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 […]
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 […]
Regal Forest, a portfolio company of Actis, has acquired the Caribbean assets of Courts PLC, a retailer of consumer electronics, appliances and furniture. No financial terms were disclosed. Senior leverage was co-arranged by Scotia Capital and RBTT of Trinidad, while Citigroup financed a junior tier. www.act.is
The Audax Group announced it has acquired Dosicolor, a Buenos Aires, Argentina-based provider of colorants to the plastics industry. No financial terms were disclosed, except that GE Antares Capital and GSO Capital provided leverage. Audax said that it will use Dosicolor as an add-on acquisition for existing portfolio company ColorMatrix Corp., a Berea, Ohio-based manufacturer […]
Towne Holdings Inc., a South Bend, Ind.-based logistics and freight services company, has acquired Complete Transport, a St. Louis-based regional provider of pick-up and delivery and airport-to-airport trucking for the air cargo industry. No financial terms were disclosed. Towne Holdings is a portfolio company of Charterhouse Group. www.towneair.com
Concentra Health Services Inc., an Addison, Texas-based provider of occupational healthcare services, has acquired Industrial Solutions Group Inc., a Ft. Wayne, Ind.-based occupational and environmental health services company. No financial terms were disclosed. Concentra is a portfolio company of Welsh Carson Anderson & Stowe. www.concentra.com www.industrial-solutions.net