Deutsche Bank has appointed Gordon Paterson as managing director and head of M&A for Asia Pacific, excluding Japan. Paterson will be based in Hong Kong, running the investment bank's Asia Pacific M&A franchise and acting as regional M&A co-ordinator across the region. He will report to Lee Zhang, the investment bank's head of global banking […]
Tibco Software Inc. (Nasdaq: TIBX) has agreed to acquire Spotfire Inc., a Somerville, Mass.-based provider of business intelligence software, for $195 million in cash. Spotfire has raised approximately $40 million in total VC funding since its 1996 inception, from firms like Atlas Venture, InnovationsKapital, DLJ Merchant Banking Partners, In-Q-Tel, Pequot Capital, Quantum Partners, Sprout Group […]
Aprius Inc., a Sunnyvale, Calif.-based startup in the high-speed computer interconnect market, has raised $11 million in Series A funding. Lightspeed Venture Partners and New Enterprise Associates co-led the deal. The company was founded last summer by three former Intel employees who also co-founded optical transceiver company LightLogic (acquired by Intel in 2001). www.aprius.com
ProVina Inc., a San Jose, Calif.-based developer of a home winemaking system, has raised $4 million in first-round funding led by VantagePoint Venture Partners. www.winepod.net
Matt Niehaus has joined the Menlo Park, Calif. Office of Battery Ventures as a partner. He most recently was director of strategic development with Verisign, which in 2005 had acquired a company Niehaus co-founded called R4 Global Solutions. Battery also has hired Satya Patel as a senior associate. Patel most recently was a senior product […]
Local Insight Media LLC, a provider of print directories and Internet-based local search services in Alaska and the Caribbean, has agreed to acquire Hawaiian Telcom Yellow Pages. No financial terms were disclosed for the deal, which includes a 50-year publishing agreement in which Insight will serve as the exclusive, official publisher of print and online […]
CanGro Foods Inc., a Toronto-based portfolio company of Sun Capital Partners and EG Capital Group, has sold its Aylmer and Primo brand soup business to Baxters Canada Inc. No financial terms were disclosed.
Stephen Hoffman has joined Skyline Ventures as a managing director. He will help Palo Alto, Calif.-based firm open a Boston office, and previously was a partner with TVM Capital. In other Skyline personnel news, the firm has promoted partners Stephen Sullivan and David Lowe to the position of managing director. Skyline focuses on venture capital […]
Pure Digital Technologies Inc., a San Francisco-based maker of low-cost digital camcorders, has raised $40 million in Series F funding. AllianceBernstein and Morgan Stanley Principal Investments co-led the deal, and were joined by Heights Capital Management and return backers Benchmark Capital, Focus Ventures, Crescendo Ventures, Samsung, Sequoia Capital, Steamboat Ventures and VantagePoint Venture Partners. Pure […]
Eurand NV, a Dutch drug company whose lead product treats exocrine pancreatic insufficiency, has filed for a $152.95 million IPO. It plans to offer seven million ordinary shares at between $17 and $19 per share, and trade on the Nasdaq under ticker symbol EURX. Deutsche Bank Securities and Lehman Brothers are serving as co-lead underwriters. […]