News & Updates - Wednesday, December 20, 2006
Websense Pays $90M For PortAuthority And Other Fresh Deals
Investments
+ OCALA, FL Intellon has raised $18M in series C led by Samsung Ventures (ICs for powerline communications)
+MENLO PARK, CA Spock Networks has received $7M in a Series A (Search engine)
+ SAN JOSE, CA Forte Design Systems has raised an additional $5.4M in a Series D (Semiconductor design tools)
M&A
+ SAN DIEGO & PALO ALTO, CA Websense to acquire PortAuthority Technologies for $90M in cash (Leak prevention technology for the network security market)
+ SAN JOSE, CA & HALF MOON BAY, CA Cisco s acquiring Tivella. Financial terms of the deal were not disclosed. (Digital signage software)
+ SAN JOSE, CA Xyratex [Nasdaq: XRTX] to acquire the key assets of ARIO Data Networks. No financial terms were disclosed. (Bladed storage solutions and RAID controllers)
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