Sameer Gandhi has joined Accel Partners as a partner in the firm's Palo Alto office. He previously was a partner with Sequoia Capital, where his deals included Barracuda Networks, eHarmony, Gracenote (acquired by Sony), Marketlive and Sourcefire. PRESS RELEASE Accel Partners, a leading Silicon Valley venture capital firm, today announced the addition of Sameer […]
NEW YORK, May 7 (Reuters) – Bear Stearns Cos Inc (BSC.N: Quote, Profile, Research) shareholders suing over the planned JPMorgan Chase & Co. (JPM.N: Quote, Profile, Research) takeover have withdrawn a request for a preliminary injunction to stop the deal, an attorney for the plaintiffs said on Wednesday. The plaintiffs' lawsuit in New York State […]
SEATTLE (Reuters) – Microsoft Corp (MSFT.O: Quote, Profile, Research) is gauging Facebook's interest in a possible acquisition after the software giant's failed takeover attempt of Yahoo Inc (YHOO.O: Quote, Profile, Research), the Wall Street Journal reported on Wednesday. The newspaper reported on its All Things Digital Web site that Microsoft's bankers have put out “subtle […]
Erika Brown has agreed to join Matrix Partners as director of marketing and business development, after having the past decade covering venture capital for Forbes. www.matrixpartners.com
Broadweave Networks, a South Jordan, Utah-based fiber-optic service provider, has acquired Provo, Utah's citywide fiber-optic. The deal is valued at $40.6 million, with Sorenson Capital sponsoring the deal for Broadweave. PRESS RELEASEMayor Lewis K. Billings announced yesterday the sale of Provo's citywide fiber-optic system to Broadweave Networks, a local fiber-optic services provider. Billings announced the […]
Burger King Holdings (NYSE: BKN) said that shareholders TPG Capital, Bain Capital and Goldman Sachs plan to offer 15 million common shares in the company via a secondary public offering. The fast-food chain will not sell any of its own shares. www.bk.com
Ironwood Investment Management announced that its founders and employees have bought back a majority stake in their company, from Centre Partners portfolio company MB Investment Partners & Associates. No financial terms were disclosed. MB will retain a minority stake. PRESS RELEASEIronwood Investment Management, LLC announced today that April 30, 2008 marked the closing of a […]
Robert Goodman has joined Sterling Stamos Capital Management as global head of private equity and real assets. He previously was vice chairman of Deutsche Asset Management. Read more
Jean-Philippe Barade and Alasdaire Thomson have joined Morgan Stanley Private Equity as London-based executive directors. Barade was previously with Permira, while Thomon comes over from Apax Partners. www.morganstanley.com
Albireo has closed its Series A round at $40 million. The company was recently formed as a spinout of AstraZeneca's Swedish gastrointestinal research unit, and announced a $27 million first close from Nomura Phase4 Ventures, TVM Capital and Scottish Widows Investment Partnership. The expansion was provided by TPG Growth. PRESS RELEASE Albireo, a […]