Technology
NORWAY - Radiocrafts receives growth capital from Verdane Capital
Radiocrafts AS, a leading supplier of wireless radio frequency (RF) modules to the professional market for communication in the license-free frequency bands, has received growth capital from Verdane Capital. The new funding is part of the strategy to...
NL - Bridgepoint to acquire Wolters Kluwer education division
Wolters Kluwer, the Dutch publishing group, is understood to have agreed the sale of its education division to Bridgepoint Capital in a deal worth more than EUR 750m.
AUSTRIA - Holding at gamma capital partners changes its name
gamma capital partners has announced that the name of its GES gcp Enterprise Software Group GmbH has changed to Infoniqa Holding GmbH. The Infoniqa Holding GmbH is the managing and leading entity of the Infoniqa group.
UK - ProVen portfolio company to merge with Channel 4 learning
Beringea-managed ProVen VCT's portfolio company Espresso Group has agreed with Channel 4 to merge Channel 4 Learning into its portfolio of businesses. The transaction is subject to Espresso shareholder approval and is expected to complete before Easter....
SWITZERLAND - NEXThink received CHF 6m
Auriga Partners alongside Venture Incubator have invested CHF 6m in Swiss software developer NEXThink.
UK - Tudor Investment Corporation backs software start-up with £3m
Tudor Investment Corporation has invested ТЃ3m in Trampoline Systems, a London-based enterprise software start-up. Trampoline is the first European Enterprise 2.0 software developer to receive major investor backing. The investment enables Trampoline...
UK - 3i strengthens media team through appointment of Wolfgang Kitza
3i has strengthened its media sector team with the appointment of Wolfgang Kitza as venture partner with 3iтs global venture capital team. In his new role, Kitza will bring experience and contacts to help 3i increase its investment opportunities in the...
FINLAND - CapMan invests in Mirasys
CapMan has invested in software company Finnish Mirasys Ltd in return for a maximum of 42% of the fully diluted shares in the company.
SWEDEN - Northzone invests $10m in Xcerion AB
Northzone Ventures has invested $10m in Xcerion AB to launch its collaborative XML Internet OS. Xcerion aims to distribute the OS and accompanying applications free as a service over the internet.
FINLAND - Eqvitec injects EUR 2m in customer analytics solution provider
Via its fund Eqvitec Technology Fund III, The venture sponsor has invested EUR 2m in the first round of funding for Xtract, a Helsinki-based software developer.
UK - Bank of Scotland invests in Rocela Growth
Bank of Scotland Corporate has invested more than ТЃ1m in Edinburgh-based software consultancy business Rocela through its growth equity division. The new capital will be used to support overseas expansion plans.
DENMARK - Nordic Capital sells Dangaard to Brightpoint
Nordic Capital has agreed to sell wireless handset distributor Dangaard Telecom A/S to Nasdaq-listed Brightpoint Inc.
FRANCE - Neuf Cegetal buys venture-backed Erenis
French telecom business Neuf Cegetal announced today it had agreed to acquire Erenis, a telephony and internet services provider backed by Iris Capital, AGF Private Equity, Credit Agricole Private Equity, Net Partner and CDC.
UK - The Capital Fund makes two investments
The Capital Fund has completed two investments. It has provided Iconium, a corporate governance and compliance software solutions-provider based in Horsham, with expansion capital of an undisclosed value.
UK - Shackleton acquires four companies from 3i
Shackleton Ventures, the newly formed secondaries venture capital firm has agreed to purchase four investments from 3i. Shackleton was formed in July 2006 and can drawn on up to ТЃ20m of funds from its European fund-of-funds investor.
GREECE - Apax and TPG sell TIM Hellas to Naguib Sawiris
Apax Partners and Texas Pacific Group (TPG) today announced the sale of TIM Hellas Telecommunications S.A. the third largest mobile phone carrier in Greece, to Weather Investments, the vehicle owned by telecom tycoon Naguid Sawiris.
UK - Midven invests £250,000 in software company Gemba Solutions
Midven has invested ТЃ250,000 in Gemba Solutions Ltd, a provider of real time performance management software. The investment from its ТЃ20m Advantage Growth Fund gives Midven a minority holding in the company.
UK - Amadeus leads $10m funding round for Belfast-based Aepona
Existing investors Amadeus Capital Partners, Polaris Ventures and Trinity Venture Capital have participated in a $10m series-C funding round for Belfast-based Aepona. The new funding follows previous rounds in 2003 and 2005, bringing total investment...
SPAIN - Benchmark Capital Europe backs Internet business
Alongside telecom player Swisscom, private equity firm Benchmark Capital Europe is backing Whisher, a Spanish company launching the first social network powered by a Wi-Fi network.
UK - Simon Pearson becomes partner at Ernst & Young
Ernst & Young has announced the admission of Simon Pearson as an M&A partner. Person will be based in London and will continue to lead the Technology M&A practice for the firm.
GERMANY - Triangle invests in iPharro
Triangle has invested EUR 4m in iPharro Media GmbH, a spin-off from the Fraunhofer Institute for Computer Graphics located in Darmstadt. The funding will enable the company, which has developed software to identify videos much faster than in real time,...
AUSTRIA - Pontis invests EUR 2.5m in Lixto Software
Pontis Venture Partners has invested in Vienna-based software company Lixto Software GmbH. Following its EUR 2.5m investment, the venture capitalist will hold a minority stake in the company.
FRANCE - Innoven injects EUR 3m in NavX
Innoven Partenaires has invested EUR 3m in NavX, a website offering services to satellite navigation device users.
FRANCE - Iwedia raises additional EUR 4m
Software developer Iwedia has raised an additional EUR 4m in its fourth round of funding from its historical investors. CDC Entrprises Innovation, the company’s largest shareholder, was accompanied by I-Source Gestion, iXCore and Thales Corporate Venture....