Pacific Biosciences prices 12.5 million common shares at $16 each compared to $15 to $17 it set ahead of its initial public offering, and has a market capitalization of $802m on the Nasdaq stock exchange.
Category: Deals
Ikaria updates listing plans
Linde, which owns 17% of Ikaria as part of a $380m cash-and-stock sale in 2007 of its gaseous drug-maker, INO Therapeutics, will see its stake diluted to 13.2% after the IPO.
Nestlé invests $1m in VetCentric
VetCentric, a US-based provider of pet medication deliveries, has raised $3m as part of a continued round of series B funding, with Switzerland-based chocolate company Nestlé investing $1m. VetCentric said Nestlé Venture Capital Fund, the corporate venturing division of the Swiss company run by independent manager Inventages, and venture capital firms Sherbrooke Capital and Asset… Continue reading Nestlé invests $1m in VetCentric
Samsung-backed Nanosys closes $31m round
Nanosys, a US-based technology company that makes small components for lights and batteries, has raised a further $6m to close its extended series E round.
EBay wins Appcelerator round auction
EBay invested in Appcelerator as its payments subsidiary, PayPal, signed an agreement to integrate its merchant channel with Appcelerator’s 77,000 web developers building commerce applications across handsets, tablets, connected TVs, and other devices across the main mobile operating systems.
La Caixa invests in two more
Caixa Capital Risc, Spanish bank La Caixa’s venture capital division, has continued its investment rate by backing two university spin outs. News provider Real Deals said Caixa had backed Spanish life sciences businesses Sagetis Biotech and Chronobiotech from the Instituto Químico de Sarriá and the Universidad de Murcia, respectively. Also this month, Groupalia, a Spain-based… Continue reading La Caixa invests in two more
IDG’s Tudou picks two for IPO
Tudou, which is China ‘s No.2 online video website, will seek to raise between $100m and $150m through its initial public offering in the first three months of next year, Reuters said.
Bertelsmann rides greater share of Blue Lion
Bertelsmann Digital Media Investments and France’s La Poste Group will increase joint control of Blue Lion Mobile.
IDG gains from RDA flotation
Warburg Pincus and IDG both bought 15 million shares for $5m each in RDA Microelectronics’ series C round in January 2007 ahead of its planned Nasdaq flotation.
Safeguard gains from Clarient sale
GE Healthcare will pay about $580m for Safeguard Scientifics-backed Clarient at $5 per common share and $20 per preferred share.
Betfair makes good call on flotation
Betfair, a UK-based online betting website, has completed its London Stock Exchange at £13 per share to value the company at £1.4bn ($2.2bn). Shares in the company closed up 19% at the end of Friday, valuing it at £1.66bn. Japan-based conglomerate Softbank bought 23% of Betfair for £355m in February 2006 from venture capital firm… Continue reading Betfair makes good call on flotation
Intel goes inside Aurora Feint
Intel Capital joins Japan-based gaming group DeNA, which owned 20% of Aurora Feint, as an investor of Aurora Feint.
Dicerna takes funding to $50m
SR One backs B round extension for Dicerna Pharmaceuticals.
Cerenis closes C round at $70m
French investors back C round extension for Cerenis Therapeutics.