Oracle Corp. has acquired AppForge Inc., an Atlanta-based maker of software for mobile handsets. No financial terms were disclosed. AppForge had raised around $24 million in VC funding since 2001, from firms like C&B Capital, Council Ventures, Grosvenor Funds, New Atlantic Ventures, SBK Capital and Sinclair Ventures. www.oracle.com
TeleCIS Wireless Inc., a Campbell, Calif.-based developer of WiMAX fixed and portable broadband wireless chips, has sold its 16e WiMAX mobile SoC technology to Qualcomm. No financial terms were disclosed. TeleCIS has raised over $14 million in VC funding from ATA Ventures, Samsung Ventures, Bokwang Investment Corp., Korea Technology Investment Corp. and TurboTek Co. Ltd. […]
Eric Mason has joined The Carlyle Group as managing director and head of Asian leveraged finance, effective in June. He previously was with J.P. Morgan Chase, as co-head of syndicated and leveraged finance for Asia-Pacific. www.carlyle.com
Sientra Inc., a Santa Barbara, Calif.-based medical device maker focused on the plastic surgery and aesthetics market, has raised $85 million in Series B funding. OrbiMed Advisors led the deal, and was joined by Clarus Ventures, Goldman Sachs and TIAA-CREF. In related news, Sientra has acquired Silimed Inc., a maker of plastic surgery implants for […]
Masimo Corp., an Irvine, Calif.-based provider of non-invasive patient monitoring products, has filed for a $150 million IPO. It plans to trade on the Nasdaq under ticker symbol MASI, with Piper Jaffray and Deutsche Bank Securities serving as co-lead underwriters. The company has raised over $76 million in total VC funding since 1992, from firms […]
Neiman Marcus is considering an IPO, according to a report from Women's Wear Daily. The high-end retailer was acquired less than two years ago for just over $5 billion by TPG and Warburg Pincus. www.niemanmarcus.com
Telecorps Communications, a portfolio company of H.I.G. Capital, has acquired Coffey Sound, a Hollywood, Calif.-based renter, seller and repairer of audio equipment for the television and film industry. No financial terms were disclosed. www.telecorps.com www.coffeysound.com
PHNS, a Dallas-based provider of IT solutions for hospitals, has acquired Network Technology Group Inc., a Baton Rouge, La.
MedAssets Inc. of Alpharetta, Ga. has agreed to acquire XactiMed, a Richardson, Texas-based provider of Web-based revenue cycle technologies and services to the healthcare industry. No financial terms were disclosed for the deal, which is expected to close next month. MedAssets is backed by Galen Partners, Grotech Capital Group and Parthenon Capital, while XactiMed is […]
Cordys Holding BV, a Dutch provider of business process management software, has raised $80 million in private equity funding. Argonaut Private Equity led the round with a $67 million investment, in exchange for a significant minority ownership position. Company founder and majority shareholder Jan Baan also participated. www.cordys.com