Nimsoft, a Redwood City, Calif.-based provider of IT service-level management solutions, has acquired Fort Collins, Colo.-based competitor Indicative Software for an undisclosed amount. Nimsoft last year raised $10.3 million from JMI Equity and Northzone Ventures. Indicative has raised $17.3 million from firms like Sequel Venture Partners, Sutter Hill Ventures and Vista Ventures. www.nimsoft.com www.indicative.com
Icera Inc., a UK-based developer of wireless chipsets, has acquired Sirific Wireless Ltd., a Richardson, Texas-based fabless provider of single-chip, multi-band CMOS RF transceivers for the 3.5G market. No financial terms were disclosed. Icera has raised over $140 million in total VC funding since 2002, including a recently-announced $40 million Series D round that technically […]
Xafinity, a UK-based maker of pension administration software, has acquired rival Hazell Carr. No financial terms were disclosed. This is Xafinity's first acquisition since being acquired in 2005 by Duke Street Capital. PRESS RELEASE Xafinity, one of the UK's leading providers of pensions software, employee benefits consulting and pensions administration, has acquired Hazell […]
Buzznet Inc., a Los Angeles-based social media community focused on music and pop culture, has acquired music blog Stereogum. No financial terms were reported. Buzzznet also recently acquired social media company Qloud, and reportedly raised $25 million in new VC funding from Interscope Records, Redpoint Ventures and Anthem Venture Partners. www.buzznet.com
SafeNet Inc., an information security company owned by Vector Capital, has completed its acquisition of Ingrian Networks Inc., a Redwood City, Calif.
Seesmic Inc., San Francisco-based provider of online video chat solutions, has acquired Twhirl, which claims to be the top Twitter client with 100,000 downloads. No financial terms were disclosed. Seesmic recently raised $6 million in Series A funding from Atomico, Mike Arrington, Dave Winer, Martin Varsavsky, Ron Conway, Steve Garfield, Mark Pincus, Jeff Clavier, Jeff […]
Logitrade, a French non-strategic industrial procurement company, has acquired smaller rival Achats Services Industries. No financial terms were disclosed. Logitrade is a portfolio company of Activa Capital.
Most M&A attorneys may be down in New Orleans, but the Clear Channel litigation keeps chugging along anyway. Yesterday a federal judge kicked Clear Channel’s Texas complaint back to the Lone Star State, after the banks had requested a change to federal venue. That’s bad news for the banks, particularly given how Texas juries are […]
Engauge, a marketing agency owned by Halyard Capital, has acquired SpunLogic, an Atlanta-based digital marketing group. No financial terms were disclosed. PRESS RELEASE Engauge, the next-generation marketing solutions agency formed by Halyard Capital in partnership with Stan Rapp, has acquired Spunlogic, one of the country's leading independent digital agencies. The Engauge brand now encompasses […]
AmeriCast Technologies Inc., an Atchison, Kansas-based maker of complex steel castings, has acquired A.G. Anderson Ltd., a Canadian maker of castings for the energy industry. No financial terms were disclosed, except that the combined company will have revenue in excess of $335 million. Castle Harlan bought AmeriCast in late 2006 from KPS Special Situations Fund […]