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 Thursday, May 17, 2012 Facebook Prices IPO At $38.00 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. posted on Thursday, May 17, 2012(Full story) Agilent Buys Cancer Diagnostics Firm Dako For $2.2 Billion 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. posted on Thursday, May 17, 2012(Full story) Gen110 Nabs Investment 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. posted on Thursday, May 17, 2012 (More)(Full story) Pinterest Raises $100M 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. posted on Thursday, May 17, 2012 (More)(Full story) |
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