Strix Systems Inc., a Calabasas, Calif.
Sigma-Aldrich Corp. (Nasdaq: SIAL) has acquired Epichem Group Ltd., a Bromborough, UK-based supplier of chemicals to the semiconductor industry. No financial terms were disclosed, except that Epichem has $40 million in annual revenue. Epichem has raised VC funding from Intel Capital. www.sigma-aldrich.com www.epichem.com
Cytec Corp. (Nasdaq: CYTC) has agreed to acquire women's health product developer Adeza (Nasdaq: ADZA) for $24 per share. The total deal is valued at approximately $450 million, and is expected to close by the end of March. Adeza raised around $33.5 million in VC funding before going public in 2004, but still counts Enterprise […]
Vietcom Fund Management of Vietnam has raised $120 million for its second private equity fund. Vietcom is a joined venture between Vietcombank and Viet Capital Holding Pte. of Singapore.
Green Alliance, a Spanish private equity firm partially owned by SCS Venture Partners, reportedly has raised Euro 120 million for a fund focused on renewable energy projects in Spain.
Warburg Pincus is prepping its tenth fund with a $10 billion target, according to LBO Wire. Its ninth fund closed with $8 billion in 2005. www.warburgpincus.com
Redpoint Ventures is targeting between $250 million and $300 million for a late-stage venture fund, according to VentureWire. It closed on $400 million for its third early-stage fund last year.
Dennis Costello has joined Braemar Energy Ventures as a managing director and head of a new Boston offie. He previously was CIO for Advent International's North American activities. www.braemarenergy.com
Karen Christofferson has been named a vice president with Helix Associates, the private equity fund placement unit of Jefferies & Co. She previously was a vice president with JPMorgan Chase & Co and its predecessor firms. www.helix-associates.com
Gilvest LP has acquired Zinio Systems Inc., a San Francisco-based digital publishing and distribution platform for magazines and books. No financial terms were disclosed. Gilvest is owned by David Gilmour and managed by Doug Carlson. Zinio had raised around $34 million in total VC funding since 2001, from firms like New Enterprise Associates, Intel Capital, […]