-based provider of mobile instant messaging products in Europe and Asia, for approximately $139 million in cash. NeuStar said that it projects Followap revenue to exceed $25 million in 2007 and to more than double in 2008. Followap raised $12 million in a 2001 Series B […]
Informatica Corp. (Nasdaq: INFA) has agreed to acquire Itemfield Inc., a San Mateo, Calif.-based provider of XML-based data transformation software, for approximately $55 million in cash. Itemfield has raised around $17.5 million in total VC funding since its 2000 inception, from firms like Accel Partners, Evergreen Capital Partners, Foundation Capital and Gemini Israel. www.informatica.com www.itemfield.com
VeriSign Inc. (Nasdaq: VRSN) has agreed to acquire inCode Wireless Inc., a San Diego-based business and technology consulting firm focused on mobility solutions. The deal is valued at approximately $52 million. InCode has raised over $20 million in VC funding from firms like Sequoia Capital, Focus Ventures and inOvate Communications Group. www.verisign.com www.incodewireless.com
Roark Capital Group of Atlanta recently acquired Schlotzsky’s Inc., an Austin, Texas-based sandwich shop chain with around $210 million in annual revenue. The deal was officially made by Roark-controlled Focus Brands, and is just the latest in a long line of restaurant industry deals this year. So let’s play Five Questions with Neal Aronson, managing […]
In 2001, the Boston Red Sox hiked ticket prices just 24 hours after the New England Patriots had won their first Super Bowl. It was an egregious increase, but no one noticed. People also don’t notice much on the day after Thanksgiving, because they either are suffering tryptophan hangovers or are in pre-stampede mode at […]