News & Updates - Friday, July 28, 2006
Powerline ISP Current Communications Raises $130M More And Other Fresh Deals
Investments
GERMANTOWN, MD Current Communications Has Raised $130M in new VC funding With New backers Earthlink and GE Equity. (Broadband Over Power Line)
SAN JOSE, CA SS8 Networks Has Secured $5M of a $15M Series D - It Had Raised $106M (Unified Communications Platforms)
CAMPBELL, CA Santa Cruz Networks Has Secured $4.36M of a $7.78M Series B round at a pre-money valuation of $8 million. (Internet-based Video Conferencing)
SUNNYVALE, CA Woven Systems Has Secured $10M of an $11.5M Series A (10 Gigabit Ethernet Switching)
FREMONT, CA Accept Software Has Raised $4.25M (Enterprise Product Planning)
SAN DIEGO, CA Ameranth Has Secured $3M of a $6M Series D (Wireless/Internet For Hospitals)
M&A
LITTLETON, CO Time Warner Telecon [Nasdaq: TWTC] To Acquire Xspedius Communications For $531.5M(Telecommunications Services to Businesses)
LINDON, UT Digi International [Nasdaq: DGII] Has Acquired MaxStream For $38.5M. MaxStream Raised $1M in VC (Embedded Wireless Connectivity)
MILPITAS, CA Agilent Technologies [NYSE: A] To Acquire Xpedion Design Systems. No financial terms were disclosed. Xpedion has raised around $30M (Wireless RFIC Simulation/Verification)
HERNDON, VA & MANHATTEN BEACH, CA Deltek Has Acquired C/S Solutions. No financial terms were disclosed. (Business Intelligence Tools)
HILLSBORO, OR RadiSys [Nasdaq: RSYS] To Acquire Convedia For $105M Plus $10M Earn-out. Convedia Has $20M Run-rate. (IP Media Processing Technologies/Media Server)
WASHINGTON, DC ICx Technologies Has Acquired Griffin Analytical Technologies (Chemical Sensors)
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