IBM acquires Momentum Equity-backed Meteorix

IBM has acquired Meteorix, a provider of workday implementation, optimization and integration services for mid-market companies. No financial terms were disclosed. Clearsight Advisors advised Meteorix on the transaction. Meteorix was backed by Momentum Equity Partners.

IBM purchases venture-backed StrongLoop

IBM announced on Thursday it has acquired San Mateo, Calif.-based StrongLoop, a provider of software to help developers connect enterprise applications to mobile, Internet of Things and Web applications in the cloud. Terms of the acquisition were not disclosed, but StrongLoop had raised $9 million in funding, including an $8 million Series A round of funding from Shasta Ventures and Ignition Partners in September 2013.


PE HUB Second Opinion

In Second Opinion, President Obama calls for the restoration of the Voting Rights Act on its 50th anniversary, IBM agrees to buy medical imaging company Merge Healthcare for $1 billion and according to officials, Russia reportedly hacked Pentagon computers.


IBM buys VC-backed Compose

IBM has acquired San Mateo, California-based Compose, a provider of database management solutions for developers. No financial terms were disclosed. According to Crunchbase, Compose’s backers included Trinity Ventures, Data Collective, Lerer Hippeau Ventures, SV Angel and Webb Investment Network.


PE HUB Second Opinion

In Second Opinion, jobless claims in U.S. plummet to its lowest levels in forty years, Nikkei will buy the Financial Times for $1.3 billion and Airbnb will pick up the tab for travelers staying in Cuba this week–as long as they booked before July 20. Oh well…


PE HUB First Read

First Read ends the week with news Groupon has acquired food delivery service OrderUp, Gawker sinks to a new low and Uber overtakes taxis in battle for business travelers.


PE HUB First Read

First Read kicks off the week with news that Cigna has rejected Anthem’s $47 billion takeover bid, a privacy group wants the FTC to investigate Uber and Apple Music says it will pay Taylor Swift for streaming her album “1989”during its free trial after the superstar threatens to pull it.


IBM buys VC-backed Blue Box Group

IBM has acquired Seattle-based Blue Box Group Inc, a managed private cloud provider built on OpenStack. No financial terms were disclosed. Blue Box’s backers included Voyager Capital and Founder Collective.


IBM buys Heritage Group-backed Explorys

IBM has acquired Cleveland-based Explorys, a data analytics platform provider for the healthcare industry. No financial terms were disclosed. Explorys was backed by Heritage Group.


peHUB First Read

First Read starts your day with news of IBM investing $3 billion in a new internet of things unit, two former federal agents are charged with stealing bitcoin during a Silk Road probe and Cablevision is planning on making a $1 offer for the New York Daily News. (Yes, you read that correctly–it’s $1).


peHUB Second Opinion

In Second Opinion, the Supreme Court appears divided on Obamacare, IBM acquires AlchemyAPI and if you want to work at Facebook, then you better act like Mark Zuckerberg’s boss.

A copy of New York Daily News is seen in news stand outside offices of New York Governor Eliot Spitzer in Manhattan

peHUB Second Opinion

In Second Opinion, IBM is investing $4 billion into cloud and mobile initiatives, the FCC approves net neutrality and the New York Daily News is reportedly on the block.


peHUB First Read

First Read kicks off your hump day with Russia heading into a recession, IBM inks $1.25 billion WPP cloud deal and Spotify says Ed Sheeran was the most streamed artist of the year.


IBM’s Watson Group invests in Pathway Genomics

IBM’s Watson Group said it invested in Pathway Genomics Corporation. No financial terms were disclosed. The investment brings Pathway Genomics’ funding in the past six years to more than $80 million.

golden gate

peHUB Second Opinion

In Second Opinion, Ben & Jerry’s won’t rename its “Hazed & Confused” ice cream, Microsoft CEO Satya Nadella claims that men and women are paid equally at his company and Apple has sold a lot of iPhones.


peHUB First Read

Start the week with First Read bringing you news on IBM paying Globalfoundries $1.5 billion to take its chip unit, Apple ousts Bose headphones from its stores and Peyton Manning breaks a touchdown record.


Continuity Control fetches $10 mln

Continuity Control said Wednesday that it has received $10 million in funding. River Cities Capital Funds led the round with participation from BancVue and the family of IBM founder Thomas Watson. In addition to the funding, Rik Vandevenne of River Cities has been added to Continuity Control’s board. Based in New Haven, Conn., Continuity Control is a provider of a compliance management solutions for community financial institutions.

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