FremantleMedia has agreed to buy a further 51% stake in Ludia, a Canada-based developer and publisher of interactive games, to own 80% after its corporate venturing unit had taken a minority stake last year.
Category: Deals
Steamboat pulls into Gridsum
Steamboat Ventures, the corporate venturing unit of New York-listed media group Walt Disney, leads series A round for Gridsum Technology.
Nexidia gains BlueCross stamp of health
BlueCross BlueShield Venture Partners, a $116m corporate venturing fund sponsored by the Blue Cross and Blue Shield Association managed by venture capital and incubation firm Sandbox Industries, invests in Nexidia’s $23m round as a new investor.
Europe prepares to simplify flotations
Simplification will affect the rules, information requirements and indexes of floating companies on regulated and alternative markets.
German seed fund gains corporate support
Corporate venturing has played a "very active" role in helping develop nascent German businesses seeded by the state’s early stage fund. Alexander von Frankenberg, managing director of High-Tech Gründerfonds, said companies had provided more than a fifth of the €250m in follow-on funding to the 205 companies it had seeded over the previous five year.… Continue reading German seed fund gains corporate support
Ngmoco plays its way into DeNA’s hands
DeNA will pay $300m initially and up to another $100m in performance fees by the end of next year to buy Google-backed Ngmoco.
Arktos finds entertainment in Online Warmongers
Arktos Entertainment Group provides its third round of funding to Online Warmongers.
SolarEdge lights on $25m C round
In October last year, GE Energy Financial Services joined a previous consortium investing $23m in SolarEdge Technologies as its first investment in Israel.
Broadcom finds latest acquisition in Beceem
Broadcom will pay $316m in cash for Beceem Communications, minus unvested employee options that will receive Broadcom stock.
Shamrock tunes into Ingrooves expansion
Universal Music Group (UMG) agreed to take a minority investment in Ingrooves in March 2008 and has now used Shamrock’s investment to expand its partnership with its portfolio company.
Services firm test out GutCheck deal
IModerate Research Technologies and consultants Benenson Strategy Group join consortium for US-based GutCheck.
Comcast calls out for CarWoo round
Comcast Interactive Capital participated in the reported $4.2m and $4.5m series A round for CarWoo.
Veebeam lights up $6m tranche
Intel Capital among investors in UK-based computer-to-television software company Veebeam.
BNI Video raises $16m
Cisco, Comcast Interactive Capital, the corporate venturing unit of media group Comcast, and Time Warner Cable back start-up BNI Video.