Mergers & Acquisitions

Audio Codes, a Lod, Israel based provider of Voice over Packet (VoiP) technologies and Voice Network products, acquired Nuera Communications, a San Diego, CA based company that designs, manufactures and sells packet voice gateways to communication service providers worldwide, for $85 million.

Expand Networks, a Roseland, NJ based developer of simplifying companies IT infrastructure while delivering remote offices fast, reliable and secure access to networked applications, acquired DiskSites, a Potomac, MD based provider of remote optimized application delivery solutions that reduce the cost of branch office IT , for an undisclosed amount.

FiberTower, a San Francisco, CA based provider of wireless backhaul networking equipment, merged with First Avenue Networks, a McLean, VA based provider of backhaul networking, for $2.14 billion.

Hands-On Mobile, a San Francisco based developer of mobile lifestyle, games and personalization products, acquired Thumbspeed,a Bellevue, WA based provider of mobile blogging and messaging software, for an undisclosed amount.

Microsoft, a Redmond, WA based developer of software, services and solutions that help people and businesses realize their full potential, acquired Whale Communications, a Fort Lee, NJ based provider of secure access products, for an undisclosed amount.

NeuCo, a Boston, MA based provider of artificial intelligence based software, acquired Pegasus Technologies, a Chardon, OH based provider of optimization software to the power industry for an undisclosed amount.

Onset Technology, a Santa Cruz, CA based developer of enterprise access software for wireless handhelds, acquired MessageVine, a Natick, MA based provider of mobile instant messaging and presence solutions for mobile operators, service providers and enterprises, for an undisclosed amount.

Qwest Communications International, a Denver, CO based provider of high-speed internet, data, video and voice services, acquired OnFiber Communications, an Austin, TX based provider of high-performance fiber networks, for an undisclosed amount.

Tatara, an Acton, MA based developer of solutions for service and content providers who want to deliver converged mobile offerings to their customers across networks and devices, acquired Xybec Solutions, a Vancouver, BC based developer of communications software, for an undisclosed amount.

TechTarget, a Needham, MA based IT media company, acquired 20/20 Software, a Los Angeles, CA based provider of online, feature-comparison information and access to trial software for small and medium sized businesses, for an undisclosed amount.

SecurePipe, a Lincolnshire, IL based provider of managed network security services to financial institutions and distributed enterprises wrestling with escalating regulatory requirements, acquired Farm9, an Emeryville, CA based provider of managed network security services, for and undisclosed amount.

Verisign, a Mountain View, CA based provider of infrastructure services for the internet and telecommunications networks, acquired GeoTrust, a Needham, MA based supplier of SSL and other solutions to secure e-business transactions, for $125 million.

Funding

Antepo – New York, NY; a provider of enterprise instant messaging and presence technology; undisclosed amount; Series A; Panzica Investments.

D-Wave – Burnaby, BC.; a developer of high-performance quantum computing systems for commercial use in logistics, bioinformatics, life and physical sciences, quantitative finance and electronic design automation; $14 million; Series B; Harris & Harris Group, Draper-Fisher-Jurvetson, BDC Venture Capital, Growthworks Capital, British Columbia Investment Management Corporation.

GameLogic – Waltham, MA; a developer of gaming platforms for lotteries and casinos; $3 million; Debt Financing; Hercules Technology Growth Capital.

Guardium – Waltham, MA; a provider of database security software; $6.3 million; Series C; Cisco Systems.

Identity Engines – Mountain View, CA; a provider of network based identity management solutions; $13 million; Series B; Trinity Ventures, Horizon Ventures, Lightspeed Venture Partners.

Imperva – Foster City, CA; a provider of data security for the data center; $17 million; Series C; Greylock Partners, Accel Partners, US Venture Partners, Venrock Associates.

Instantis – Santa Clara, CA; a provider of on-demand software to manage CXO mandated initiatives that improve enterprise financial performance; $8.8 million; round not specified; U.S. Venture Partners, JK&B Capital, Shea Ventures.

LocoMobo – Wellesley, MA; a provider of content to mobile phones; $3.4 million; Series A; General Catalyst Partners.

MediaVast – New York, NY; a provider of high-quality visual content and related services to print and online media, advertising agencies, broadcast networks, mobile carriers, communication agencies and other publishing enterprises; $15 million; Series C; QVT Fund, Time Warner Investments, Baroda Ventures, SBE Entertainment Group.

Metatomix – Waltham, MA; a provider of semantic composite applications; $11.3 million; round not specified; Dunrath Capital, Battelle Ventures, North Hill Ventures, Apex Venture Partners, Velocity Equity Partners, Equity Resources Group.

Pando Networks – New York, NY; a provider of transport for today’s large personal media; $7 million; Series B; Intel Capital, BRM Capital and Wheatley Partners.

Photobucket – Palo Alto, CA; a provider of a website for uploading and sharing photos, video, and slideshows; $10.5 million; Series B; Trinity Ventures.

PiXPO – Vancouver, BC; a provider of digital media broadcast technology; $6.5 million; Series A; Madrona Venture Group, Working Opportunity Fund, Yaletown Venture Partners, Springbank TechVentures.

Riverside Partners – Boston, MA; a private equity firm focused on healthcare and technology businesses; $225 million; Third Investment Fund; Massachusetts Institute of Technology, TIFF, Abbott Capital Management, MN Services, Hartford Investment Management.

Sierra Design Automation – Santa Clara, CA; a developer of high-performance IC implementation solutions; $14 million; Series B; Artiman Ventures, Telesoft Partners, Evercore Ventures.

The Insitu Group – Bingen, WA; a developer of unmanned aerial vehicles and tools for intelligence, surveillance and reconnaissance; $23 million;
Series C; Battery Ventures, Second Avenue Partners, Pteranodon Ventures.

Toodou.com – Shanghai, China; a producer of a podcasting website; $8.5 million; Series B; Granite Global Ventures, JAFCO Asia, IDG Technology Ventures.

Executive Moves

Actify, a San Francisco, CA based provider of client-server design visualization and collaboration solutions for the high technology, automotive, industrial automation and discrete manufacturing industries, named David Opsahl as CEO, and Christopher Jones as President. Opsahl was formerly VP of Business Development. Jones was formerly VP of Sales for Europe, the Middle East and Asia.

Adobe Systems, a San Jose, CA based developer of web publishing software, named Randy Furr as EVP and CFO. Furr was formerly President and COO of Sanmina-SCI.

Blaze DFM, a Sunnyvale, CA based provider of “Electrical DFM” solutions to integrated device manufacturers, fabless semiconductor companies and silicon foundries., named Jacob Jacobsson as CEO. Jacobsson was formerly President and CEO of Forte Design Systems.

Cognos, a Burlington, MA based provider of business intelligence and corporate performance management solutions, named Les Rechan as COO. Rechan was formerly SVO and Global General Manager for Customer Relationship Management Strategy at Oracle.

EMC, a Hopkinton, MA based data storage technology giant, named Bill Teuber as Vice Chairman. Teuber is the CFO.

Entropic, a San Diego, CA based developer of LAN and WAN coax networking for home digital entertainment, named Tim Pappas as VP of Operations. Pappas was formerly Director of Operations.

Highland Capital Partners, a Lexington, MA based venture capital firm, named Peter Bell as Venture Partner. Bell was formerly Founder and Managing Director of Stowe Capital.

Hypertronics, a Hudson, MA based provider, manufacturer, and distributor of specialty connectors for the electronics industry, named Vadium Radunsky as President. Radunsky was formerly VP of Engineering and New Business Development.

In-Q-Tel, an Arlington VA based venture capital firm that invests in companies developing cutting-edge technologies that serve United States national security interests, named Will Johnson as Partner. Johnson was formerly Principal.

Intrusic, a Burlington, MA based provider of solutions that protect large corporations and government organizations from internal IT security threats, named James Mobley as CEO. Mobley was formerly one of the directors on the board.

Kasenna, a Sunnyvale, CA based provider of video-on-demand (VOD) content and MPEG-4 ready IPTV applications for Triple Play services over broadband networks, named Kumar Shah as CEO. Shah was formerly Entrepreneur in Residence at US Venture Partners.

Newnham Research, a Palo Alto, CA based display networking company, named Hamid Farzaneh as President and CEO. Farzaneh was formerly EVP of Sales and Business Development at Silicon Optix.

Shop.com, a Monterey, CA based online retailer, named Ken Goldstein as CEO. Goldstein was formerly EVP and Managing Director at Disney Online.

Virtutech, a San Jose, CA based developer of simulation technologies for software development and test, named Greg Lund as VP of the Asia Pacific Region. Lund was formerly Managing Director for Rational Software.

Xceedium, a Jersey City, NJ based provider of centralized, policy-based, secure access for IT operations management, named Cheryl Traverse as President and CEO. Traverse was formerly President, CEO and Chairman at Immunix.