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Mergers & Acquisitions
Argogroup, a Surrey, UK based provider of solutions to help handset manufacturers and mobile operators test, monitor, and develop products and services for optimization of the user experience, acquired ACTeSys, a German provider of air-interface testing solutions for the mobile telecommunications industry, for $4 million.
Eyal Microwave Industry (EMI), an Eyal, Israel based provider of RF, Microwave, and Millimeter Wave modules, subassemblies and components, as well as Power Amplifiers and Up/Down Frequency Converters to the wireless communication and the defense industries, acquired Millimetrix Broadband Networks, a Hashlosha, Israel based provider of carrier-class point-to-point wireless backhaul solutions for mobile and fixed networks of voice and high-speed data, for $1 million.
Metris International, a Louven, Belgium developer and provider of CMM based laser scanning solutions, acquired Arc Second Inc., a Dulles, VA based developer of Indoor GPS measurement, positioning and tracking solutions, for an undisclosed amount.
Motorola acquired Kreatel Communications, a Swedish provider of set-top boxes, software, and professional services to xDSL and fiber operators, for $80.25 million.
Progress Software, a Bedford, MA based provider of application infrastructure software for all aspects of the development, deployment, integration, and management of business applications, acquirde Actional, a Mountain View, CA based provider of enterprise solutions to secure, monitor, and manage service-oriented architecture (SOA) environments, for $32 million.
RedPrairie, a Waukesha, WI based provider of comprehensive supply chain management solutions, acquired Alta A/S, a Copenhagen based provider of software solutions that allow cost efficient customized manufacturing with short lead times, for an undisclosed amount.
Scientific Games, a New York based provider of services, systems, and products to the instant ticket lottery industry and the pari-mutuel wagering industry, acquired EssNet, a Stockholm based provider of online systems, including e-channels, for lotteries and gaming companies, for $60 million.
Servion Global Solutions, a Chennai, India based provider of customer interaction management solutions with a consulting-led approach, acquired 5by5 Networks, a Milpitas, CA based provider of call center and online solutions for marketing, sales, and customer service, for an undisclosed amount.
Funding
Agitar Software – Mountain View, CA; a developer of software solutions to help companies detect and fix programming errors during software development; $10 million; Series C; Globespan Capital Partners, New Enterprise Associates (NEA), Sequoia Capital.
Ateme – Bievres, France; a developer of audio and video signal processing systems and imaging and acquisition applications; $4.84 million; Series B; Credit Mutuel du Nord Europe, SPEF Venture, Ventech International, XAnge Private Equity.
ClariFI – Boca Raton, FL; a provider of securities modeling software and risk management services; $3.5 million; round not specified; TL Ventures.
Converged Access – Billerica, MA; a provider of IP traffic management and quality of service solutions; $8 million; Series C; SpaceVest , Ashford Capital Management, Flagship Ventures, MC Venture Partners, North Atlantic Capital, SI Ventures.
4INFO – Palo Alto, CA; a provider of mobile search service, allowing users to quickly and easily find relevant information on their mobile devices; undisclosed amount; corporate round; Gannett.
Fyre Storm – Sunnyvale, CA; a developer of semiconductors for mobile products; $25 million; Series C; Worldview Technology Partners, Sunrise Capital, Telos Venture Partners, TPG Ventures, Western Technology Investment.
HelloSoft – San Jose, CA; supplier of signal processing technology and Software Defined Radio (SDR) solutions for VoIP, Wi-Fi, Cellular, and converged markets; undisclosed amount; Series B; Intel Capital.
Interactive Supercomputing – Waltham, MA; a developer of software for automatic parallelization and interactive execution of desktop technical applications on HPC servers; $4.5 million; Series A; Flagship Ventures, CommonAngels, Rock Maple Ventures.
Invarium – San Jose, CA; a developer of layout printability solutions for sub-90-nm IC designers and manufacturers; $6 million; Series B; Goldman Sachs Group [VC], Onset Technology.
IPWireless – San Bruno, CA; a provider of wireless equipment for operators interested in commercial mobile broadband deployments; $10 million; Corporate Round; Sprint Nextel.
Metris International – Louven, Belgium; a developer and provider of CMM based laser scanning solutions; $42.46 million; Series E; GIMV, KBC, Quest for Growth.
Neverfail Group – Reading, UK; a provider of business continuity (BC) solutions that address the demand for an interruption-free IT environment; $10 million; Series D; Fidelity Ventures.
NovusEdge – Austin, TX; a provider of complete physical security solutions; $6.5 million; Series B; First Capital Group, InterWest Partners, Sevin Rosen Funds.
Quickoffice – Plano, TX; a developer of office document software for mobile phones; $11.5 million; round not specified; Mayfield, Advantage Capital Partners, Shepherd Ventures.
RPO – Wilmington, DE; a developer of optical polymers and application-specific polymer optical waveguides for consumer electronics, telecom, and datacom applications; $9.7 million; Series B; BASF Venture Capital, GE Equity, JAFCO Investment (Asia Pacific).
SiteAdvisor – Boston, MA; a developer of a consumer software that protects Internet users from Web-based security threats; undisclosed amount; Series A; Bessemer Venture Partners, General Catalyst Partners.
SKY MobileMedia – San Diego, CA; a provider of mobile applications software platforms for the wireless handset industry; $15 million; Series B; Sid Bass Associates, Enterprise Partners Venture Capital.
TeleCIS Wireless – Santa Clara, CA; a developer of multi-protocol wireless system-on-a-chip (SoC) solutions for broadband wireless communications; $10 million; Series C; ATA Ventures.
VideoEgg – San Francisco, CA; a developer of Internet video publishing solutions; undisclosed amount; round not specified; August Capital.
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Executive Moves
Apptera, a San Bruno, CA based developer of v-Business for the enterprise, named Terry Shough as VP of Corporate Development. Shough was formerly SVP of Worldwide Sales for TuVox.
Creditex, a New York based developer of technology for e-trading of credit derivatives, named John Grifonetti as President & COO. Grifonetti was formerly a senior advisor to Ameritrade.
Enuclia Semiconductor, a Beaverton, OR based developer of emerging display electronics, named Bruce Berkoff as President & CEO. Berkoff was formerly EVP and CMO at LG.Philips LCD.
Innovative Silicon, developer of Z-RAM high density memory IP, named Jeff Lewis as VP of Marketing. Lewis was formerly President & CEO of CiraNova.
New Enterprise Associates, a venture capital firm with offices in Baltimore, Reston, VA and Menlo Park, CA, named Kittu Kolluri as General Partner. Kolluri was formerly EVP & GM at Juniper Networks.
NovusEdge, an Austin, TX based provider of complete physical security solutions, named Peter Nohren as CEO and Robert Carroll as Chairman. Nohren was formerly VP of Engineering for AMX Corp. Carroll was formerly Chairman, President & CEO of AMX.
PassMark Security, a Menlo Park, CA based provider of authentication systems for online banking and ecommerce, named Lin Johnstone as CEO. Johnstone was formerly CEO of Industri-Matematik International.
SentitO Networks, an Acton, VA based provider of carrier-grade, distributed VoIP switching and service delivery solutions for global telecommunications service providers, named Stephen Crummey as CEO. Crummey was formerly CEO of vCentrix.
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