LSI Logic Corp. (NYSE: LSI) has agreed to acquire SiliconStor Inc., a Fremont, Calif.-based provider of silicon solutions for enterprise storage. The deal is valued at around $55 million in cash, and is expected to close later this quarter. SiliconStor has raised over $17 million in VC funding from firms like APV Technology Partners and […]
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 […]
Tilera Corp., a Santa Clara, Calif.-based ASIC fabless semiconductor startup, has raised around $20 million in Series B funding. Columbia Capital led the deal, and was joined by return backers Bessemer Venture Partners and Walden International. The company is run by Bessemer operating partner Devesh Garg. www.tilera.com
Clean Energy Systems, a Rancho Cordova, Calif.
DataLase Inc., a UK-based material sciences company that focuses on color change chemistry for digital printing, has raised $10 million in new VC funding. BASF Venture Capital and Hotbed were joined by return backer MTI Partners. www.datalase.com
NanoPass Technologies Ltd., an Israel-based developer of an intradermal drug delivery platform, has raised $6.5 million in second-round funding. Participants included seed backer Ofer Hi Tech, plus new shareholders WFD Ventures and D-Partners. www.nanopass.com
Echovox, a Swiss mobile media content services provider, reportedly has raised $7.5 million in second-round funding led by Advent Venture Partners. It raised $5 million in 2005 from Newbury Ventures. www.zong.com
DynaTrace Software Inc., a Linz, Austria-based provider of enterprise application performance diagnostic solutions, has raised $5 million in first-round funding from Bain Capital Ventures. www.dynatrace.com
Idea Cellular Ltd., a provider of wireless communications services in India, received offers for at least 50 times the $482 million it planned to raise via an IPO on the National Stock Exchange of India. The company received 16.19 billion bids for the 326.9 million offered shares, in part thanks to an earlier announcement that […]
Scotiabank has acquired Travelers Leasing Corp., a Vancouver