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PE Week Wire — 9/27/06

Acquicor Technology Inc. (AMEX: AQ) has agreed to acquire Jazz Semiconductor Inc., via a $260 million reverse merger. Acquicor is a blank check acquisition company formed earlier this year by former Apple Computer executives Gilbert Amelio, Ellen Hancock and Steve Wozniac. Jazz is a Newport Beach, Calif.-based wafer foundry that was formed in 2002 by The Carlyle Group, Conexant Systems Inc. and RF Micro Devices Inc. Jazz had been in registration for a $105 million IPO. The reverse merger is expected to close in Q1 2007.

Visto Corp., a Redwood City, Calif.-based mobile access company, has raised $51 million in new venture capital funding. Return backer Oak Investment Partners led the deal, and was joined by DFJ Growth Fund and other existing shareholders like Meritech Capital Partners, DFJ ePlanet Ventures, Rustic Canyon Ventures and Blueprint Ventures. Visto has raised over $250 million in total VC funding since its 1996 inception, including a recap in 2001.

Centerbridge Partners has closed its inaugural fund with $3 billion in capital commitments. The New York-based firm was launched by Mark Gallogly and Jeffrey Aronson — formerly of Blackstone Group and Angelo Gordon, respectively