Juniper will pay $95m in cash for Altor Networks, net of the shares it already owns in the provider of security services to online and physical computer systems.
Category: Deals
New World promised for FleetMatics
Investcorp Technology Partners, a Dubai-based private equity firm, owns a majority of FleetMatics, which previously raised $25m in August 2008 and has now closed on a further $68m.
Fluidigm turns valve on Nasdaq listing
Eight institutional shareholders hold more than 5% of Fluidigm ahead of its Nasdaq flotation.
Apollo sees way with Lighthouse
Apollo will invest $75m in Lighthouse’s parent, HFA, through a convertible debt security.
Goldberg joins AdaptiveBlue board
Allison Goldberg, vice president of Time Warner Investments, joins AdaptiveBlue’s board after $6m series C round.
ESB finds extra strength in Bioflame
Ireland-based utility ESB’s corporate venturing fund has invested $7m in Bioflame.
Intel-backed PacketMotion gathers $2.7m
Venture capital (VC) firm Athenian Venture Partners joined the consortium investing in PacketMotion’s C round to bring its total to $8.4m.
Philips holds on to a fifth of Assembleon
Royal Philips Electronics, a Netherlands-based conglomerate, will retain a fifth of its former subsidiary Assembléon after its leveraged buyout by local private equity firm H2 Equity Partners. Philips set up Assembléon in the early 1980s to make equipment to place electronic components together. H2 specialises in turnround companies or those in growth sectors that can… Continue reading Philips holds on to a fifth of Assembleon
Google buys…Widevine Technologies
Google’s reported interest in discount coupon company Groupon ends even as it buys Widevine Technologies for its YouTube division.
Lashou raises $50m
News provider Mobinode said Rebate Network was part of a venture consortium backing China discount coupon provider Lashou.
Morgan Stanley prepares for CIC sale
Morgan Stanley paid $37m for a 34.3% stake in China International Capital that could realise more than $1bn a decade later.
Dentsu bounces into Jumptap deal
Dentsu’s Cyber Communications division will invest and partner with mobile advertising services company Jumptap.
Motorola calls into 4Home
US-based phone maker Motorola rather than phone operator Verizon agrees 4Home purchase.
PhaseBio draws down $15m
PhaseBio said the second slice of $15m from the B round followed the completion of drug milestones.