IPTV company Kasenna sells at a huge loss for investors
Kasenna, which does IP video infrastructure and applications (aka IPTV) is selling for just $6.1 million, according to VentureWire. The purchasing company is another IPTV player, Espial, in what will be an all-stock deal.
This sale is a huge loss for its investors as Kasenna has… Continue Reading
Greenplum raises $27M for business intelligence database software
Greenplum, a San Mateo, Calif. provider of open source database software for business intelligence, said it has raised $27 million in a third round financing.
It was led by Meritech Capital Partners, and includes Sun Microsystems and SAP Ventures, a division of software giant SAP.
The new… Continue Reading
Zebra buys RFID company, WhereNet, for $126 million
Zebra Technologies said it will acquire WhereNet, a Santa Clara, Calif. provider of active radio frequency identification (RFID) based wireless products that track and manage enterprise assets, for $126 million in cash.
WhereNet had raised more than $80 million over ten years from investors including Bay… Continue Reading