M&A

Congrats guys and happy to say we knew you when. INRIX a leading provider of real-time traffic information and connected driving services worldwide, announced it has completed the acquisition of ParkMe, a Santa Monica, CA company that helps consumers find parking, make reservations and mobile payments worldwide. This deal makes INRIX the preferred provider of parking information and services to leading automakers, transportation agencies and drivers around the world.

The very mention of the word fundraising can illicit some powerful emotions among entrepreneurs. It’s frustrating, taxing; a full time job in itself. And those who have gone through the process, know. Fundraising is a complex dance with a distinct, dichotomous tone. On one end, entrepreneurs who have (at minimum) built something customers love and are willing to pay for, and the other hand, investors who are looking for the very companies who fit that profile.

Last week, they announced the acquisition of IBM’s x86 server business for approximately $2.3 billion. And now they’ve just shocked the world by announcing their plans to purchase Motorola Mobility from Google for about $2.91 billion.

Google has acquired smart home appliance company, Nest Labs for $3.2 billion in cash. It’s a move that will see the giant search engine retain amazing talent and potentially achieve its target of reinventing the “home of the future” using the Internet.

The World’s largest network of business brokers Sunbelt has today partnered with enterprise business transaction platform CapLinked in a move that will simplify buying and selling of businesses by brokers and franchise owners.

Yelp, the company that connects consumers with great local businesses, has acquired SeatMe, a web and iPad-app based restaurant and nightlife reservation service.

News Corp has announced it will cease publication of its standalone publication of The Daily iPad app December 15, 2012 and embed its technology and staff into the The Post.

LA based CapLinked, a cloud-based business transaction platform yesterday raised $1.6 million in a new round of financing from Peter Thiel, FF Angel, Siemer Ventures, 500 Startups, Andrej Henkler (former Bertelsmann executive), and Alexsis de Raadt-St. James (chairman of the Althea Foundation) and appointed Adam Sroka as Senior Vice President of Technology in a move to make business transactions simple and secure.

We covered ResearchGate here on TechZulu sometime back. To give you a quick refresher ResearceGate is a professional network for scientists. And they have news that they are expanding.

Email marketing and cross-channel interactive marketing saas solutions provider ExactTarget has acquired Pardot, a marketing automation provider and iGoDigital, web personalization provider in a move that will revolutionize its marketing platform.

ExactTarget ,founded in 2000 and headquartered in Indianapolis injected $95.5 million for Pardot, $85.5 million of it in cash and $10.0 million in ExactTarget common stock