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News Briefs

IronPort Systems Inc., a San Bruno, Calif.
SideStep Inc., a Santa Clara, Calif.-based online comparison shopping site for travel, has acquired TravelPost.com, a San Mateo, Calif.
Virgin Active, the UK-based health and fitness group owned by Virgin Group, has completed its acquisition of Holmes Place's UK business from Permira and Bridgepoint. The deal included
ImpreMedia LLC, a New York-based publisher of Spanish-language newspapers, has acquire Vista Magazine, a dual-language general interest publications with a circulation of one million. No financial terms were disclosed. ImpreMedia is a portfolio company of Halyard Capital and Clarity Partners. www.impremedia.com www.vistamagazine.com
Western Financial Group has agreed to acquire a 25% stake in Canadian insurance brokerage Hayhurst Elias Dudek Inc. The deal will represent an exit for VenGrowth Private Equity Partners, which invested a total of $7.5 million into HED in December 2003, in exchange for a 10% stake.
Anixter International Inc. (NYSE: AXE) has acquired Italy-based fastener distributor MFU Holding SpA from company management, Kairos Partners and MPS Venture. www.mfu.it
Cdb Web Tech of Italy has completed its sale of limited partner stakes in 90 venture capital funds to Pantheon Ventures for over $310 million. The deal also includes the sale of eight direct deals in the tech sector. www.cdbwebtech.com www.pantheonventures.com
Upstream Ventures of Singapore has launched an $80 million fund focused on technology companies in Singapore and India. www.upstreamventures.com
Xilinx Inc. (Nasdaq: XLNX), a supplier of programmable logic solutions, has formed a $75 million corporate venture capital fund focused on the Asia-Pacific technology market. www.xilinx.com/company/tilp.htm
Jeff Leiden, former president and COO of Abbott Labs' pharmaceuticals business, has joined Clarus Ventures as a partner. www.clarusventures.com
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