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![]() Wednesday, May 16, 2012 One Less Way To Get A Piece of Zuckerberg 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 Facebookâs (More info...) posted on Wednesday, May 16, 2012(Full story) Nurix Raises $3.1M For Biotherapeutics Effort 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. Jobs listings for the firm indicate that it is focused on the discovery and development of small molecule inhibitors of ubiquitin ligases to treat a broad ra (More info...) posted on Wednesday, May 16, 2012 (More)(Full story) Equinix Buys European Colocation Firm 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. posted on Wednesday, May 16, 2012(Full story) IPO Prospects Raising Valuations, Slowing Deals 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. The report, which analyzed IPO and M&A activity over the first three months of the year, said an enthusiasm for IPOs--with 13 technology IPOs and another 14 IPO registrations in the first three months of the year--has been affecting the number of mergers and acquisitions, with 64 deals, ver (More info...) posted on Wednesday, May 16, 2012(Full story) Facebook Expands IPO Size 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 shar (More info...) posted on Wednesday, May 16, 2012(Full story) |
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