REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
In this post, have a look at some merger and acquistion deal announced today: Fluke Corp., a global leader in test and measurement instruments, has acquired PRÜFTECHNIK, an Ismaning, Germany-based market leader in precision laser shaft alignment, condition monitoring, and non-destructive testing. EnPro Industries, Inc. (NYSE: NPO), a manufacturer of highly engineered industrial products, is […]
MDS Global Ltd, a Warrington, England BSS-as-a-Service provider has been acquired by Volaris Group (read more) Kerauno, a global Communications SaaS provider, acquired Inverse-Square, an Indianapolis-based custom software development firm (read more). IDScan.net, a developer of identity verification and information gathering technologies, acquired IDScanningLaws.com, a legal resource website that tracks and provides analysis on laws […]
Kapipal, a donation- and rewards-based crowdfunding platform, has acquired WeLoveYourSongs, a London, UK-based online music community for unsigned musicians and their fans. The amount of the transaction was not disclosed. Founded in 2010 by Alessandro Ravanetti, WeLoveYourSongs has built an online community centered around unsigned musicians and fans of underground music. The site also hosts […]
Microblogging platform Twitter acquired CardSpring, a San Francisco, CA-based payments infrastructure company. Read the announcement on Cardspring’s site here and Twitter’s blog here. Financial terms of the deal were not disclosed. Co-founded by Amit Kumar, Jeff Winner, Eckart Walther, and Geraud Boyer, Cardspring offers an application platform that enables app developers to write applications for […]
RockThePost, an online investing platform connecting startups with accredited investors, and CoFoundersLab, an online and in-person matchmaking network that scientifically builds startup teams, have merged to create Onevest, a equity crowdfunding platform. The combined value of the new organization was not disclosed. With offices in New York, Washington, D.C., and San Francisco, Onevest will now […]
Newsle, a San Francisco, CA-based platform to track friends and colleagues when they’re mentioned in news articles or blog posts, has been acquired by LinkedIn (LNKD). The amount of the transaction was not disclosed. Co-founded by Axel Hansen and Jonah Varon, Newsle is a web application that allows users to follow real news about Facebook […]
According to a blog post, RelateIQ, a Palo Alto, Calif.-based provider of a platform to improve business relationships, is to be acquired by salesforce.com (NYSE: CRM). According to a regulatory filing, the amount of the deal is about $350m in Salesforce.com stock and $40m to cover the expected cash on hand on August 1, 2014. […]
Karmaloop, Inc., a Boston, MA-based eCommerce retailer of streetwear, acquired Soletron, a content platform for the youth community. The amount of the transaction was not disclosed. Founded in 2010 by A.J. Steigman & Shane Robinson, Soletron Soletron generates content for young men 18-35 through an international network of writers. The company was venture backed by […]
SyntaxTree, the France-based company behind UnityVS for Visual Studio, has been acquired by Microsoft (MSFT). The amount of the transaction was not disclosed. UnityVS enables Unity developers to author, browse and debug the code for their applications and features code snippets, wizards, tool windows such as the Unity project explorer. With the acquisition, Microsoft will integrate this support […]
Twitter (TWTR) has acquired TapCommerce, a NYC-based mobile retargeting platform. According to reports, the transaction could amount to $100m (read here). Backed by Bain Capital Ventures, Eniac Ventures, Metamorphic Ventures, Nextview Ventures, and RRE Ventures and led by CEO Brian Long, TapCommerce provides brands with a mobile retargeting platform which now processes over 15 billion targeted ad impression […]
Predictive Edge, a Mountain View, CA-based provider of a web platform for marketers to execute e-commerce personalization, testing and targeting, has been acquired by Dropbox. The terms of the transaction were not disclosed. They said that their current product will no longer be supported. Founded in 2010 by Kevin Liu, Steven Wu, Marty Hu, Predictive Edge […]
Keiretsu Forum, an angel investor network, has acquired Ankur2Angels, an angel investment group with presence within the Indian community in Silicon Valley. This strategic acquisition will strengthen and diversify the Keiretsu Forum angel community in the San Francisco Bay Area and will build a bridge to India for both investors and entrepreneurs. Ankur2Angels’ investors will […]
Triboo Media (AIM Italia: ISIN IT0005001554), a Milan, Italy-based web advertising company, acquired Gruppo HTML, a Rome, Italy-based web publisher, for €10.85m. Gruppo HTML had a turnover of €5.25m in 2013 and a €1.4m Ebitda. The integration of the two groups will be realized during the second semester of 2014 and finalized in the first […]
Palo Alto, California-based Nest entered into an agreement to acquire San Francisco, CA-based Dropcam for $555m in cash. The transaction, whose amount is subject to adjustments, is subject to customary closing conditions. Led by CEO and founder Tony Fadell, Nest provides a thermostat and smoke and CO alarm developing hardware, software and services. The products […]
AppNexus, a provider of trading solutions that powers marketplaces for Internet advertising, acquired Alenty, a Paris, France-based provider of advertising viewability solutions. The amount of the transaction was not disclosed. As said by Brian O’Kelley, CEO, AppNexus intends to make Alenty’s product “a fundamental component of the AppNexus platform“. Founded in 2007 by CEO Laurent […]