TechStars’ New York greatest success story to date? ThinkNear, a hyper-local mobile ad service that was acquired today by Telenav for a whopping $22.5 million.
Merjerz has built a website to bring together acquirers with desirable startups — it’s like dating site for M&A. Anyone can lend their expertise to the process by reviewing a startup, and offering their take on the company culture, the market opportunity, and more.
Guest Post One of the most misunderstood markets in venture capital is the secondary market.
Home security company Vivint sells to Blackstone for $2B
Shutterfly, the website to store and print digital photos, is stepping up its mobile offering in a bid to stay relevant. Today, the company acquired Penguin Digital, the New York-based creator of the popular “MoPho” app.
U.S.-based BrightTag has caught SiteTagger, its British foe.
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Iraqi insurgency groups and Silicon Valley startups may not appear to have a lot in common, but according to Quid‘s Chief Technical Officer Sean Gourley, the mathematics underlying innovation and conflict are not that different.
Google paid $151 million in cash for restaurant review company Zagat, only one of the 54 acquisitions the company made in the first nine months of 2011.
Google is the latest company to be connected to a potential buyout of troubled Yahoo Inc. The search giant has talked to at least two equity firms about helping it acquire a chunk of Yahoo, according to a report in the Wall Street Journal, which sites an unnamed source close to the matter.
Daily-deal site Groupon bought Zappedy, a mystery company, for at least $10.3 million, according to a Form D filed with the SEC today.
Guest Post (Editor’s note: Serial entrepreneur Steve Blank is the author of Four Steps to the Epiphany. This is an edited version of a longer story that originally appeared on his blog.)
Guest Post [Stefanie Dhanda is senior vice president at Boston-based Stonebridge Associates, LLC, a FINRA/SIPC registered investment bank.]
Internet behemoth AOL announced today that it has hired Biz Stone, cofounder of white-hot microblogging service Twitter, as a “social impact advisor.”
Venture Capitalists are increasingly optimistic about the immediate future of investing in Silicon Valley. Their confidence registered 3.75 on a 5 point scale, with 5 indicating high confidence and 1 indicating low confidence, according to the quarterly Silicon Valley Venture Capitalist Confidence Index released today.
Search behemoth Google is back on the prowl again, today snapping up microblogging Twitter recommendation service Fflick for around $10 million, the companies confirmed this morning, one being an unnamed source at Google.
Successful exit activity for venture-backed companies rose 25 percent in 2010 from the previous year, reaching levels close to those seen before the recession and netting $39 billion in liquidity for 514 companies, according to a study released today by Dow Jones VentureSource.
Guest Post [Peter Yared is the vice president of apps at Webtrends, which acquired Transpond, a social-apps developer he founded.]
German business social networking site Xing has acquired Amiando, an online event management and ticketing services company, for around 10.3 million euros, as the “German LinkedIn” attempts to engage its more than 10 million members more actively.
AOL, at one time a leading Internet service provider, is looking to spin-off its dial-up operations and merge the remainder of the company with Yahoo, according to a report by Reuters.
It’s official: Groupon makes a ridiculous amount of money. In fact, it makes more than enough to reject Google’s offer, worth somewhere between $5 billion and $6 billion, to buy the daily-deal company.
Google’s not the only one getting into the increasingly lucrative online group buying business. LivingSocial has just scored a $175 million investment from Amazon.com, a deal whose possibility was first reported by VentureBeat last month.
Media titan Barry Diller said he is stepping down as CEO of media conglomerate InterActive Corp today.
Guest Post (Editor’s note: Jeff Bussgang is a General Partner at Flybridge Capital Partners. This column originally appeared on his blog Seeing Both Sides.)
Apple taught the tech world that going vertical — where a company owns many of the critical technology ingredients that it uses in its products — can result in big payoffs. Products like the iPhone and iPad are made with Apple software, chips, and hardware.
Guest Post (Editor’s note: David Millard is Chair of the Business Department of Barnes & Thornburg LLP. He submitted this story to VentureBeat.)
Buying Android Inc., the wireless-software startup founded by Andy Rubin, was Google’s “best deal ever,” said David Lawee, vice president of corporate development at the search giant.
Investors interested in grabbing a piece of the white-hot social buying sector threw more money into the space today, as shopping recommendation site ShopSocially announced $1.1 million in first round financing, and Spanish coupon site Groupalia locked down €5 million in its second institutional round of funding.
The game of musical chairs in the executive suite at Second Life parent company Linden Lab continued today, as founder Philip Rosedale, who had been serving as interim CEO since June, announced he was stepping down from the job immediately.
Mobile gamers have become obsessed with small, pudgy and vehemently Angry Birds — mostly playing a game that sends them flying into walls and watching the sparks fly. So much so that Electronic Arts has decided to acquire the game’s publisher, U.K.-based Chillingo, for a reported $20 million.
Online daily deal site LivingSocial announced today that it has acquired social adventure company Urban Escapes in a bid to give members more bang for their buck as they search for activities that fit their lifestyles without breaking the bank.
Guest Post (Editor’s note: Megan Jones is a Director at Hadley Partners. A modified version of this story appeared on the company’s blog.)
Google is now on track to acquire a new company every two weeks this year. It’s on quite the shopping spree, but for a company that made $24 billion last year alone, it might be exactly what the doctor ordered to keep up with significant competition in the smartphone and search markets.
IBM announced today that it has acquired OpenPages, which provides software to help companies isolate and manage enterprise risk elements. The price of the acquisition wasn’t disclosed.
Some companies freeze up when they’re between CEOs. But Hewlett-Packard, the world’s largest tech company by revenues, just keeps rolling along. On Monday, it announced it would buy security software maker ArcSight for $1.5 billion.
Guest Post (Editor’s note: Serial entrepreneur Steve Blank is the author of Four Steps to the Epiphany. This column originally appeared on his blog.)