On a busy day over at Facebook, the now-public social networking site has acquired Karma, a developer of mobile, social gifting applications which are integrated with Facebook. Financial terms of the deal were not disclosed. Karma said that the firm's service has been acquired by Facebook, and will continue top operate in "full force". Karma was founded in 2011, and was based in downtown San Francisco.Continue →

Mountain View-based Facebook has priced its IPO at $38.00, at the high end of its already increase offering range, which was between $34.00 and $38.00 per share. The IPO--which will be the largest IPO of a technology company, ever--will start trading Friday morning. Facebook is selling 421,233,615 shares of its common stock in the IPO.Continue →

Santa Clara-based Agilent said Thurdsay that it has acquired Daiko, a Denmark-based cancer diagnostics firm, for $2.2 billion. Agilent said the deal is the largest acquisition in its history. Dako will go to complement Agilent's existing bio-analytical measurement business. Agilent was advised by Credit Suisse Securities in the deal.Continue →

San Francisco-based Gen110, which helps place photovoltaic panels on residential rooftops through power-purchase agreements, said today that it has raised a round of funding from Kleiner Perkins Caufield & Byers. Size of the round was not announced. Gen110 said it helps homeowners who are heavy energy users to purchase residential power cost effectively, and has installed its systems on more than 2,000 homes.Continue →

Online photo-pinning site Pinterest, which is based in Palo Alto, has raised $100M in a funding round, the firm announced today. The round was led by Japanese e-commerce giant Rakuten, and also included Andreessen Horowitz, FirstMark Capital and Bessemer Venture Partners. The round reportedly valued the company at $1.5 billion.Continue →

Those folks eager to get a piece of Facebook, but who just haven't been able to get an allocation of the firm's IPO shares, have one less way of getting a piece of Zuckerburg Wednesday, after a Chinese manufacturer pulled its sales of a Mark Zuckerburg action figure. According to a posting on the website of MIC, it has discontinued its "Inventor Action Figure" after it was informed by Facebook that the firm has not consented to the use of Facebook’s copyrights and trademarks....Continue →

San Francisco-based Nurix, a stealth mode startup which looks to be headed by Timothy Kutzkey, a venture capitalist at The Column Group, has raised $3.1M in a funding, according to a regulatory filing by the firm. Details on what the company is working on, and the financing, have not been announced....Continue →

Redwood City-based data center operator Equinix said Wednesday that it has acquired Ancotel, a provider of carrier neutral colocation and interconnection services in Europe. Financial details of the buy were not disclosed. Equinix said that Ancotel had $21.4M of revenue in 2011. Equinix gains a data center in Frankfurt, with 2,100 meters of data center capacity and 400 customers with the buy.Continue →

A report this morning issued by PricewaterhouseCoopers said that "IPO fever" is increasing the valuation of technology companies, which as slowed the pace of mergers and acquisitions in the technology market....Continue →

Under what looks to be a severe oversubscription to Facebook's upcoming IPO, the company filed a new S-1 this morning, saying that it will now offer up 421,233,615 shares of its stock in its IPO offering, expected to price Thursday evening and trade Friday morning. The company, which will trade on the NASDAQ Global Market as FB, is set to be worth over $16 billion, making it the largest ever technology IPO. The new shares would come from existing shareholders....Continue →

Palo Alto-based Simplee, which develops an online service to help patients track, review, and pay medical claims and bills online, said today that it has raised $6M in a Series A round worth $6M. The round came from Social+Capital Partners, as well as Greylock Partners. Simplee said that Social+Capital Partnership's Ted Maidenberg and Greylock's Tilli Kalisky have joined the board with the funding. Simplee is headed by Tomer Shoval....Continue →