Home News Briefs Page 9164

News Briefs

Allegiant Travel Co., a Las Vegas
Hexaware Technologies, a Mumbai, India-based IT and BPO service provider, has completed its acquisition of FocusFrame Inc., a Mountain View, Calif.
BitTorrent, a San Francisco P2P file-sharing company, has acquired the uTorrent application for an undisclosed amount. BitTorrent last week raised $20 million from Accel Partners and DCM, and is in talks to raise an additional $5 million. www.bittorrent.com
Health Enterprise Partners of New York is raising up to $150 million for its inaugural fund, according to a regulatory filing. So far it has secured at least $33 million in capital commitments. The private equity firm was founded earlier this year by professionals associated with CB Health Ventures, including Daniel Cain, Robert Schulz, Richard […]
Karen Slatford has agreed to join Fidelity Ventures as a venture partner in the firm's London office. She previously was with Hewlett-Packard, as a vice president and general manager in charge of B2B worldwide sales and marketing. www.fidelityventures.com
Tom Perkins, co-founder of Kleiner Perkins Caufield & Byers, has sold his memoir to an imprint of publisher Penguin, according to the New York Post.
GlaxoSmithKline PLC (NYSE: GSK) has agreed to acquire Domantis Ltd., a UK-based provider of antibody therapies, for Gbp230 million in cash. Domantis has raised around $83 million in total VC funding from firms like 3i Group, Novo Nordisk, MC Life Science Ventures, Gray Ghost, Albany Ventures, MVM, ISIS Equity Partners and Peptech Ltd. www.gsk.com www.domantis.com
Realtime Worlds, a Dundee, Scotland-based video game developer, has raised $31 million in venture funding from New Enterprise Associates. Realtime Worlds was founded by CEO and creative director David Jones, who previously created the Grand Theft Auto and Lemmings games franchises. www.realtimeworlds.com
Varun Kapur has joined TPG Ventures as a partner, effective February 2007. He will be based in Mumbai, and will lead the firm's expansion stage, smaller buyouts and growth-oriented investments in India, with investments up to as much as US$75 million. He previously was a managing director with Intel Capital in Asia. www.tpgventures.com
DW Healthcare Partners of Salt Lake City is raising up to $225 million for its second fund, according to a regulatory filing. It already has secured around $133 million in capital commitments. Berchwood Partners is serving as placement agent. www.dwhp.com
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination