Numecent, a stealth startup building a patented “cloudpaging” technology, just raised $2 million in Series A funding from undisclosed corporate investors. The $2 million tranche is a part of a larger $10 million funding round, and is in addition to the $7.5 million in seed funding the company has already raised from private investors. Exact [...]
Posted on February 1st, 2012 by admin
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The 4G wireless technology space is heating up, so expect vultures. Acacia Research Corporation, a massive patent holding group with dozens of subsidiaries in the business of exploiting intellectual property by means of lawsuits and aggressive patent licensing schemes, this morning announced that it has acquired ADAPTIX, a 4G wireless technology company that originally started [...]
Posted on January 13th, 2012 by admin
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NoSQL database company Neo Technology has raised $10.6 million in Series A funding led by Fidelity Growth Partners Europe with Sunstone Capital, Conor Venture Partners and Rod Johnson, the founder and CEO of SpringSource also participating in the round. As the world of data explodes in volume and complexity, many applications and databases need to [...]
Posted on September 21st, 2011 by admin
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Broadcom this morning announced that it has agreed to acquire NetLogic Microsystems, which delivers a range of semiconductor solutions. Under the agreement, NetLogic shareholders will receive $50 per share in a transaction of approximately $3.7 billion, net of cash assumed. Netlogic’s share price closed at $31.91 last Friday. With the acquisition, Broadcom expands its infrastructure [...]
Posted on September 12th, 2011 by admin
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Joining recent tech companies MobiTV, Angie’s List, Brightcove, and Jive; Guidewire Software, a company that develops technologies for the insurance industry, has filed its S-1. The company aims to raise as much as $100 million in a public offering under the symbol “GWRE.” Founded in 2001, Guidewire Software provides technology software to the property, casualty, [...]
Posted on September 5th, 2011 by admin
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Citrix this morning announced an investment in mobile technology company Core Mobile Networks, marking the third funding commitment for the company’s Startup Accelerator, its Silicon Valley-based seed investment initiative which debuted in December 2010. Core Mobile Networks correlates information from enterprise IT systems with content in the cloud, and delivers it to mobile devices such [...]
Posted on June 22nd, 2011 by admin
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Cotendo, which specializes in cloud-based acceleration technologies, this morning announced that it has raised $17 million in funding from strategic partners Citrix and Juniper Networks (through its Junos Innovation Fund) and previous backers Sequoia, Benchmark and Tenaya Capital. The company says the proceeds will be used to support its growth (particularly in Asia-Pacific and Latin [...]
Posted on June 16th, 2011 by admin
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Flash memory storage solutions provider SanDisk has acquired Pliant Technology, a developer of enterprise solid state drives, the company announced this morning. Under the terms of the agreement, SanDisk will pay approximately $327 million in cash and provide certain equity-based incentives. Pliant Technology offers SSDs that integrate into enterprise information systems. The company has approximately [...]
Posted on May 16th, 2011 by admin
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NVIDIA this morning announced its acquisition of Icera, which provides baseband processors for 3G and 4G cellular phones and tablets. The acquisition, for $367 million in cash, has been approved by both companies’ boards of directors and is expected to be completed, subject to customary closing conditions, in approximately 30 days. Icera holds more than [...]
Posted on May 10th, 2011 by admin
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NASDAQ-listed Limelight Networks this morning announced the acquisition of AcceloWeb, a Tel Aviv-based provider of technology that helps speed the presentation of websites and applications. We wrote about the company back in July 2009 when it was still called FasterWeb. Terms of the acquisition were not disclosed, but we’ve learned that the transaction was completed [...]
Posted on May 9th, 2011 by admin
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