Reuters News
Canadian software company 20-20 Technologies Inc is to be acquired by an affiliate of private equity firm Vector Capital Corp for $77 million, writes Reuters. Vector will pay $4.00 (US) per share in cash to buy all of the company’s shares. The stock closed at C$4.03 on Friday on the Toronto Stock Exchange. (Reuters) – […]
VCs KPCB & Khosla Ventures rack up some returns on a deal to a big strategic to kick off a smaller M&A Monday.
All of a sudden, smaller startups may have an advantage over Zynga in Facebook's app directory thanks to a technology switch--but will both companies suffer because investors don't 'Like' Zynga's performance?
Trulia, an online real estate listing service, has filed confidentially for an initial public offering, becoming the latest company to take advantage of a new U.S. law, according to several sources familiar with the situation.
Mobile payments startup Square is about to take on capital--and a new big valuation--from what some might consider an unlikely source.
(Reuters) – Software maker VMware Inc said it will acquire privately held Nicira Inc for $1.05 billion in cash to expand its portfolio and establish a leading position in virtualized networks. The deal, which is VMware’s biggest acquisition to date, includes $210 million of assumed unvested equity awards and is expected to close in […]
Asana, a Silicon Valley start-up, has lined up $28 million in a financing round led by PayPal co-founder Peter Thiel and his Founders Fund, the company said. The funding round values the workplace-collaboration company at $280 million, a person familiar with the matter said. Asana launched the free version last year of its company management […]
Polaris Venture Partners is set to make a big exit as LegalZoom.com said it expects its IPO shares to price between $10 and $12 per share.
Kleiner Perkins Caufield & Byers said on Friday it would appeal a judge's decision to NOT move the lawsuit from Ellen Pao into arbitration.
Goals Soccer Centres Plc., which runs 5-a-side football centres across the United Kingdom, accepted a 73.1 million pound ($115 million) buyout offer from one of Canada’s largest pension funds on Friday. The Ontario Teachers’ Pension Plan will pay 144 pence per share for Goals, according to a statement from the British company. The offer represents […]