US-based maker of navigation equipment InvenSense seeks up to $100m at flotation on Nasdaq stock exchange.
Month: June 2010
Tesla powers up for larger flotation
US initial public offering for Tesla Motors, a US-based maker of electric vehicles backed by car makers as strategic investors, to see more shares listed at a higher price of $17 per share.
Gilead picks up CGI Pharmaceuticals
Eli Lilly’s corporate venturing division part of CGI consortium selling the company for $120m, twice the venture money invested.
Playdom acquires Hive7
Social gaming company Playdom uses some of its proceeds from latest investment round to buy peer Hive7.
RGB plays RipCode acquisition tape
Comcast Interactive Capital-backed RGB Networks acquires video processing software peer Ripcode.
Fabrinet finished flotation with less than expected
Thailand-based manufacturer Fabrinet lists below its target range in New York.
Palantir sees $90m funding round arrive
Founders Fund leads series D round at a reported $735m valuation for Palantir Technologies.
Intel to reap reward for Smart patience
Intel Capital first partnered with Canada-based Smart Technologies in 1992 and the interactive education products company is planning to list in North America.
ABP and OMERS start venture fund
The list of competitors to corporate venturing units in entrepreneurial companies has increased as large public-sector pension funds move into the area to replace angel and venture capital firms.
Entrepreneurs pay increases as exits take longer
A study of venture capital-backed chief executives’ pay finds it has increased over the past decade.
DLA boosts venture pipeline
US-based law firm DLA Piper adds documents system to its legal web page.
Taiwan’s Industrial Technology Research Institute seeds fund
ITRI plans to set up a $93.8m venture capital fund seeded from its National Development Fund and overseas corporate and other investors.
Cisco commits $1bn to Russian ventures
Russia’s Skolkovo Project, its equivalent of America’s Silicon Valley, gains $1bn backing from Cisco to find new deals and help entrepreneurs.
NeuroSky taps Taicom Capital for C round
Asian strategic investors emerge to help US-based developer of biosensors for computer games and other electronic products NeuroSky.