Box Inc. bought itself some breathing room as it waits for a more suitable time to hold an initial public offering. The online-storage startup raised $150 million in funding from private-equity firm TPG and hedge fund Coatue Management, the company said on Monday in a regulatory filing that also provided its latest quarterly results.
07/10/14 - M&A and Capital Raises in Mobile, Big Data and Cloud - Issue 27
The test and measurement sector is leading the way, but the deals also include the mobile small cell sector. As usual Dropbox and Box are active this week and American Movil aims to sell assests quickly to escape regulation. Nokia and Twitter also made acquisitions.
07/09 ServiceNow acquires Neebula
ServiceNow, the enterprise IT cloud company, today announced that it has signed an agreement to acquire Neebula Systems for approximately $100 million in an all-cash transaction that is expected to close this month. Neebula's flagship product, ServiceWatch, automates the discovery, mapping, and monitoring of IT-enabled enterprise services. This addition will become an integral part of the ServiceNow IT Operations Management portfolio.
The Wall Street Journal
ServiceNow, the enterprise IT cloud company, today announced that it has signed an agreement to acquire Neebula Systems for approximately $100 million in an all-cash transaction that is expected to close this month. Neebula's flagship product, ServiceWatch, automates the discovery, mapping, and monitoring of IT-enabled enterprise services. This addition will become an integral part of the ServiceNow IT Operations Management portfolio.
The Wall Street Journal
07/09 UNICOM Global acquires solidDB from IBM Corp.
UNICOM Systems, Inc., a Division of UNICOM Global, today announced that it has acquired the solidDB® In-memory relational database management system from International Business Machines Corp. (IBM). The acquisition includes both the solidDB software and the solidDB Universal Cache™ feature. Terms of the transaction were not disclosed.
Yahoo Finance
UNICOM Systems, Inc., a Division of UNICOM Global, today announced that it has acquired the solidDB® In-memory relational database management system from International Business Machines Corp. (IBM). The acquisition includes both the solidDB software and the solidDB Universal Cache™ feature. Terms of the transaction were not disclosed.
Yahoo Finance
07/09 Yodle files for $75m IPO
Yodle, a provider of cloud-based marketing automation solutions for local businesses, has filed for an Initial Public Offering aimed at raising $75 million which will help the company expand its sales efforts, channel partnerships, distribution channels, and global market penetration as well as enhance its core marketing products.
The WHIR
Yodle, a provider of cloud-based marketing automation solutions for local businesses, has filed for an Initial Public Offering aimed at raising $75 million which will help the company expand its sales efforts, channel partnerships, distribution channels, and global market penetration as well as enhance its core marketing products.
The WHIR
07/09 America Movil aims to sell assets as quickly as possible
Mexican telecoms company America Movil plans to divest assets as quickly as possible to escape tougher regulation, and it hopes to sell to a single buyer, spokesman Arturo Elias said on Wednesday. The company, controlled by billionaire Carlos Slim, announced on Tuesday that it was ready to sell assets to cut its market share in Mexican telecoms below 50 percent and avoid regulations that apply only to dominant players.
07/08 Top Image Systems to acquire eGistics
Top Image Systems, Ltd., a leading Enterprise Content Management (ECM) and Business Process Management (BPM) solutions and Mobile Imaging Platform (MIP) provider, recently announced that it has signed a definitive agreement to acquire eGistics, a leading privately-owned provider of cloud-based solutions to the banking and payments market, in a transaction valued at approximately $18M. Under the terms of the agreement, TIS will pay for the acquisition 50% in cash and 50% in TIS shares. The acquisition, which is subject to customary closing conditions, is expected to close in Q3.
ECM Connection
Top Image Systems, Ltd., a leading Enterprise Content Management (ECM) and Business Process Management (BPM) solutions and Mobile Imaging Platform (MIP) provider, recently announced that it has signed a definitive agreement to acquire eGistics, a leading privately-owned provider of cloud-based solutions to the banking and payments market, in a transaction valued at approximately $18M. Under the terms of the agreement, TIS will pay for the acquisition 50% in cash and 50% in TIS shares. The acquisition, which is subject to customary closing conditions, is expected to close in Q3.
ECM Connection
07/08 TubeMogul wants to go public for $11-$13 per share
When TubeMogul first filed to go public, it indicated that it would offer up to $75 million of its shares for sale. That figure was soft. Today, TubeMogul decided on a price range for its shares — $11 to $13 per unit — meaning that it could sell up to $93.4 million of its stock in the flotation.
TechCrunch
When TubeMogul first filed to go public, it indicated that it would offer up to $75 million of its shares for sale. That figure was soft. Today, TubeMogul decided on a price range for its shares — $11 to $13 per unit — meaning that it could sell up to $93.4 million of its stock in the flotation.
TechCrunch
07/08 Cloudian secures $24m in new funding round
Cloudian, Inc., the leading provider of hybrid cloud storage solutions, today announced that it has closed a $24 million financing round with new investors, INCJ and Fidelity Growth Partners, and existing Cloudian shareholders, including Intel Capital. All three funds actively seek well-positioned, high-growth, enterprise-focused companies for investment and targeted Cloudian as a key provider of hybrid cloud storage solutions. The funding will enable the company to extend its global sales and marketing reach through targeted programs and amplified market development.
PE HUB
PE HUB
07/07 Box raises more mons it awaits IPO
07/02 Spirent to buy Radvision unit for $25 million
Spirent agrees to acquire Radvision's technology business unit. Deal for a cash consideration of $25.0 million, funded from existing cash resources. Acquisition is expected to be earnings enhancing and cash generative in first full year, and have a return on investment in excess of cost of capital.
07/02 Nokia to acquire SAC Wireless
Terms of the deal were not disclosed, but Nokia Corp. said in a statement that it expects it to close in the third quarter of 2014. The newly handset-free infrastructure vendor is hoping to use SAC's infrastructure expertise to strengthen its presence in the North American RAN market. SAC designs, installs and maintains indoor and outdoor distributed antenna systems (DAS) for better wireless coverage in stadiums, hospitals, government facilities, and enterprises. The company claims all the major US wireless operators among its customers.
LightReading
Terms of the deal were not disclosed, but Nokia Corp. said in a statement that it expects it to close in the third quarter of 2014. The newly handset-free infrastructure vendor is hoping to use SAC's infrastructure expertise to strengthen its presence in the North American RAN market. SAC designs, installs and maintains indoor and outdoor distributed antenna systems (DAS) for better wireless coverage in stadiums, hospitals, government facilities, and enterprises. The company claims all the major US wireless operators among its customers.
LightReading
07/02 Lenovo still expects IBM server deal to close this year
HONG KONG—Chinese personal-computer maker Lenovo Group Ltd. still expects to complete its acquisition of International Business Machines Corp.'s low-end server business by the end of this year, its chief executive said, even as the U.S. government is investigating possible national-security risks related to the deal.
"There is no change to the plan," said Lenovo Chief Executive Yang Yuanqing.
The Wall Street Journal
The Wall Street Journal
07/02 Dropbox buys Predictive Edge
Dropbox has made another acquisition: Predictive Edge, a startup that had built a way to personalise e-commerce offerings, along with dynamic pricing, for marketers to send out to users and run A/B tests around them.
The service will be shut down, and the founders will be working on something different
TechCrunch
TechCrunch
07/02 Google buys Songza
Google has acquired music streaming service Songza after weeks of speculation around a potential buyout.
Songza uses information about the user and context to determine the best playlists for you at any given time, all of which are curated by music experts (DJs, Rolling Stone writers, etc.).
TechCrunch
TechCrunch
07/01 CommScope Acquires Two of UK-Based Alifabs Group Businesses To Expand Wireless Network Site Solutions in Europe
CommScope Holding Company, Inc., a global provider of connectivity and essential infrastructure solutions for wireless, business enterprise and residential broadband networks, has acquired two of the businesses of United Kingdom-based Alifabs Group to expand metro cell and small cell services and to provide additional support for European wireless operators as LTE network deployments accelerate.
Market Watch
CommScope Holding Company, Inc., a global provider of connectivity and essential infrastructure solutions for wireless, business enterprise and residential broadband networks, has acquired two of the businesses of United Kingdom-based Alifabs Group to expand metro cell and small cell services and to provide additional support for European wireless operators as LTE network deployments accelerate.
Market Watch
07/01 Inabox looks to the cloud with Neural Networkds acquisition
Australian telecommunications products and services wholesaler, Inabox Group, is making the move to the cloud market, inking a deal to acquire Brisbane’s Neural Networks Data Services for AU$350,000.
ZDNet
Australian telecommunications products and services wholesaler, Inabox Group, is making the move to the cloud market, inking a deal to acquire Brisbane’s Neural Networks Data Services for AU$350,000.
ZDNet
07/01 Twitter to acquire mobile advertising company TapCommerce
Twitter said Monday it has agreed to acquire TapCommerce a mobile advertising company focused on re-engaging people who have downloaded advertisers'apps. The financial terms of the proposed acquisition of the New York startup were not disclosed. Some reports said Twitter is paying about US$100 million for the company.
PCWorld
Twitter said Monday it has agreed to acquire TapCommerce a mobile advertising company focused on re-engaging people who have downloaded advertisers'apps. The financial terms of the proposed acquisition of the New York startup were not disclosed. Some reports said Twitter is paying about US$100 million for the company.
PCWorld
06/30 Globo acquires VC-backed Sourcebits
Globo said Monday that it has acquired Sourcebits. No financial terms were disclosed. Based in San Francisco, Sourcebits, which was backed by Sequoia Capital and IDG Ventures India, is a provider of mobile, web and cloud solutions.
PE HUB
Globo said Monday that it has acquired Sourcebits. No financial terms were disclosed. Based in San Francisco, Sourcebits, which was backed by Sequoia Capital and IDG Ventures India, is a provider of mobile, web and cloud solutions.
PE HUB
06/30 Perion Network Ltd. to acquire Grow Mobile in $42M deal
Perion Network Ltd. (Nasdaq: PERI) has entered into a definitive agreement to acquire Grow Mobile, Inc. Grow Mobile provides an innovative platform for mobile advertising that enables developers to buy, track, optimize, and scale user acquisition campaigns from a single dashboard.
StreetInsider.com
StreetInsider.com
06/30 Drahi's Numericable agrees to acquire Virgin Mobile in France
Numericable Group (NUM), the cable carrier that agreed in April to the $23 billion acquisition of mobile operator SFR, agreed to buy Virgin Mobile in France from Virgin Group Ltd. and Carphone Warehouse Group Plc.
Bloomberg
Numericable Group (NUM), the cable carrier that agreed in April to the $23 billion acquisition of mobile operator SFR, agreed to buy Virgin Mobile in France from Virgin Group Ltd. and Carphone Warehouse Group Plc.
Bloomberg
06/30 Databricks announces a Spark cloud and $33M in venture capital
Databricks, the company trying to commercialize the Apache Spark data-processing framework, announced on Monday at the second-annual Spark Summit that it has raised $33 million in series B venture capital, and is rolling out a cloud computing service for easily creating, deploying and running Spark workloads. NEA led the funding round, which also included existing investor Andreessen Horowitz and follows up on a $14 million series A round in September 2013.
Gigaom
Databricks, the company trying to commercialize the Apache Spark data-processing framework, announced on Monday at the second-annual Spark Summit that it has raised $33 million in series B venture capital, and is rolling out a cloud computing service for easily creating, deploying and running Spark workloads. NEA led the funding round, which also included existing investor Andreessen Horowitz and follows up on a $14 million series A round in September 2013.
Gigaom
06/30 MapR raises $110 million in Round Led by Google Capital
MapR announced that it had raised $110 million in combined equity and debt financing. The $80 million equity-bearing portion of the round was led by Google Capital, the search giant’s growth equity fund, with participation from Qualcomm Ventures, the investment arm of the wireless chip company. Prior investors Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures also participated.
Recode
MapR announced that it had raised $110 million in combined equity and debt financing. The $80 million equity-bearing portion of the round was led by Google Capital, the search giant’s growth equity fund, with participation from Qualcomm Ventures, the investment arm of the wireless chip company. Prior investors Lightspeed Venture Partners, Mayfield Fund, NEA and Redpoint Ventures also participated.
Recode
06/29 Xinhuanet to use Shangai IPO to expand in cloud, mobile web
Xinhuanet Co., a unit of China’s official Xinhua News Agency, will use proceeds from an initial public offering in Shanghai to expand in cloud computing and the mobile Internet, according to a preliminary prospectus
The company will sell 51.9 million shares representing 25 percent of the shares outstanding, Beijing-based Xinhuanet said in the filing issued on the website of the China Securities Regulatory Commission.
Bloomberg
Bloomberg
06/27 Sparks Ventures raises £3m from IMI mobile IPO
SPARK Ventures' part-owned mobile communications services provider IMImobile(IMI) floated on the AIM market on the London Stock Exchange on Friday.IMI raised £30m before expenses through the issue of 25m shares at 120p each. Early-stage venture capital company SPARK sold around a fifth of its holding in the initial public offering (IPO) to raise aggregate net proceeds of approximately £3.2m, SPARK's remaining 17% interest in IMI has a value of around £12.9m at the IPO price.
ShareCast
SPARK Ventures' part-owned mobile communications services provider IMImobile(IMI) floated on the AIM market on the London Stock Exchange on Friday.IMI raised £30m before expenses through the issue of 25m shares at 120p each. Early-stage venture capital company SPARK sold around a fifth of its holding in the initial public offering (IPO) to raise aggregate net proceeds of approximately £3.2m, SPARK's remaining 17% interest in IMI has a value of around £12.9m at the IPO price.
ShareCast
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