Executive Moves, IPO, Venture Funding and Mergers and Acquisitions - Jan 22 2006

Mergers & Acquisitions

, 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 , a German provider of air-interface testing solutions for the mobile telecommunications industry, for $4 million.

(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 , 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.

, a Louven, Belgium developer and provider of CMM based laser scanning solutions, acquired ., a Dulles, VA based developer of Indoor GPS measurement, positioning and tracking solutions, for an undisclosed amount.

acquired , a Swedish provider of set-top boxes, software, and professional services to xDSL and fiber operators, for $80.25 million.

, a Bedford, MA based provider of application infrastructure software for all aspects of the development, deployment, integration, and management of business applications, acquirde , a Mountain View, CA based provider of enterprise solutions to secure, monitor, and manage service-oriented architecture (SOA) environments, for $32 million.

, a Waukesha, WI based provider of comprehensive supply chain management solutions, acquired , a Copenhagen based provider of software solutions that allow cost efficient customized manufacturing with short lead times, for an undisclosed amount.

, a New York based provider of services, systems, and products to the instant ticket lottery industry and the pari-mutuel wagering industry, acquired , a Stockholm based provider of online systems, including e-channels, for lotteries and gaming companies, for $60 million.

, a Chennai, India based provider of customer interaction management solutions with a consulting-led approach, acquired , a Milpitas, CA based provider of call center and online solutions for marketing, sales, and customer service, for an undisclosed amount.

Funding

– 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.

– 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.

– Boca Raton, FL; a provider of securities modeling software and risk management services; $3.5 million; round not specified; TL Ventures.

– 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.

– 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.

– 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.

– 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.

– 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.

– 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.

– San Bruno, CA; a provider of wireless equipment for operators interested in commercial mobile broadband deployments; $10 million; Corporate Round; Sprint Nextel.

– Louven, Belgium; a developer and provider of CMM based laser scanning solutions; $42.46 million; Series E; GIMV, KBC, Quest for Growth.

– 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.

– Austin, TX; a provider of complete physical security solutions; $6.5 million; Series B; First Capital Group, InterWest Partners, Sevin Rosen Funds.

– Plano, TX; a developer of office document software for mobile phones; $11.5 million; round not specified; Mayfield, Advantage Capital Partners, Shepherd Ventures.

– 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).

– 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.

– 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.

– 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.

– San Francisco, CA; a developer of Internet video publishing solutions; undisclosed amount; round not specified; August Capital.

Executive Moves

, a San Bruno, CA based developer of v-Business for the enterprise, named as VP of Corporate Development. Shough was formerly SVP of Worldwide Sales for .

, a New York based developer of technology for e-trading of credit derivatives, named as President & COO. Grifonetti was formerly a senior advisor to .

, a Beaverton, OR based developer of emerging display electronics, named as President & CEO. Berkoff was formerly EVP and CMO at .

, developer of Z-RAM high density memory IP, named as VP of Marketing. Lewis was formerly President & CEO of .

, a venture capital firm with offices in Baltimore, Reston, VA and Menlo Park, CA, named as General Partner. Kolluri was formerly EVP & GM at .

, an Austin, TX based provider of complete physical security solutions, named as CEO and Robert Carroll as Chairman. Nohren was formerly VP of Engineering for AMX Corp. Carroll was formerly Chairman, President & CEO of .

, a Menlo Park, CA based provider of authentication systems for online banking and ecommerce, named as CEO. Johnstone was formerly CEO of .

, an Acton, VA based provider of carrier-grade, distributed VoIP switching and service delivery solutions for global telecommunications service providers, named as CEO. Crummey was formerly CEO of .

Contributor: Venator Partners - Venator Partners is a Boston-based executive search firm that specializes in recruiting senior-level executives in the software and communications industries.
Copyright: Copyright © 2004. Venator Partners, LLC.
Covered Categories: M&A, Start-ups, Personnel Changes


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