Home News Briefs Page 8777

News Briefs

Comcast Corp. (Nasdaq: CMCSA) has agreed to acquire Fandango Inc., a Los Angeles-based movie ticket reseller via the Internet, telephone or mobile device. No financial terms were disclosed for the deal, which is expected to close later this quarter. Fandango has raised around $61 million in VC funding since 2000, from firms like Accretive Technology […]
Sun Capital Partners has closed its fifth fund with $6 billion in capital commitments. The Boca Raton, Fla.-based firm originally went to market with a $4 billion target and a 25% carry. Sun's prior fund closed on $1.5 billion in 2005. www.suncappart.com
OnRequest Images, a Seattle-based provider of custom imagery, has raised $9 million in Series C funding. Menlo Ventures was joined by return backers Maveron and Frazier Technology Ventures. www.onrequestimages.com
Right Hemisphere, a Fremont, Calif.-based provider of visual product communication and collaboration solutions, has raised an undisclosed amount of strategic funding from SAP Ventures. www.righthemisphere.com
Octopz Inc., a Toronto-based developer of an on-demand online collaboration software platform to business users, has raised an undisclosed amount of venture funding from GrowthWorks Commercialization Fund.
This month's remaining IPO calendar includes expected pricings from Comverge Inc. (4/12), Tailwind Financial (4/12), Cinemark Holdings (4/23), OceanFreight Inc. (4/24), Ocean Power Technologies (4/24), MetroPCS Communications (4/25), Pharmasset Inc. (4/25), CardioMEMS (4/25) and Edenor (4/25).
Entropic Communications Inc., a San Diego-based provider of home networking for digital entertainment, has agreed to acquire RF Magic Inc., a San Diego
Forbes Media has acquired Investopedia.com, a website for investor education. No financial terms were disclosed. Forbes Media was formed last summer by Forbes and Elevation Partners.
JetDirect Aviation LLC has agreed to acquire fellow private jet company Sentient Jet Inc. No financial terms were disclosed. JetDirect shareholders include CD Ventures, Argosy Capital, ABS Capital Partners, Brantley Partners, HSBC and AIG. www.jetdirect.com www.sentient.com
ArcLight Capital Partners and Competitive Power Ventures have agreed to sell CPV Wind Ventures LLC to Spain-based Iberdrola SA. No financial terms were disclosed for the deal, which is expected to close early next month. CPV Wind owns a portfolio of wind power projects totaling 3,500 megawatts across 15 states. It also has a contract […]
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination