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James Huang has joined Vivo Ventures as an executive-in-residence. He will work with the firm's existing portfolio companies, and held expand its presence in Asia. Huang previously was president of drug company Anesiva.   PRESS RELEASEVivo Ventures, a venture capital firm specializing in life science investments, today announced that James Huang will join the firm […]
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 […]
XDx Inc., a South San Francisco-based molecular diagnostics company that develops tests for the monitoring of transplant rejection and autoimmune diseases, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol XDXI, with JPMorgan and Morgan Stanley serving as co-lead underwriters.   The company has raised over $46 […]
Ulta Salon, Cosmetics & Fragrance, a Romeoville, Ill.-based beauty retailer and salon operator, has increased its IPO terms to around 8.55 million common shares being offered at between $17 and $18 per share. It would have an initial market cap of approximately $1.02 billion, were it to price at the high end of its range. […]
ARYx Therapeutics Inc., a Fremont, Calif.
Del Frisco's Restaurant Group LLC, a Wichita, Kansas-based developer and operator of high-end steakhouses, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol FINE, with Piper Jaffray serving as lead underwriter. Del Frisco's is owned by Lone Star Funds. www.delfriscos.com
Cisco Systems has agreed to acquire Navini Networks Inc., a Richardson, Texas-based provider of broadband wireless access equipment, for $330 million in cash and assumed options. Navini has raised around $195 million in total VC funding since 2000, from firms like Arcapita Ventures, Austin Ventures, Granite Ventures, Intel Capital, Investor AB, Lehman Brothers, Sequoia Capital […]
Levanta Inc., a San Mateo, Calif.
Rapport Inc., a Redwood City, Calif.-based semiconductor company focused on multicore reconfigurable architecture, has raised $18.5 million in Series C funding led by Centurion Holdings. Get more info. PRESS RELEASERapport, Inc. today announced the closing of $18.5 million in Series C financing led by Centurion Holdings. These funds will be used to expand growth in […]
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