M&A Deals

Abertis Infraestructuras SA has agreed to acquire a 32% stake in listed French satellite company Eutelsat SA for Euro 1.07 billion. The deal is being supported by Eutelsat shareholders Texas Pacific Group, Spectrum Equity Investors, GS Capital Partners and Cinven. www.eutelsat.com

Qualcomm Inc. (Nasdaq: QCOM) has agreed to acquire Airgo Networks Inc., a Palo Alto, Calif.-based WLAN technology provider. No financial terms were disclosed. Airgo had raised around $144 million in total VC funding since its 2001 inception, including a tranched-out $55 million Series E deal at a post-money valuation of around $287 million. Backers include […]

Terra Firma Capital Partners is considering a Gpb800 million IPO or sale of portfolio company Infinis, a UK-based renewable energy company, according to The Telegraph. Terra Firma has retained advisors Merrill Lynch, Climate Change Capital and Deutsche Bank. www.infinis.co.uk

Qualcomm Inc. (Nasdaq: QCOM) has agreed to acquire Airgo Networks Inc., a Palo Alto, Calif.-based WLAN technology provider. No financial terms were disclosed. Airgo had raised around $144 million in total VC funding since its 2001 inception, including a tranched-out $55 million Series E deal at a post-money valuation of around $287 million. Backers include […]

DDJ Capital is in talks to sell its majority stake in Austin, Texas-based fine jewelry retailer Samuels Jewelers Inc. to an undisclosed suitor in India. www.samuelsjewelers.com

Aspen Insurance Holdings Ltd. (NYSE:AHL) has agreed to repurchase approximately $156 million of its ordinary shares, representing approximately 5.9 million shares, from founding shareholders The Blackstone Group and CSFB Private Equity. The shares are to be repurchased at a price per share of $26.50, representing a 1.7% discount to the closing price on November 30, […]

NDS Group (Nasdaq: NNDS) reportedly has agreed to acquire Jungo Ltd., a San Jose, Calif.-based provider of residential gateway software and technology platforms, for $100 million. Jungo has raised around $14.5 million in VC funding from firms like Cipio Partners, Intel Capital, Partech International and TeleSoft Partners. www.nds.com www.jungo.com

Broadcom Corp. (Nasdaq: BRCM) has agreed to acquire LVL7 Systems Inc., a Morrisville, N.C.

IBM (NYSE: IBM) has agreed to acquire Vallent Corp., a Bellevue, Wash.-based supplier of network performance monitoring and service management software for wireless service providers. No financial terms were disclosed for the deal, which is expected to close next quarter. Vallent has raised over $83 million in VC funding since 1999, from firms like Ericsson […]

Symantec (Nasdaq: SYMC) has agreed to acquire the IP and other certain assets of Revivio Inc., a Lexington, Mass.-based provider of continuous data protection solutions. No financial terms were disclosed, although various press reports estimate a $20 million price-tag. Revivio had raised around $52.5 million over three rounds of VC funding, from firms like Charles […]