Read the latest mergers and acquisitions news in the technology world compiled by M&A virtual data room provider ansarada.
Salesforce.com is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, reports Bloomberg.
OmniVision Technologies agreed to get bought by a consortium of China-based private-equity investors in an all-cash deal that values the maker of digital-imaging solutions at $1.9 billion, reports the Wall Street Journal. The consortium of buyers include Hua Capital Management, CITIC Capital and GoldStone Investment. The agreement was unanimously approved by OmniVision’s board.
Two of the world’s largest manufacturers of the machinery used to produce semiconductors, Applied Materials of the United States and Tokyo Electron of Japan, dropped plans to merge after the Department of Justice said that combining their businesses would restrict competition, reports the New York Times Dealbook.
Infinidat, a secretive young data storage company, has burst into public view with $150 million in new funding and a valuation of $1.2 billion, placing it among the most valuable privately held companies in the world, reports the WSJ. The round was led by TPG Growth and takes total funding to $230 million, which may be enough to take Infinidat to an initial public offering, according to head of marketing Gareth Taube.
Twitter has agreed to pay up to $533 million in stock to acquire marketing technology firm TellApart, a startup that could help the social-media company alleviate concerns about sagging revenue growth, reports the WSJ.
Intarcia Therapeutics raised $225 million in the latest in a series of financings to support development of its implantable drug-delivery pump for patients with diabetes, reports the WSJ.
Goldman Sachs is one of two lead investors in a $50 million funding round for bitcoin startup Circle Internet Financial, reports the WSJ. Goldman adds its name to a growing list of Wall Street institutions exploring digital-currency technology’s potential to provide faster and cheaper financial transactions and payments.
MX, the personal finance startup formerly known as Money Desktop, has raised $30 million in Series A funding deal led by a subsidiary of USAA, reports TechCrunch. Tokyo-based venture capital firm Digital Garage also participated in the round.
Lyst, a site that lets people shop across 11,500 different online stores using a single check-out, has raised about £26 million in a Series C round of funding, reports TechCrunch. Investors in this round, which brings the total raised by Lyst to $60 million since being founded in 2011, include strategic backers Group Arnault, as well as previous investors Accel, Balderton, 14W and DFJ.
TripleMint, a New York City startup aiming to take the pain out of buying, selling and renting an apartment, has raised $1.65 million in seed funding, reports TechCrunch. Investors include Dominion Capital, Winklevoss Capital, Entrepreneurs Roundtable Accelerator, Kima Ventures, Archangel Ventures, Fabrice Grinda, Tom Falus, former president of Cushman & Wakefield, as well as Mike Albanese, publisher of the New York Observer.
Tencent, one of China’s biggest Internet companies, has agreed to purchase a 14.6 percent stake in Glu Mobile, the San Francisco game developer probably best known for the hit app “Kim Kardashian: Hollywood,” reports TechCrunch.
Beijing Weiying Technology, the maker of a movie ticket booking platform that is embedded in WeChat, China’s largest messaging app, has raised a $105 million through a series B fund raising, reports TechCrunch. Investors include WeChat owner Tencent and Wanda Group, one of China’s largest movie theater operators.
Apple has cash, cash equivalents, short-term marketable securities, and long-term marketable securities, of $194 billion, reports TechCrunch.
Online eyeglass retailer Warby Parker has raised a fresh round of capital that values it over $1 billion and bolsters its expansion of brick-and-mortar stores, reports the WSJ. T. Rowe Price led a $100 million round of funding in Warby Parker, the company said in an interview this week. The round values five-year-old Warby Parker at $1.2 billion.
Refinery29, the five-year-old media site that caters specifically to the young female reader, announced the close of a $50 million Series D financing, led by Scripps Networks Interactive and WPP, reports TechCrunch.
Slow Ventures, previously run by early Facebook employees Dave Morin and Kevin Colleran, has raised a new $65 million fourth fund, reports TechCrunch.
Windward, which provides maritime data and analytics, has raised $10.8 million in funding led by Horizons Ventures, with participation from returning investor Aleph.
Payments company 2C2P has closed a $7 million Series C round to help solve the complexities across Southeast Asia. The round was provided by Hong Kong-based Amun Capital and GMO Venture Partners from Japan. It takes the three-year-old startup at $40 million pre-money, and takes it to $10 million from investors to date.
Campus Job, a platform to connect college students with local job opportunities, has raised a $7.8 million Series A round of funding led by General Catalyst Partners, with Index Ventures, Box Group, SV Angel, Slow Ventures, Lerer Hippeau Ventures and others, reports TechCrunch.
Mobile Action, has now closed on $2 million in funding led by Felicis Ventures to continue to grow its business. Others participating in the round include Streamlined Ventures, 500 Startups, 500 Mobile Collective, CrunchFund and various angel investors.
DocDoc, which matches patients with doctors, has raised S$11 million in Seris A funding led by Raymond Choong Yee How, president and chief executive officer of Malaysia banking conglomerate Hong Leong Financial Group and included participation from Sparklabs Global Ventures, reports TechCrunch.
Meal-kit delivery startup PlateJoy has raised $1.7 million in seed money to get into bigger markets and take on competitors like Blue Apron in the recipes-for-delivery segment, reports TechCrunch. The funding comes from Foundation Capital, Sherpa Ventures, HealthBox, 500 Startups, VaynerRSE, Bassett Investments, Gotham Gal Ventures’ Joanne Wilson and celebrity investor Jared Leto.
Eye-tracking company Sticky has raised $5 million in Series A funding. London-based Dawn Capital led the round, while past investors Northzone and Conor also participated. Sticky has now raised a total of $11 million.
Next section: People