Technology
FRANCE - ABN AMRO Capital France acquires majority of NextiraOne
ABN AMRO Capital France has signed an agreement to buy the majority of NextiraOne and the management and Indigo Capital will take minority shareholdings.
FRANCE - Spef Venture sells 3D animation software company Eovia
Spef Venture has agreed to sell Eovia to Californian 3D animation company DAZ Productions for an undisclosed sum.
UK - Ariadne Capital appoints John O'Connell as chairman
Investment and advisory firm Ariadne Capital has appointed John OтConnell, the founder of software company Staffware Plc, as its new chairman.
SPAIN - Adara and MCI invest EUR 2.5m in Polymita Technologies
Polymita Technologies, a Spanish software provider of business process management (BPM), portals and enterprise content management platforms (ECM), has announced a €2.5m joint investment in the organisation made by venture capital companies Adara Ventures...
DENMARK - Nangate secures $10m funding
Nangate has raised $10m in series-A financing from a consortium of investors, including Vaekstfonden, IVS and SEED Capital.
AUSTRIA - The Carlyle Group acquires UC4 Software
Financial investors PONTIS Venture Partners and Capexit have exited their joint 21% stake in UC4 Software GmbH. The electronic job scheduling specialist was sold to The Carlyle Group in a joint replacement capital and MBO transaction. The founding manager,...
SWEDEN - Mobeon receives $13m from BrainHeart Capital and AP6
Mobeon, the mobile messaging software specialist, has secured approximately $13m from BrainHeart Capital and AP6.
NORWAY - HgCapital announces intention to take Visma private
Engel Holding AS, owned by funds managed by HgCapital, has decided to make a recommended public voluntary cash offer for all outstanding shares in Norwegian Visma ASA. The offer price, which is NOK 135 per share, values Visma at NOK 4.32bn.
GERMANY - 3i floats Magix
3i has successfully backed the floatation of international multimedia software provider MAGIX AG. The company listed on the Frankfurt Stock Exchange on 6 April. The offering was 13.2 times oversubscribed and left 3i with an 11.2% stake in the company...
UK - Matrix backs MBO of VSI Ltd
VSI Ltd, a group specialising in developing and marketing 3D software, has been sold by its founder shareholders to the management team in a ТЃ6m MBO. Matrix Private Equity Partners invested ТЃ1.9m with the remaining funds comprising cash and roll-over...
UK - Workplace health and safety innovator wins investment from The Capital Fund
Optima Diagnostics, the fast-growing supplier of user-friendly web-based health and safety management tools, has attracted ТЃ275,000 of funding, in a round led by The Capital Fund, a ТЃ50m venture capital fund that invests in fast-growth companies in...
UK - Montagu Private Equity acquires Misys General Insurance for £182m
Montagu Private Equity has signed an agreement to acquire Misys General Insurance for ТЃ182m. MGI is a wholly-owned subsidiary of Misys Plc, a global business providing specialised software applications to the healthcare and banking industries. Final...
FRANCE – Cinven set for UPC France mega-deal
Cinven has signed a letter of agreement with US-based cable operator Liberty Global to purchase UPC France for EUR 1.25bn. The deal is still in its very early stage, but Cinven is expected to pay a full 11.4 times UPC France’s 2005 operating cashflow,...
FINLAND - CapMan strengthens adviser network
CapMan has announced that Jesper Jarlbæk, Dr JT Bergqvist and Esko Mäkeläinen have been invited to join CapMan as industrial advisers as of March 2006.
FINLAND - Nexit sells Hybrid Graphics to Nvidia
Nexit Ventures, a venture capital firm focused on mobile technologies and services, has agreed to sell its share of Finland-based graphics technology provider Hybrid Graphics to US-based 3D technology company Nvidia Corporation.
UK - Edinburgh Robotics wins new funding
Edinburgh Robotics Ltd has secured an equity investment led by Braveheart Ventures Ltd. The investment was completed via the SMART Equity Scheme which is designed to help spin-out companies, by providing matched funding to recipients of the Scottish Executiveтs...
UK - a2e and The Capital Fund back data management MBO
Quadrate, a leading data management software company and creator of innovative solutions that enable businesses to rapidly migrate data to and from SAP, facilitating efficient data management and reporting, has completed an MBO. Funding was raised from...
FRANCE - Amboise Investissement to float
Amboise Investissement has announced the filing, on 24 February 2006, of its reference prospectus with AMF, the French financial markets authority (Autorité des Marchés Financiers).
FRANCE - Eyeka announces $5m Series-A round
Eyeka, a provider of mobile video and image service applications, announced today that it has completed a $5m Series-A round. Ventech Capital, based in Paris, invested $3.2m and DN Capital, based in London, provided $1.8m. This marks the second partnership...
SWEDEN - ZealCore secures SEK 12m in growth funding
Industrifonden, KTH Seed Capital and SEB Företagsinvest have invested SEK 12m in ZealCore Embedded Solutions AB.
FRANCE - Iwedia raises EUR 2.7m from VC syndicate
Software specialist Iwedia Technologies has secured EUR 2.7m from an investors group including CDC Entrepreises Innovation, I-Source Gestion, iXCore and Thales Corporate Ventures.
GERMANY - BayTech leads EUR 3.8m funding of abaXX
BayTech Venture Capital, the German early-stage venture capital firm, has led a EUR 3.8m funding round in financial services firm abaXX, a Stuttgart-based provider of business process management software for financial institutions.
GERMANY - Granville Baird sells Apptimum to Microsoft
Granville Baird has announced that it has sold its interest in software firm Apptimum Inc to Microsoft for an undisclosed sum.
AUSTRIA - Carlyle to buy UC4 Software
According to press reports Carlyle Group has agreed to buy a majority stake in UC4 Software from Capexit and and PONTIS Venture, which acquired an interest in the firm in 2004.