Exec Moves, Startups and Acquisitions - Wrap up for 14 Apr 2006

Mergers & Acquisitions

Charrette, a Woburn, MA based provider of digital and traditional design imaging products, acquired Mile High Imaging Supply, a Denver, CO based provider of technical services and graphics media and equipment, to architects, engineers and graphic designers, for an undisclosed amount.

Comverse, a New York, NY based provider of software and s network based multimedia enhanced communication and billing services, acquired Netcentrex, a Paris, France based developer of voice and video solutions that enable telecom operators and service providers to deliver voice-video-data and fixed-mobile converged services, for $180 million.

Emptoris, a Burlington, MA based provider of supply and contract management software solutions, merged with diCarta, a San Carlos, CA based provider of contract management software.

JDSU, a Milpitas, CA based provider of communications test and measurement solutions, acquired Test-UM, a Camarillo, CA based developer of home networking test instruments, for an undisclosed amount.

Murata Manufacturing, a Kyoto, Japan based developer of electronic parts, acquired SyChip, a Dalles, TX based developer of radio frequency chip scale modules and integrated circuits for the wireless market, for $1.3 million.

Oracle, a Redwood Shores, CA based provider of business software, acquired Portal Software, a Cupertino, CA based provider of billing and revenue management solutions for telecommunications and media markets, for $220 million.

Palladium Group, a Lincoln, MA based provider of management methodology and technology, acquired Arcon Group, an Atlanta, GA based provider of membership based advisory services for corporate executives, service providers, and equity analysts, for an undisclosed amount.

RedHat, a Raleigh, NC based provider of open source solutions, acquired JBoss, an Atlanta, GA based provider of open source middleware, for $3.5 million.

Salesforce.com, a San Francisco, CA based provider of on-demand customer relationship management services, acquired Sendia, a Santa Monica, CA based developer of software that extends existing enterprise applications to wireless handheld devices, for $15 million.

Tundra Semconductor, an Ottawa, Canada based provider of support and semiconductor solutions to communications, networking, storage system, and information technology vendors, acquired Potentiai Semiconductor, an Ottawa, Canada based power controller business for $1.2 million

VeriFone Holdings, a San Jose, CA based developer of secure electronic payment technologies, acquired Lipman Electronic Engineering, a Rosh Haayin, Israel based provider of electronic payment systems, for $793 million.

Wayport, an Austin, TX based provider of wireless and wired high-speed internet access to travelers, acquired NetPower Wireless Solutions, a Norway based provider of high speed internet access for hotels, meeting and conference facilities, restaurants and airports, for an undisclosed amount.

Funding

Aperto NetworksMilpitas, CA; a supplier of WiMAX broadband wireless products for service providers; $26 million; Series E Follow-On; , , , , , , .

Authernative – Redwood City, CA; a developer of innovative user authentication and identity management technologies; $2.5 million; Series A;, , , , , .

Automattic- San Francisco, CA; a developer of open source blogging technologies; undisclosed amount; Series A; , , , .

Before the Call – Sunnyvale, CA; a developer of sales intelligence; $2.5 million; round not specified; , , , .


GreenFuel Technologies - Cambridge, MA; a developer of algae bioreactor systems that convert CO2 smokestack gases into clean biofuels; $6.8 million; Series B; , , .


iConclude – Bellevue, WA; a provider of problem management and incident resolution solutions; $9 million; Series B; , , .

Indicative Software – Fort Collins, CO; a provider of IT service management software; $6 million; Series B; , , , .

Jigsaw Data – San Mateo, CA; a provider of a web based subscription service where marketers, recruiters, and sales people can buy, sell and trade business contact information; $12 million; Series C; , , .

Magink Display Technologies – Mevasseret Zion, Israel; a developer of proprietary, full-color, commercially-viable digital ink technologies; $10.5 million; round not disclosed; , , .

Pivot Solutions – New York, NY; a developer of IM Trader an instant messaging, electronic trading, and research distribution network for the institutional community; $8 million; Series B; .

Reel FX – Dallas, TX; a provider of 3D animation and visual effects in the broadcast, feature film, computer and videogame and advertising industries; $8 million; round not specified; .

Revver – Los Angeles, CA; a provider of a service that allows users to make money off their videos; $8.7 million; Series B; , .

Seed Media Group - New York, NY; a provider of science media and entertainment; $1.75 million; Series B; , .

ShotSpotter – Santa Clara, CA; a developer of gunshot location systems and technology; $9.4 million; round not specified; , , , , , .

SintecMedia – Jerusalem, Israel; a developer of management systems for the broadcasting, cable and satellite industries; $10 million; round not specified; Sequoia Capital.

Trenstar - Greenwood Village, CO; a provider of mobile asset management; $10 million; Equity Funding; , .

Uplogix – Austin, TX; a provider of automated network support solutions to reduce the cost and complexity of managing IT infrastructure; $7 million; Series B; , .

YouTubeSan Mateo, CA; a developer of media for people to watch and share original videos worldwide through a Web experience; $8 million; Series B; .

Zoom Systems – San Francisco, CA; a developer of robotic stores that place iconic brands and high demand products directly in the path of consumers; $10 million; Series C; , , .

Executive Moves

Agilent Technologies, a Palo Alto, CA based provider of core electronic and bio-analytical measurement tools, named Keith Barnes as President and CEO of Verigy. Barnes was formerly Chairman and CEO of Electroglas.

BlueRoads, a San Mateo, CA based provider of channel management software-as-a-service, named Shinya Akamine as CEO. Akamine was formerly CEO at Postini.

Debitman Card, a San Mateo, CA based developer of interoperable electronic payment network for retailer-issued debit cards, named Mike Grossman as CEO. Grossman was formerly CEO of LiveCapital.

Ember, a Boston, MA based developer of networks enable communication among embedded microcontrollers with standards-based wireless mesh networking semiconductors and software, named Robert LeFort as CEO. LeFort was formerly President at Infineon Technologies.

GeoVue, a Woburm, MA based provider of provider of location based decision support systems for the real estate, retail, and restaurant industries, named Rudy Nadilo as CEO. Nadilo was formerly founder and CEO of Greenfield Online.

Ignite Technologies, a Dallas, TX based developer of digital delivery service, named Jim Janicki as President and CEO. Janicki was formerly President and CEO at Calpont.

NemeriX, a Santa Clara, CA based developer of fabless semiconductors with ultra low power, RF, baseband and software designs for global positioning systems (GPS) solutions, named Lionel Garin as CTO. Garin was formerly Director of Systems Architecture and Technology at SiRF Technology.

Peerflix, a Menlo Park, CA based provider of peer-to-peer online trading for DVD’s, named Jim Ambras as VP for Engineering. Ambras was formerly VP of Products and Services at OnStation Corp.

Rambus, a Los Altos, CA based developer of high speed chip interfaces, names Satish Rishi as SVP of Finance and CFO. Richi was formerly VP of Finance and CFO at Toppan Photomasks.

SanDisk, a Sunnyvale, CA based supplier of flash memory data storage card products, named Eli Harari as Chairman and Sanjay Mehrotra as President and COO and Irwin Federman as Vice Chairman and Lead Independent Director. Harari is also CEO of SanDisk. Mehrotra was formerly EVP.

SiBeam, a Sunnyvale, CA based developer of semiconductors systems solutions for high-speed communications platforms named John LeMoncheck as President and CEO. LeMoncheck was formerly VP of Consumer Electronics and PC/Display Products at Silicon Image.

TZero Technologies, a Sunnyvale, CA based developer of multimedia chipsets, named Mike Gulett as CEO. Gulett was formerly interim CEO at Siliquent Technologies.

UPEK, a Berkeley, CA based supplier of fingerprint authentication solutions, named Gary Martell as CFO. Martell was formerly CFO at Orbital Data.

Velogix, a Santa Clara, CA based developer of programmable fabrics, components, and design software platform named Vivek Pendharkar as President and CEO. Pendharkar was formerly Senior Executive at Xilinx.

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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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