Unify Square nabs $4 mln

Unify Square has raised an additional $4 million in an extended Series B round, the company announced in a blog post on its site. Microsoft was the lead investor. Bridge Bank and Stanford University are among the other investors that also participated in the round. Headquartered in Bellevue, Washington, Unify Square is a provider of unified communications and collaboration solutions.


Permira and CPPIB complete $5.3 bln take-private buyout of Informatica

Permira and Canada Pension Plan Investment Board have closed its previously announced take-private acquisition of Informatica Corp, a data integration software provider. The value of the acquisition is about $5.3 billion. As a result of the deal, Informatica’s stock has stopped trading on the NASDAQ.  In addition to the transaction, Microsoft and Salesforce Ventures have made an undisclosed investment in Informatica. Also, Informatica has named Anil Chakravarthy as acting CEO while Bruce Chizen, former Adobe CEO, has been added to the board and will serve as a special advisor.


PE HUB First Read

First Read kicks off your morning with news of Apple reporting strong earnings but its stock still tumbles, the FCC approves the AT&T and DirecTV merger and federal prosecutors drop their criminal case against Barry Bonds.


PE HUB First Read

First Read starts your morning with news that the Gap will close 175 stores, Coty is reportedly close to a deal to buy P&G businesses for about $12 billion and the Chicago Blackhawks win the Stanley Cup.


Microsoft buys VC-backed BlueStripe Software

Microsoft has acquired BlueStripe Software, the latter announced in a post on its site. No financial terms were disclosed. BlueStripe provides IT operations teams with solutions on monitoring complex application infrastructure. BlueStripe’s backers included Valhalla Partners and Trinity Ventures.


peHUB Second Opinion

In Second Opinion, the State Department releases hundreds of Hillary Clinton’s Benghazi emails, Microsoft was reportedly in talks to buy Salesforce and France is about to make it illegal for supermarkets to destroy edible food. Happy Memorial Day!


peHUB Second Opinion

In Second Opinion, an appeals court upholds Apple’s patent victory over Samsung, the Supreme Court rules that two states can’t tax the same income and according to a new study, CEOs are hurting their companies by golfing too much.


peHUB First Read

First Read ends this beautiful spring week with news Syngenta rejected Monsanto’s $45 bln takeover bid, Fitbit files for a $100 mln IPO and defying the odds, British Prime Minister David Cameron wins the UK election.


peHUB First Read

To open your Friday, First Read has news labor is starting to gain on capital, a woman-led law firm lets partners be parents and Grooveshark gives up.


peHUB Second Opinion

To close out your Thursday, Second Opinion brings you news Microsoft won a patent for goggles that can detect feelings, another big tobacco bond deal, Cajun style and leaked Lyft docs show costly battle with Uber.

Actors Kevin Spacey (L) and Robin Wright are shown in a scene from Netflix's "House of Cards" in this publicity photo released by Netflix to Reuters January 30, 2013. REUTERS/Melinda Sue Gordon/Netflix/Handout

peHUB Second Opinion

In Second Opinion, Pimco hires Ben Bernanke as a senior advisor, a former Goldman Sachs banker is acquitted of all charges in a rape case and for the third straight quarter, Netflix beats rival HBO in revenue.

A couple eats a free meal at a McDonald's fast food restaurant in downtown Milan

peHUB Second Opinion

In Second Opinion, Teva offers to buy generic drug maker Mylan for $40 billion, the Department of Homeland Security plans on opening a Silicon Valley office and say goodbye to McDonald’s Chicken Selects, which is being removed from the fast food franchise’s menu yet again.


peHUB Second Opinion

In Second Opinion, President Obama endorses removing Cuba from the terrorism list, Microsoft buys mobile business intelligence service Datazen and Google patents the ability to control a robot army.


Network security startup Illumio snags $100 mln Series C

Sunnyvale, California-based Illumio, a network security startup, has secured $100 million in Series C funding. The investors were BlackRock Funds, Accel Partners, Formation 8, Andreessen Horowitz, General Catalyst, Microsoft Chairman John W. Thompson, Salesforce CEO Marc Benioff and Yahoo co-founder Jerry Yang.

Vij named CEO of GlobalOutlook

GlobalOutlook Inc. said Wednesday that Rajeev Vij was named CEO while Brett Coover joined as Chief Technology Officer effective immediately. Rajeev joins GlobalOutlook from Microsoft, where he spent six years as Director, Hosting Service Provider business at Microsoft India. Brett joins GlobalOutlook from Intellys where he was CTO. GlobalOutlook is a portfolio company of Naya Ventures.

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