Archive for the Portfolio News Category

Amdocs completes purchase of cVidya

Amdocs completes purchase of cVidya Amdocs completed its acquisition of cVidya on January 15, 2016, sources told TheMarker. The buyout, which TheMarker revealed in November, cost $30 million. Some 10% of cVidya’s 200 employees will lose their jobs as a result. The remainder will go to work […]

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Hudson’s Bay Company to Acquire Gilt

Hudson’s Bay Company to Acquire Gilt Hudson’s Bay Company (TSX: HBC) announced on January 7, 2016 that it has entered into a definitive agreement to acquire Gilt Groupe Holdings, Inc. for $250 million in cash, subject to customary requirements. This transaction reflects HBC’s ongoing focus on advancing […]

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Benchmark Capital Exits eBags

Benchmark Capital exits eBags eBags announced on December 3, 2015, Benchmark Capital sold its stake in the company. Mike Edwards, eBags President and CEO, and Peter Cobb, eBags co-founder and EVP, have purchased a portion of Benchmark’s shares. The two executives were joined in the purchase by […]

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J&J’s Biosense Webster buys Coherex Medical and its WaveCrest anti-stroke device

J&J’s Biosense Webster buys Coherex Medical and its WaveCrest anti-stroke device Johnson & Johnson (NYSE:JNJ) subsidiary Biosense Webster said on November 20, 2015, that it acquired Coherex Medical for an undisclosed amount. Salt Lake City-based Coherex makes the Wavecrest anti-stroke device, which is designed to occlude the heart’s left atrial […]

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EPAM Acquires Alliance Global Services

EPAM Acquires Alliance Global Services EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of product development and software engineering solutions, announced on November 16, 2015, its acquisition of Alliance Global Services, a software product development services and test automation solutions firm. The acquisition extends the company’s Global Delivery […]

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Ericsson announces agreement to acquire Envivio

Ericsson announces agreement to acquire Envivio Ericsson (NASDAQ:ERIC) announced on September 10, 2015, its agreement to acquire Envivio (NASDAQ:ENVI), by means of a tender offer for a price of USD 4.10 per share in cash, or approximately USD 125 million in the aggregate. The acquisition will strengthen […]

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Acquisition of Good Technology to expand BlackBerry’s leadership in secure cross-platform mobility management

Acquisition of Good Technology to expand BlackBerry’s leadership in secure cross-platform mobility management BlackBerry Limited (NASDAQ:BBRY)(TSX:BB), a global leader in secure mobile communications, on September 04, 2015, announced that it has entered into a definitive agreement to acquire Good Technology for $425 million in cash. The acquisition […]

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Synopsys Completes Acquisition of Atrenta

Synopsys Completes Acquisition of Atrenta Synopsys, Inc. (Nasdaq: SNPS) completed its acquisition of Atrenta, a provider of SoC realization solutions for the semiconductor and consumer electronics industries, on August 3, 2015. Atrenta is a recognized leader in static and formal technologies, and the acquisition supports Synopsys’ strategy […]

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VC Winnings on Square’s First Trading Day

VC Winnings on Square’s First Trading Day Square’s pre-IPO investors scored paper returns after the first day of trading, but some are doing better than others. The biggest winner was Khosla Ventures, whose $30 million stake across three rounds was worth $660 million after closing, filings say. […]

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Radius Health, Inc Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Radius Health, Inc. Announces Closing of Public Offering of Common Stock and Full Exercise of Underwriters’ Option to Purchase Additional Shares Radius Health, Inc. (NASDAQ:RDUS), a science-driven biopharmaceutical company focused on developing potential new therapeutics for patients with advanced osteoporosis as well as other serious endocrine-mediated diseases, […]

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