This Week in Tech M&A–January 9, 2015

By on January 9, 2015

firework-17395_640It’s the first full week of the new year, which means it’s time for this week’s roundup of Tech M&A.

Exits

Facebook acquired Y Combinator startup wit.ai for its voice interface technology. Facebook also picked up QuickFire Networks, which reduces online video file sizes and upload speeds. Terms weren’t disclosed.

Video streaming company NeuLion is buying video compression outfit DivX for $62.5 million.

Gilead Sciences is paying $470 million for German liver disease drug outfit Phenex Pharmaceuticals.

Indian messaging app Hike is buying Y Combinator startup Zip Phone.

Aveva acquired Ireland-based 8over8 for EUR34.4 million.

Dun & Bradstreet has snapped up NetProspex, which helps manage professional contacts, for $125 million.

Lexmark International is buying medical imaging company Claron Technology for $37 million.

IPOs

Initial public offerings remained hot in Q4 2014, with the seventh straight quarter of more than 20 IPOs.

Box says it plans to raised up to $187 million in its IPO, after previously delaying its listing.

Big data IPOs are expected to be continue to stay hot in 2015. In December, New Relic and Hortonworks went public. This year, Dropbox, Palantir, Cloudera and Pure Storage are IPO candidates.

Data Points

The M&A market remained hot in Q4 2014, with the second-largest quarter for VC-backed M&A since 1994.

Hot Reads

500 Startups has raised $50 million of its $100 million target for its third fund. Dave McClure also includes IRR data about his first two funds.

Fred Wilson’s predictions for 2015.

Tomasz Tunguz analyzes the LinkedIn S-1 and its path to growth.

First Round Review looks at how to scale your sales.

Photo credit: CCO Public Domain / Pixabay

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