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 Wednesday, July 2, 2008 Taleo Completes Vurv Buy Dublin, California-based Taleo Corporation said late Tuesday that it has compeleted its acquisition of Vurv Technology, Inc. The deal, which was originally announced in May, was worth $128.8M in cash and stock. Vurv was venture backed by QuestMark Partners and Tudor Ventures and based in Jacksonville, Florida. Taleo is a developer of software-as-a-service for talent management. posted on Wednesday, July 2, 2008(Full story) Cisco Targets Russian Startups With New VC Fund San Jose-based Cisco said Wednesday that it has anchored the investment in a new venture capital fund, focused on Russia and the Commonwealth of Independent States. Cisco said that it has invested in Almaz Capital Partners and its first fund, Almaz Capital Russia Fund I, L.P., which will focus on small and medium-sized companies in the technology, media, and telecommunications sectors in the region. The new fund, will be called the Almaz Capital / Cisco Fund I. Cisco also said it will also dire (More info...) posted on Wednesday, July 2, 2008(Full story) First Round Capital Adds Principals Venture capital firm First Round Capital has added two new principals to the firm's San Francisco office, the firm's managing partner, Josh Kopelman announced Tuesday on his blog. According to Kopelman, First Round has added Christine Herron and Kent Goldman to the office. Herron's experience includes a stint at Geocapital partners, and experience at a number of startups. Goldman joins the firm from Yahoo, where he was on the firm's Corporate Development team. posted on Wednesday, July 2, 2008(Full story) Focus Enhancements Buys Wireless Audio IP Campbell-based Focus Enhancements said today that it has entered into an agreement to buy certain intellectual property rights for a wireless audio product chipset from AudioMojo, which is owned by Hallo Development Co. Focus Enhancements is a developer of ultrawideband wireless technology. AudioMojo's chipset is a prototype wireless audio product. Focus Enhancements said it expects to bring markets based on AudioMojo's prototype in the first quarter of 2009 for sampling, with production in mid- (More info...) posted on Wednesday, July 2, 2008(Full story) VMware Completes B-hive Networks Acquisition Palo Alto-based VMware said late Tuesday evening that it has completed its acquisition of B-hive Networks. VMware had said that it would acquire B-hive, a developer of application performance management software, on May 28th. Financial terms of the deal have not been disclosed. VMware said that B-hive's R&D facility in Herzliya, Israel will become the core of a new development center in Israel. B-hive's software uses VMware's server virtualization products to monitor applications running within (More info...) posted on Wednesday, July 2, 2008(Full story) Cypress Shops Silicon Light Machines to Japanese Firm Cypress Semiconductor Corp., a manufacturer of mixed-signal integrated circuits, announced Tuesday that it has sold its Silicon Light Machines subsidiary to Japanese semiconductor equipment supplier Dainippon Screen. Terms of the deal were not disclosed. Silicon Light Machines, which Cypress acquired in August 2000, will become a wholly owned subsidiary of Dainippon Screen. The company produces small, silicon-based machines for handling light, which are then integrated into high-end displays, co (More info...) posted on Wednesday, July 2, 2008(Full story) |
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