Get The Wire in your inbox each morning! Just send us an email. Google Inc., a Mountain View, Calif.-based provider of online search engine technology, has filed to raise over $2.71 billion via an IPO of common stock on either the NYSE or Nasdaq. The IPO will be transacted as a Dutch auction. The company […]
Get The Wire in your inbox each morning! Just send us an email. Network Associates Inc. (NYSE: NET) has agreed to sell its Sniffer product line to Silver Lake Partners and Texas Pacific Group for $275 million in cash. The private equity firms will form a new entity named Network General Corp., which will continue […]
Get The Wire in your inbox each morning! Just send us an email. The Lubrizol Corp. (NYSE: LZ) has agreed to acquire Noveon International Inc., a Cleveland-based provider of specialty chemicals for consumer and industrial applications. The deal includes a cash payment of $920.2 million plus the assumption of net debt. Noveon was created in […]
Get The Wire in your inbox each morning! Just send us an email. Electronic Arts president and COO John Riccitello is leaving the entertainment software company to start a private equity firm. According to the New York Times , he will team up with Roger McNamee , who helped found Integral Capital Partners and […]
Get The Wire in your inbox each morning! Just send us an email. Yahoo Inc. (Nasdaq: YHOO) has agreed to acquire Kelkoo SA, a Paris, France-based provider of online comparison shopping services. Under terms of the agreement, Yahoo will acquire up to 100% of outstanding Kelkoo shares for approximately
Get The Wire in your inbox each morning! Just send us an email. Tumbleweed Communications Corp. (Nasdaq: TMWD) has acquired Corvigo Inc., a Palo Alto, Calif.-based provider of an artificial intelligence technology for eliminating email spam. The transaction is valued at approximately $38.5 million, including the issuance of 4.7 million shares of Tumbleweed common stock, […]
Get The Wire in your inbox each morning! Just send us an email. Semiconductor Manufacturing Corp., a Shanghai, China-based chipmaker, has raised over $1.7 billion via an initial public offering of American Depository Shares. The company yesterday priced over 97 million ADS at $17.50 per share (high end of its $15.50-$17.50 per share offering range), […]
Get The Wire in your inbox each morning! Just send us an email. Kohlberg Kravis Roberts & Co. (KKR) has agreed to acquire mattress maker Sealy Corp. in a transaction valued at approximately $1.5 billion. The seller is an investment group that includes Bain Capital, Charlesbank Capital Partners, JPMorgan Partners, CIBC Argosy Merchant Fund and BancBoston […]
Get The Wire in your inbox each morning! Just send us an email. American Biophysics Corp., a North Kingston, R.I.-based developer of mosquito abatement technology, has secured $35 million in new private equity financing. DLJ Growth Capital Partners led the deal, while Fleet Capital provided an additional $35 million in the form of a credit […]