Dunedin Makes 2.4x Return on WFEL
UK-based mid-market private equity house Dunedin has sold WFEL to KMW, a German land defence systems provider. WFEL manufactures mobile bridging systems for use in military and disaster relief scenarios.The sale has realised a multiple of 2.4x for Dunedin. PRESS RELEASE Dunedin, the mid-market private equity house, has sold WFEL, the world leader in mobile...
Rubicon Project Acquires Mobsmith
The Rubicon Project said it has acquired mobile advertising platform Mobsmith. No terms were disclosed. It is the fourth ad technology acquisition the company has completed in the past three years. PRESS RELEASE Rubicon Project Acquires Mobile Advertising Platform, Mobsmith Offers complete real-time trading platform for mobile and display advertising LOS ANGELES, May 23, 2012...
Hexagon Acquires myVR
Hexagon, a provider of design, measurement and visualisation technologies, has acquired Norwegian company My Virtual Reality Software. Founded in 2003, myVR provides real-time, 3D virtual technology to the oil and gas, building and construction, government and web portals industries, as well as other traditional and emerging digital markets. PRESS RELEASE Hexagon AB (sto:HEXAB), leading global...
Experian Marketing Services Acquires Conversen
Experian Marketing Services, a provider of data, analytics and marketing technologies, has acquired Conversen. Conversen is a developer of management technologies that enable marketers to create cross‐channel conversations through mobile, web, social, email and traditional channels. Independent investment bank, The Jordan, Edmiston Group of New York represented Conversen in this transaction and acted as its...
Silicon Laboratories to Acquire Ember for $72m
Silicon Laboratories is to acquire Boston-based Ember Corporation for $72 million. Ember is a late-stage private company which develops wireless mesh networking technology. PRESS RELEASE Silicon Laboratories Inc. SLAB +1.17% , a leader in high-performance, analog-intensive, mixed-signal ICs, today announced it has signed a definitive agreement to acquire Boston-based Ember Corporation for initial consideration of...
EMC’s Purchase of Cloud Storage Company Syncplicity Provides “Win” for True Ventures
Storage giant EMC has purchased cloud storage provider Syncplicity, providing a "win" for True Ventures, says Phil Black, who led led the investment for True.
A new step for Man (and sector valuations generally?)
Man Group caught the hedgie sector off-guard on Monday with an intriguing deal to buy institutional fund-of-funds specialist FRM Holdings.It’s intriguing because Man seems...
