SAN FRANCISCO, June 8 (Reuters) – A group of venture capitalists is investing $20 million in a new memory chip company created by spinning off a unit of Freescale Semiconductor, the chip maker that was bought by private equity in 2006. The new company, EverSpin Technologies, will focus on developing and selling MRAM (magnetic random […]
ProSiebenSat. 1 Media AG of Germany has acquired Feeem Media, a Munich-based company developing an online women's content network called Fem.com. No financial terms were disclosed. KKR and Permira acquired a controlling stake in ProSieben last year.
Kirtland Capital Partners has promoted Bob Fines and Corrie Menary to managing partner and vice president, respectively. Fines joined in 2005 as an operating partner, and leads Kirtland's operations resource team. Menary joined in 2004 as an intern, and became an associate in 2005. www.kcp.com
Weil, Gotshal & Manges LLP has opened an office in Beijing, it's third in Asia. PRESS RELEASE Global law firm Weil, Gotshal & Manges LLP announced today that the firm has received a license from the Chinese government to open a new office in Beijing, the firm's third location in Asia and second opening […]
Galen Partners has sold Specialized Health Product International Inc. to C.R. Bard Inc. for $68.4 million in cash. SHPI is a provider of disposable medical products for clinician and patient safety. PRESS RELEASE Galen Partners is pleased to announce the completed sale of Specialized Health Product International, Inc. (SHPI), a Galen III portfolio company, […]
LeGuide.com SA, a listed publisher of online shopping guides in France, has acquired social shopping guide Dooyoo for an undisclosed amount. DooYoo had raised over $30 million in VC funding from firms like 3i, CNET, Earlybird Venture Capital and Syntek Capital. PRESS RELEASE LeGuide.com S.A. (Alternext – ALGUI), the leading independent publisher of […]
Merced Systems, a Redwood Shores, Calif.-based provider of sales and service performance management software, has acquired Practique Associates, a UK-based provider of incentive compensation management solutions. No financial terms were disclosed. Merced has raised around $2.5 million from firms like Sutter Hill Ventures and Western Technology Investment. PRESS RELEASE Merced Systems, the leader […]
Sonico, a Buenos Aires-based operator of a social network for Latin America, has raised $4.3 million in Series A funding. DN Capital led the round, and was joined by individual angels Fabrice Grinda, Mart
Creabilis Therapeutics SpA, an Ivrea, Italy-based dermatological drug startup, has raised EUR 20 million in Series A funding. Sofinnova Partners led the round, and was joined by NeoMed Management. PRESS RELEASE Creabilis Therapeutics SpA, an emerging specialty pharmaceutical company focused on dermatology, today announces that it has raised a total of EUR 20 […]
Inuk Networks, a Wales, UK-based provider of IPTV services, has raised Gbp9.5 million in second-round funding. Broadcaster S4C led the deal, and was joined by Wesley Clover. PRESS RELEASE Inuk's Freewire triple-play platform set to expand in UK, Ireland and North America Inuk Networks today announced that it is has completed a Gbp9.5 […]