AAA April 2013 – Page 9

Shell fuels search for new energy technologies

How in the world will we generate the supplies to meet the doubling in global energy demand anticipated by 2050? Effective solutions that address rising energy needs are essential to fuel our fast-moving world. Following the traditional pattern, it requires decades to introduce and bring to commercial scale new and alternative forms of energy. Exploring… Continue reading Shell fuels search for new energy technologies

Consumer companies shop for start-ups

Modern consumer corporations generally continue to pump out the kind of products that the world population simply cannot stop buying. Yet these industries, which have been brutally competitive, as well as profitable, since ancient times, are being transformed by a rapidly growing world population, where consumer spending power is truly globalising.

March deals slow as Cyprus scares markets

Corporate venturing investments slowed in March by number and value as exits were boosted by three initial public offerings. The slowdown in deal activity came as nerves appeared to creep back into wider market trading, as eurozone country Cyprus negotiated a bailout that involved haircuts for bank depositors.

Tensilica is lucrative exit

US-based chip design software manufacturer Tensilica, backed by Japan technology companies Fujitsu and NTT, and US-based technology company Cisco, was the biggest sale of the quarter, in an exit to US-based chip design software manufacturer Cadence Design Systems for $380m. The biggest initial public offering of the quarter was the $108m raised by US-based marketing software company Marin Software.

Sequoia keeps busiest

Sequoia Capital was the venture capital firm most active alongside corporates in the first quarter. It was in the syndicate backing Xoom, which raised $101m in its initial public offering, at a market capitalisation of $509m, as was SVB Capital, the private equity division of Silicon Valley Bank.

360Buy in biggest deal

A look at the largest deals in the quarter, including the $700m round of private equity funding for China-based e-commerce site 360Buy, as eye-catchingly large Asia deals continue to be a staple of our coverage.