Too much going on. Here are the important links:
|graphic via Om|
—Latest Google gossip: Amid last week’s hoopla about Google’s new video service and Google Pack, almost lost was news that Google acquired Reqwireless based in Waterloo, Ontario.
According to a National Post article, Waterloo gets Googled, Google acquired Reqwirless last summer but was disclosed yesterday. Search Engine Watch has more details: Reqwireless develops wireless web browsers (Opera is a big player in this space) and wireless email tools. And remember, in August, Google acquired Android, another mobile phone software developer.
—What it means: For those of you interested in all these Google purchases, Om has a nice little summary of the recent acquisitions by Google, how it has spent $22.5 million three companies lately, and how it reflects a continued effort by Google to snap up small companies before the VCs get to them (a phenom we reported earlier)
—Movie reviews from Google are at http://www.google.com/reviews
—Feedster, the San Francisco blog search engine company, is getting torn up by the community it serves, the blogosphere. Yahoo blogger, Jeremy Zawodny, started the blows, with a post predicting Feedster will die by the end of this year. Comments poured in on his site, many from people agreeing that Feedster just isn’t that…
useful. Feedster Chris Redlitz responded, saying Feedster has made some changes and will survive.
—Power saving: Azuro, a Mountain View start-up that provides electronic design automation tools to reduce power consumption in digital semiconductor chips, has raised $9 million in a second round of funding, including from Benchmark, Miramar and TTP. (Via Rob)
—Wily Technology acquired: Alarm:clock has the news about Computer Associates paying $375M for Brisbane’s Wily Technology, creating a win for Dick Williams, who was founder of Quooka Sports — the boom-era company that spent all its cash “on office, satellite phones and global correspondents to cover obscure sporting events.” Alarm:clock concludes: “Now Williams has returned to his roots – boring, lucrative enterprise software – and has made a very nice return for himself and his venture backers – led by Accel Partners and Greylock.”
—Yaga continued: We reported on the purchase of Yaga last week. Indeed, this does look like a “mercy sale”. Rafat Ali, of Paid Content, complains Yaga left without paying his company $3,000 in advertising bills.
—Record quarter for buyouts: Dan Primack reports that buyout transactions during the last quarter of 2005 hit a record, at 195 deals for $59 billion.
—Ohio follies: Dan also keeps us updated with the latest screw-ups at the Ohio Bureau of Workers’ Compensation. We reported on it a few weeks ago. But since, the Bureau said it has apparently lost some important investment documents. And today, we find all kinds of mathematical errors in the documents released to the public: The “most striking” involves Carlyle Partners III, which is listed in Exhibit 9 with a net annualized IRR of -1.9 percent, when it should be a positive number.