This Week in Tech M&A – December 4, 2015
Here’s the latest in what was a busy week for tech M&A.
Yahoo is said to be considering whether to continue with its spin off of its Alibaba stake or to sell its core Internet business. Read More
Commercial real estate firm JLL (NYSE: JLL) is buying Corrigo, a cloud-based facilities management software company. Terms weren’t disclosed, but Corrigo raised $20 million from Amicus Capital, Sierra Ventures and others. Read More
Nokia has closed its EUR2.55 billion deal to sell Here, its mapping division, to a consortium of Audi, BMWand Daimler. The deal was first announced in August. Read More
Welltok, a health management firm, has acquired Silverlink, which makes a messaging tool for healthcare companies. As part of the deal, Welltok has raised $45 million from investors including Georgian Partners EDBI and Flare Capital. Read More
Rdio, the bankrupt music startup that was recently acquired by Pandora for $75 million, is laying off 123 people. Pandora says it plans to hire about 100 of them. Read More
Mobile ecommerce company Mobify is buying Donde, a location services startup. Terms weren’t disclosed. Read More
Perk.com, a mobile rewards startups, bought Corona Labs, a mobile app development platform, for $2.3 million. Read More
Atlassian has set its share price for its IPO, and could raise up to $370 million in the deal. Read More
Chip maker eASIC Corp. has dropped plans for its IPO. Read More
Overall, IPOs are tracking to raise $30 billion, the lowest level since 2009,per Renaissance Capital.
Meanwhile, these are the IPOs most likely on the horizon for 2016. Read More
Private Markets Investing:
Public market investors have marked down their stakes in Jawbone. Read More
Meanwhile, Fidelity has raised its valuations of Dropbox and Snapchat after marking down these and other late stage companies. Read More
The New Normal in Seed Funding, via WSJ.
The State of Startups, from First Round Capital. Read More
Venture investor Aileen Lee on how to look beneath the surface. Read More
Who has the right to access personal data across international borders? Read More
Venture Capital disrupts itself, says Cambridge Associates. Read More
Bill Gates, Mark Zuckerberg and others are investing in clean energy through the Breakthrough Energy Coalition. Read More
Who wrote “Iterating Grace“? Read More