Single Touch Interactive, a San Diego
Citigroup Inc. has completed its acquisition of Automated Trading Desk LLC, a Mount Pleasant, S.C.-based developer of automated trading and customized equity execution solutions. When the deal was announced back in July, Citigroup had said that it was worth around $680 million in cash and stock ($102.6m cash, 11.17m Citigroup shares). That figure later dropped […]
Yahoo Inc. (Nasdaq: YHOO) has received federal antitrust clearance for its $300 million cash acquisition of BlueLithium Inc. San Jose, Calif.-based online ad network. BlueLithium raised an $11.5 million VC round in 2005 from 3i Group and Walden Venture Capital.
AzoogleAds of New York has acquired fellow search engine marketing company Bazaar Advertising Solutions Inc. of San Francisco. No financial terms were disclosed. Azoogle has raised VC funding from TA Associates the The Sripes Group. www.azoogle.com www.bazaaradvertising.com
Jeffrey Leiden, a managing director with Clarus Ventures, has joined the board of directors with Millennium Pharmaceuticals Inc. (Nasdaq: MLNM). Prior to joining Clarus, Leiden had served as president and COO of Abbott Labs' global pharmaceuticals business. www.millennium.com
Joyce Chung and Henry Wong have joined Garage Technology Ventures as managing director and venture partner, respectively. Chung previously co-founded Cardinal Venture Capital and, before that, was a director with Adobe Ventures. Wong has served as an advisor to Garage since 2002, while also running China-focused venture fund Diamonf TechVentures. www.garage.com
Frontier Capital, a Charlotte, N.C.-based growth equity firm, has closed its second fund with $115 million in capital commitments. Limited partners include Lockheed Martin Corp., Alpheus Group, Parish Capital, the Duke Endowment, Brooke Private Equity Advisors, Little Hawk Capital Management, Pittco Management and Keystone Private Equity. www.frontiercapital.com
NEW YORK (AP) – China Digital TV Holding Co. boosted the expected price range of its planned initial public offering, according to a regulatory filing Wednesday, in a sign of strong demand. China Digital now expects its IPO to price between $13 and $15 per American Depositary Share. Previously, the company expected the offering to […]
SandRidge Energy Inc. (f.k.a. Riata Energy), an Oklahoma City-based oil and gas exploration and production company, has set its IPO terms to 26 million common shares being offered at between $22 and $24 per share. It plans to trade on the NYSE under ticker symbol SD, with Lehman Brothers serving as lead underwriter. Ares Management […]
AmWINS Group Inc., a Charlotte, N.C.-based wholesale distributor of specialty insurance products and services, has withdrawn its registration for a $115 million IPO. The company did not provide an explanation for its decision. AmWINS had planned to trade on the NYSE under ticker symbol AGI, with Merrill Lynch and Wachovia Securities serving as co-lead underwriters. […]