Connie Loizos
Matrix Medical Network, an 11-year-old, Scottsdale, Ariz.-based company that provides high-risk member management services to health plans and medical groups, has acquired Ascender, a San Diego-based company that makes a healthcare analytics suite of software products. The terms of the all-cash deal were not disclosed. PRESS RELEASE: SCOTTSDALE, Ariz., Aug 27, 2012 (BUSINESS WIRE) — […]
AOptix, a Campbell, Calif.-based company that makes optical communications and iris biometrics-based software for the government and commercial markets, has closed a $42 million Series E round of funding by existing investors Clearstone Venture Partners, DAG Ventures, Kleiner Perkins Caufield & Byers, Northgate Capital and W Capital Partners, along with new investor, True Ventures. The 12-year-old […]
San Francisco-based analytics startup AbsolutData has raised $20 million from Fidelity Growth Partners India, based in Gurgaon, India. The company will use the money to “scale up its global delivery footprint.” PRESS RELEASE: Fidelity Growth Partners India commits to a $20 million investment in AbsolutData, a leading provider of data analytics services to global organizations. […]
3DR Laboratories, a Louisville, Kentucky-based provider of 3D imaging systems to hospitals, image centers and teleradiology firms, has raised $7.2 million from the venture firm Advantage Capital Partners, in connection with federal and state development funding. PRESS RELEASE: Advantage Capital Partners, a leading venture capital and small business finance firm, has invested $7.2 million in 3DR Laboratories, […]
Spectrum Brands Holdings, the publicly traded consumer products company, announced that its Rayovac division, which makes hearing aid batteries, will invest multiple millions of dollars over the next year in R&D and in its manufacturing plants to meet demand for its products. No exact dollar amounts were disclosed. PRESS RELEASE: Spectrum Brands Holdings, Inc. (NYSE: […]
Presstek, a Greenwich, Conn.-based company that makes plates for printing presses, is being acquired by MAI Holdings, an affiliate of American Industrial Partners Capital Fund IV. Under terms of the agreement, Presstek’s shareholders will receive $0.50 in cash for each share of common stock, which represents a premium of 16.3% over the company’s closing share […]
The New York-based investment bank Morgan Joseph TriArtisan has appointed Stephen Robb a managing director in its consumer, retail & leisure investment banking practice. Robb, 44, was previously a managing director and head of the retail, consumer, and restaurant investment banking group at Cantor Fitzgerald. PRESS RELEASE: Morgan Joseph TriArtisan LLC announced today that Stephen […]
Avantor Performance Materials, a maker of high-performance chemicals that’s based in Center Valley, Pa., has appointed John Steitz as president and CEO. Steitz was most recently the president and COO of Albemarle, a chemical manufacturing company based in Baton Rouge, La. PRESS RELEASE: Avantor Performance Materials, a global manufacturer and supplier of high-performance chemistries, announces […]
SearchMedia Holdings, a multi-platform media company in China, today announced that it will establish a joint venture in Shanghai for a new major luxury mall concession (“LCD Joint Venture”). Additionally, it announced that it has entered into an agreement for a new private placement of up to 10.0 million common shares, of which it has […]
Attention investors: Nukotoys, a two-year-old San Francisco-based startup, is in the market for $2.5 million.