The Week in Tech M&A – July 11th, 2014

By on July 11, 2014

Greetings everyone. Time for another recap of the week in tech M&A—stocks

Acquisitions

Salesforce.com has acquired RelateIQ, a hot data-focused CRM startup, for $390 million, of which $350 million is in stock.

Google continued its active 2014, picking up music streaming service Songza.

Qualcomm acquired wireless chipsets maker Wilocity for a rumored $300 million.

Expedia announced it was buying Australian online travel outfit Wotif Group for $658 million.

Techne Corporation picked up Novus Biologicals, a life-science research antibody supplier, for $60 million.

ServiceNow acquired Neebula Systems, makers of a suite of B2B virtualization and IT cloud tools, for $100 million in cash.

InvenSense has acquired Movea, a French company working in ultra-low power location, activity tracking, and context sensing.

And finally, Oculus acquired RakNet, the company behind a game-networking engine. Oculus, you’ll recall, was recently picked up by Facebook. Definitely not resting on their laurels since the acquisition, Oculus also recently acquired Carbon Design Group.

For the Entrepreneurs in the House

Rory Carroll investigates the dark side of Silicon Valley’s “fail fast, fail often” mantra.

Upside Partnership, formed by former First Round Capital investor Kent Goldman, announced a new $30M fund, and a new way for founders in its portfolio to share in the carry.

Funding

Google officially sets up a $100M venture fund in Europe.

In Internet of Things news, Altierre, maker of ultra-low power long range wireless tech, raised more than $21M in funding.

Data

Consumer tech dominates VC’s largest recent exits.

Tomasz Tunguz presents an interesting analysis of the hardware startup world, and a short study on the strength of the IPO market driving the acquisition market.

Just for fun

MindRDR can control Google Glass…by reading your thoughts.

Sergey and Larry give a rare interview, fireside-chat style, with Vinod Khosla.

How Google Map hackers can destroy a business at will.

It’s good to be an intern in Silicon Valley. No, seriously.

And Brandon Gadoci imagines a CNBC for startups.

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