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 Wednesday, February 3, 2010 Synopsys Acquires VaST Mountain View-based Synopsys said earlier this week that it has acquired VaST Systems Technology Corporation, a developer of virtual prototyping products. Financial terms of the deal were not disclosed. Synopsys said that it will add VaST's virtual prototyping solutions to its existing product portfolio. VaST was venture backed by ZenShin Capital, Allen Buckeridge, Foundation Capital, and Mohr Davidow Ventures. posted on Wednesday, February 3, 2010(Full story) Gigamon Taps Into $22.8M Milpitas-based Gigamon, a developer of network monitoring and replication devices, said Wednesday that it has raised $22.8M in funding from Highland Capital Partners. The firm said the round is its first institutional funding, and will go towards accelerating its growth. Peter Bell and Corey Mulloy of Highland join the company's board along with the funding. Gigamon was founded in 2004. posted on Wednesday, February 3, 2010 (More)(Full story) Teknovus Acquired By Broadcom For $123M Petaluma-based Teknovus, a developer of Ethernet Passive Optical Network (EPON) chipsets and software, has been acquired by Broadcom in a deal worth $123M. According to Broadcom, it will pay $123M in cash for Teknovius, which develops EPON chipsets used for delivering fiber-to-the-home in Asia and elsewhere. Broadcom said the buy will add a key element to its existing offerings. The deal is expected to close in the first or second quarter of the year. posted on Wednesday, February 3, 2010(Full story) Yahoo Sells HotJobs To Monster Yahoo has sold its online recruitment site, Yahoo! HotJobs, to Monster Worldwide, Monster said Wednesday afternoon. According to Monster, it is acquiring Yahoo! HotJobs for $225M in cash. The firm also said that the two firms have entered into a three year, traffic agreement, where Monster will become Yahoo's provider of career and job content on Yahoo!'s homepage. posted on Wednesday, February 3, 2010(Full story) Green Plug Raises Series B San Ramon-based Green Plug, a developer of power charging technology and devices, said today that it has raised a Series B round of funding. Amount of the funding was not disclosed. According to the firm, the round was led by Herald Investments UK, Killik & Co. and Peninsula Venture Partners. Green Plug develops technology which allows its power adapters to power a variety of devices needing different voltage and power to recharge. posted on Wednesday, February 3, 2010 (More)(Full story) Yammer Adds $10M San Francisco-based Yammer, the corporate take-off on the Twitter micro-messaging service, said today that it has raised $10M in a Series B round of funding. The company, run by former PayPal founder David Sacks, said SV Angel, Ron Conway, Charles River Ventures, and Goldcrest Investments also participated in the funding. Jason Green of Emergence joins the firm's board along with the funding. posted on Wednesday, February 3, 2010 (More)(Full story) BrightRoll Gets $10M San Francisco-based BrightRoll, the operater of an online video advertising network, said today that it has raised $10M in a Series C funding round. The company said the funding was led by Scale Venture Partners, and also included True Ventures, Adams Street Capital and KPG Ventures. The firm said it has now raised $16M in funding, and that it was profitable for the last 12 months. The firm said the funding will go to expand its technology platform and operations. Rob Theis of Scale joins (More info...) posted on Wednesday, February 3, 2010 (More)(Full story) Glam Media Gets $50M San Francisco- and New York-based Glam Media, which operates an online network of sites for women, said Tuesday that it has raised approximately $50M in a Series E round of funding. The funding was led by Aeris Capital, and also included Burda Digital holding and Mizuho Capital. The firm said the new funding will go to build out a Digital Media Technology Center, and for both international expansion and strategic acquisitoins. The firm said it has now raised over $130M in cash. As part of (More info...) posted on Wednesday, February 3, 2010 (More)(Full story) Silicon Storage Technology Acquired By Microchip Technology Sunnyvale-based Silicon Storage Technology said this morning that it has dropped a plan to be acquired by Technology Resources Holdings, and instead has entered into a definitive merger agreement with analog semiconductor firm Microchip Technology. SST said that Microchip will pay $2.85 per share in cash for the firm, in a deal worth approximately $284M. The acquisition terminates its prior, merger agreement with Technology Resource Holdings. posted on Wednesday, February 3, 2010(Full story) |
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