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January 18, 2007

VC-backed Ascio Acquired For €28M And Other Fresh Euro Deals

Invesments

+FRANCE Neolane Raised €5M (emarketing SaaS )
+ DENMARK Asetek Has Raised €4M Less Than A Year Since It Closed A €5M Deal (chip cooling systems)
+ US/ LUXEMBOURG Mangraove Capital Euro VC famous for backing Skype has taken a stake in teen-oriented Piczo (they're doing US deals now?)
+ GERMANY Berlin-based BusinessGlue has raised an undisclosed amount first round capital (Enterprise SOA For Large-Sized Orgs)
+GERMANY Amiando has raised seed financing (online invitation management and search)


M&A
+ UK Domain name and hosting company Group NBT acquires Ascio for £18.3M (about €27.8M) in cash,shares, and options Its backers include Nordic Venture Partners and Vaekstfonden (domain name services )

Posted on January 18, 2007 05:08 PM | Posted to News And Updates | Permalink

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