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 Thursday, September 2, 2010 CafePress Buys Canvas On Demand San Mateo-based custom printing firm CafePress said Thursday that it has acquired Canvas On Demand, a North Carolina-based firm which provides personalized custom canvases from users' photographs. Financial terms of the buy were not disclosed. The deal also included sister company Canvas On Demand Pro and Great Big Canvas. posted on Thursday, September 2, 2010(Full story) Synopsys Completes Virage Logic Buy Mountain View-based Synopsys said Thursday afternoon that it has completed its acquisition of Virage Logic. Synopsys said the deal was worth $12.00 per cash per Virage Logic share, or approximately $315M. The deal had originally been announced in June. posted on Thursday, September 2, 2010(Full story) Mayfield's Roberts Joins RealNetworks' Board Janice Roberts, a Managing Director at Menlo Park-based Mayfield Fund, has just joined the board of directors of publicly held RealNetworks. Roberts investments include Aliph, PlayFirst, Quickoffice, and Ubicom. Roberts also has served at 3Com Ventures and 3Com, where she was Senior Vice President, Business Development and Global Marketing. posted on Thursday, September 2, 2010(Full story) Taleo Buys Learn.com Dublin, California-based Taleo, a developer of talent management, compensation, and performance management software, said late Wednesday evening that it has acquired Learn.com, a provider of SaaS learning management solutions. The deal was worth approximately $125M in cash. Taleo said that Learn.com's software as a service helps businesses to more seamlessly develop, deliver and manage education and training. Taleo was advised by J.P. Morgan Securities and Wilson Sonsini Goodrich & (More info...) posted on Thursday, September 2, 2010(Full story) 3PAR Accepts HP's $33 Per Share Offer, Dell Withdraws 3PAR said today that it has accepted Hewlett Packard's $33 per share offer for the firm, and Dell said it would not increase its proposal, ending the bidding war for 3PAR. HP and Dell have been locked in a bidding battle since August 16th, when Dell initially offered $18.00 per share for 3PAR. HP soon entered the fray, and the firms traded increasingly large bids in an attempt to gain control of 3PAR. posted on Thursday, September 2, 2010(Full story) Cisco Buys Arch Rock San Jose-based Cisco announced this morning that it is buying Arch Rock Corporation, a developer of wireless network technology for smart grid applications. Financial terms of the buy were not disclosed. Arch Rock, which is based in San Francisco, develops Internet Protocol-based wireless mesh networking technology. Cisco said the acquisition would complement its recently announced joint development agreement with Itron, a maker of smart meters. Arch Rock's team will become part of (More info...) posted on Thursday, September 2, 2010 (More)(Full story) Recurve Names New CEO San Francisco-based Recurve, which provides both energy efficiency software and green energy remodeling services, said yesterday that it has named Andy Leventhal as the firm's CEO. Leventhal was most recently founder and CEO of Planet Metrics, which was sold in January to Parametric technology, and has also served at EMC, VeriSign, Red Hat, and Imperva. The firm said that Leventhal replaces Pratap Mukherjee, who is leaving to pursue unspecified other opportunities. Recurve is backed by Lo (More info...) posted on Thursday, September 2, 2010(Full story) Inflection Finds $30M Palo Alto-based Inflection, which runs the websites Archives.com and PeopleSmart.com, said this morning that it has raised $30M in a Series A funding round. The round was led by Matrix Partners and Sutter Hill Ventures. As part of the investment, Greg Sands of Sutter Hill Ventures and Josh Hannah of Matrix Partners are joining the company's board. Archives.com offers up historical records and information, mostly for genealogy and family history use, and PeopleSmart.com is a people search (More info...) posted on Thursday, September 2, 2010 (More)(Full story) |
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