PatchLink Corp., a Scottsdale, Ariz.-based provider of security patch and vulnerability management solutions, has acquired a vulnerability database unit from Harris Corp. (NYSE: HRS). No financial terms were disclosed. PatchLink has raised around $40 million in VC funding from firms like Bay Partners, GIC, Granite Global Ventures and Scale Venture Partners. www.patchlink.com
Update: The deal was just announced. Download the press release here: TXU_Release.pdf The Blackstone Group’s claim to the largest leveraged buyout might not last more than a month. Various press reports suggest that Kohlberg Kravis Roberts & Co. and Texas Pacific Group are nearing a deal for Texan energy giant TXU that could be valued […]
Ikaria, a Seattle-based biotech company focused on critical care solutions, has agreed to acquire INO Therapeutics LLC, a Clinton, N.J.-based developer of gaseous drugs like inhaled nitric oxide for treatment of hypoxic respiratory failure in newborns, from Linde AG. The deal is valued at approximately $670 million, with New Mountain Capital providing around $200 million […]
Mobixell Inc., a Wellesley, Mass.-based provider of mobile multimedia solutions, has agreed to acquire the assets of Adamind (LSE:ADA), a Palo Alto, Calif.-based supplier of media adaptation software for the mobile messaging, content, and convergence services markets. The deal reportedly is valued at around $5.5 million. Mobixell has raised around $23 million in VC funding […]
Altra Holdings Inc. (Nasdaq: AIMC) has agreed to acquire fellow power transmission company TB Wood's Corp. (Nasdaq: TBWC) for $24.80 per share in cash. The total deal is valued in excess of $120 million, and is expected to close next quarter. Altra went public in December, with private equity backer Genstar Capital still holding a […]
Clearwire Corp., a Kirkland, Wash.-based WiMAX company, has acquired a large swath of wireless 2.5 GHz spectrum from AT&T for $300 million in cash. The FCC had mandated that AT&T sell the spectrum
ChipX, Santa Clara, Calif.-based provider of ASIC products, has agreed to acquire the ASIC engineering team and assets of Oki Semiconductor Company. In addition, Oki Semiconductor has become a turnkey foundry for ChipX and has licensed its embedded array and Gate array technology and internally-developed IP to ChipX. No financial terms were disclosed. ChipX raised […]
Argos Utilities Corp., a Bethesda, Md.-based provider of transmission and distribution services to utility customers, has completed its acquisition of Contracting Enterprises Inc., a Roanoke, Va.-based provider of utility construction services to electric and gas utilities in Virginia, West Virginia and Tennessee. Cadent Energy Partners provided equity to support the acquisition, while a senior note […]
It seems that we may be on the back end of the ethanol (and biodiesel) peak. While the President continues to call for increased consumption, the wonders of the invisible hand are working in the real world. If dealflow is any guide, we are seeing fewer investment proposals. There was a time when these ideas […]
SunGard has acquired Aceva Technologies, a San Mateo, Calif.-based provider of enterprise applications for revenue and receivables management. No financial terms were disclosed. SunGard was acquired in 2005 by seven private equity firms, while Aceva had raised over $50 million in VC funding since its 1999 inception, from firms like Sequoia Capital, Accel Partners and […]