KIT Digital makes three acquisitions including Kyte.
Category: Deals
LibreDigital continues fundraising book
US-based online bookstore LibreDigital’s regulatory filing last month said it had closed $1.35m of its planned $.05m round.
DCNS takes 8% of Openhydro
France-based naval submarine and nuclear technology group DCNS has invested €14m ($19m) for 8% of Ireland-based tidal energy developer Openhydro. During the past year the two companies worked together to install four turbines off the French coast and create the world’s first grid-connected tidal farm for local utility Électricité de France (EDF). Frédéric Le Lidec,… Continue reading DCNS takes 8% of Openhydro
Nokia walks with Voddler
Voddler gains $8m from Nokia as corporate venturing partner.
January’s deal rush
There were 98 deals last month, according to Global Corporate Venturing, of which just more than two-thirds (68) involved US-based portfolio companies.
Reliance and IL&FS back Jhajjar
Jhajjar region to gain model town from Reliance Ventures Limited and Infrastructure Leasing and Financial Services.
Leaf drops for Huawei investigation
The Committee on Foreign Investment in the United States (CFIUS) is scrutinizing Huawei’s deal for server technology firm 3Leaf, which the Chinese telecom gear maker completed in May, for US national security implications, according to newswire Reuters.
Fluidigm reveals details on flotation
Fluidigm will offer 5.17 million common shares when it floats on the Nasdaq stock exchange at between $13.50 and $15.50 per share.
SpectraLinear sees path to Silicon Labs
Silicon Laboratories, a Nasdaq-listed computer circuit parts maker, acquires SpectraLinear
Ligand buys CyDex Pharmaceuticals
Ligand will pay $31.2m of cash on top of the $800,000 of net cash in CyDex and a further $4.3m in 12 months time as well as undisclosed performance fees.
Lockerz closes on Plixi
Kathy Savitt, founder and chief executive of Lockerz, said: “The acquisition [of Plixi] enables Lockerz to offer its millions of members the most social and easy-to-use photo sharing experience, as well as introduce millions of Plixi customers to Lockerz’ interactive, engaging and rewarding site features, including e-commerce, music, and videos.”
Smaato gains $7m in funding
EDBI of Singapore led the series C round for Smaato. Aeris had led the company’s $4.5m series B round in December 2009.
SAP Ventures comes On Deck
On Deck Capital, a US-based online fundraising platform for small companies, has raised $15m in its series C round, led by SAP Ventures.
GM backs Envia Systems
Japan-based manufacturers Asahi Kasei and Asahi Glass and Envia’s existing venture capital firms, Bay Partners, Redpoint Ventures and Panagea Ventures provided $10m to Envia Systems, with GM Ventures another $7m.