Google joins in femtocell pioneer’s Round B
Femtocell technology and access point pioneer Ubiquisys Ltd has secured $25 million in a round B funding that included Google and existing backers, bringing the total venture capital raised to date to $37 … via EETimes.eu
Staying Safe on the Road to Vista
Return backers include New Enterprise Associates and Sequoia Capital. It previously raised an $8 million Series A round www.loopt.com discussions Kristen Nicole / Mashable! VibeAgent Raises Funding and Gains … via Megite Technology News
PPG Offers $3 Billion for Dutch SigmaKalon Group
“The SigmaKalon business has performed well financially and would be a strong complement to our existing coatings businesses”
PPG Industries has offered $3 billion for SigmaKalon Group, a Dutch paint and coatings producer acquired four years ago by investment firm Bain Capital. via Collision Repair Industry INSIGHT
Quovadx Announces Completion of Merger with Subsidiary of Battery Ventures
Quovadx, Inc. , a global software and vertical solutions company, today announced that at the special meeting of stockholders held today, Quovadx, Inc.’s stockholders approved the Agreement and Plan of Merger … via Customer Interaction Solutions
Clean tech cluster emerging around GTA
“The purpose is to demonstrate the technology and send samples to potential customers”
One of the most frustrating parts of writing about renewable energy is that the technologies often prove difficult for readers to find, let alone acquire. via The Toronto Star
Bushnell Outdoor Products sold to private equity firm
“Obviously, with the success of the company, (Wind Point) has achieved a good return on its investment”
MidOcean Partners, a private equity firm, has agreed to buy Overland Park-based Bushnell Outdoor Products from Wind Point Partners, the companies announced Thursday.
Although MidOcean did not disclose the purchase price, Bushnell president and chief executive Joe Messner said it was just under $600 million.
‘This is a deeply exciting time, when the company has been growing as it has, for MidOcean to make this investment,’ he said.
Messner and other senior managers will continue to run the company after the deal closes and will own an undisclosed but ’significant’ stake in the company, according to the announcement. The deal is expected to be completed at the end of August. Read more
Mike Moritz: The S&P 500 Beats 80% of Venture Funds
“People would be far better off investing in an index fund”
Sequoia Capital’s Mike Moritz, the uber-VC who earned his reputation backing Google, Yahoo, eBay, Cisco and Apple, was pessimistic about the future of the venture capital industry at a Fortune-sponsored … via Wired News
San Diego— Novocell Raises $25 Million
“This very successful financing was driven by Novocell’s stem cell engineering expertise, superb scientific team and execution of key milestones toward the development of a first-in-class cell therapy for insulin requiring diabetics”
Novocell, Inc., a stem cell engineering company, today announced the closing of a $25 million Series C financing. via Freshnews
Low Cost and Low Risk 32-bit Controllers for Designing AMBA-based SOCs
Overview: How do you select the best processor core for your next SOC design? Too many companies make the default decision to go with the industry leader. via TechOnline
Private Equity the Way Ahead
Private equity is a force for good in the economy - creating jobs and wealth, a leading venture capitalist said yesterday. via Black Enterprise