Connie Loizos
Almost exactly two years after John Battelle stepped aside as the CEO of Federated Media Publishing -- the San Francisco-based digital media firm that helps companies market their brands through Websites, blogs and social networking applications -- he is returning to the post, the company announced moments ago.
Dallas-based SunTX Capital Partners has sold its portfolio company, Huron, a Lexington, Mich.-based supplier of tubular assemblies and precision-machined products. Terms of the sale, to a "financial sponsor," were not disclosed.
With all the brainiacs pouring out of America’s top universities and into startups and accelerator programs, it’s no wonder that U.S. investors don’t tend to look far when scouting for talent. But Oxford University would like these investors to know that some of its own brainiacs have begun to found companies – and that the 800-year-old institution is doing more than ever to prepare them for success in their endeavors.
View Systems, a Baltimore, Md.-based maker of security products, including weapons detection systems, has appointed Reid Miles to its board of directors. Miles is CEO of Miles Howland & Co., a New York-based investment advisory firm.
PeHUB caught up with Brightroll founder and CEO Tod Sacerdoti to talk about the company's future, including a possible IPO. The 6-year-old video ad company has raised $46 million from investors and may now be making $100 million in yearly revenue.
DecisionPoint Systems, an Irvine, Calif.-based data collection systems integrator, has appointed Dave Goodman as its CFO. Goodman, who was most recently COO and CFO of New York-based Mercury Capital Advisors, replaces interim CFO Paul Ross.
Vero Software -- a computer aided design (CAD) and computer aided manufacturing (CAM) company based in Cheltenham, England -- has received an undisclosed amount of money from senior lenders Silicon Valley Bank and HSBC to acquire Sescoi International, another CAD/CAM software company. Vero, which did not publish the purchase price, is a portfolio company of Battery Ventures.
GE Capital, a Norwalk, Conn.-based finance group that provides asset-based, cash flow and structured loans and leases to mid-size and large U.S. businesses, served as the administrative agent on a $200 million credit facility secured by Waupaca Foundry, a Waupaca, Wi.-based iron foundry company. The monies are being used to support a dividend recapitalization.
Does Apple really assign engineers to “fake” projects as a loyalty test? Is Buffett overpaying for Heinz? And how much longer can the domestic airline industry continue to shrink? You've got questions. We've got answers.
San Diego-based Skyera, maker of enterprise solid-state storage systems, has added Dado Banatao to its board of directors. Banatao is a managing partner of Tallwood Venture Capital who also sits on the boards of Alphion Corporation, Wave Semiconductor, and Wilocity and is chairman of the boards of Ikanos, Inphi Corporation, and Quintic Corporation.