Fortify Software Inc., a Palo Alto, Calif.-based provider of software security products, has agreed to acquire Secure Software Inc., a McLean, Va.-based provider of application security. No financial terms were disclosed. Fortify has raised over 419 million in VC funding from DAG Ventures, Sigma Partners and Kleiner Perkins Caufield & Byers. Secure Software had raised […]
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Cognos (Nasdaq: COGN) has acquired Celequest Corp., a Redwood City, Calif.-based provider of operational business intelligence solutions. No financial terms were disclosed for the deal, which closed on Monday. Celequest had raised around $17 million in VC funding from Bay Partners and Lightspeed Venture Partners. www.cognos.com www.celequest.com
M2 Media Group, a Stamford, Conn.-based magazine subscription agency, has acquired magazine e-commerce site BlueDolphin.com from Zinio Systems Inc. of San Francisco. No financial terms were disclosed. Zinio shareholders include New Enterprise Associates, Intel Capital, Palisades Ventures, Apax Partners, North Bridge Venture Partners and Commonwealth Capital Ventures. www.bluedolphin.com www.zinio.com
GB Merchant Partners, the private equity affiliate of Boston-based Gordon Brothers Group, has closed its inaugural third-party fund with $320 million in capital commitments. The vehicle will focus on control and minority opportunities in mid-market retail and consumer products companies. www.gbmerchantpartners.com
Mike Scanlin has joined Battery Ventures as a partner in the Waltham, Mass.-based firm's Silicon Valley office. He previously was a venture partner with Sierra Ventures, and will focus on mid-to-later-stage, revenue-generating technology companies. www.battery.com
Thierry Celestin has joined Activa Capital as a partner, after having previously been a France-based partner with Cinven. In other Activa Capital news, the firm promoted Christophe Parier from director to partner. www.activacapital.com
Dean Anderson has joined American Capital Strategies Ltd. as a managing director in the firm's special situations group. He will be charged with building a Chicago-based team to complement an existing group in Bethesda, Maryland. Anderson previously was a managing director with Questor Management Co. www.acas.com
Daniel Lehman has joined ViaSpace Inc. (OTC BB: VSPC) as director of mergers and acquisitions. He previously worked in strategy and corporate development with Case Corp. and, before that, was a co-founder and general partner with Pacific Coast Ventures. www.viaspace.com
Allyes Information Technology Company Ltd., a Shanghai, China-based online advertising firm, is panning to file for a $100 million IPO on the Nasdaq in the first half of 2007, according to Reuters. Morgan Stanley will serve as lead underwriter. The company has raised $35 million in VC funding from firms like IDG Technology Ventures and […]