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Page 443

Intel Indian companies merge

Intel Capital-backed India-based travel company Yatra has reportedly acquired BuzzInTown, an Indian events listings business also backed by the US chipmaker's corporate venturing unit.

Jan 9, 2012

Tata exits Neela

Praj will buy 50.2% of Neela for R64 crore from Tata, stock market investor Rakesh Jhunjhunwala and the Norwegian sovereign wealth fund, according to news provider VC Circle.

Jan 8, 2012

Yum enjoys rest of tasty Little Sheep

Yum had previously taken a minority stake in Little Sheep from private equity firm 3i.

Jan 8, 2012

MindSpeed accelerates growth with PicoChip purchase

PicoChip, a semiconductor technology firm backed by Intel, AT&T and Samsung, has been acquired by semiconductor corporation Mindspeed Technologies for more than $50m.

Jan 8, 2012

Renewable Energy eyes $100m IPO

Corporate-backed biodiesel producer and supplier the Renewable Energy Group sets the range of its IPO, and looks to raise as much as $100m.

Jan 6, 2012

Prize Petroleum gushes for ICICI, HDFC

The two corporates sell their stakes in the oil and gas exploration company to their fellow investor Hindustan Petroleum Corporation after setting up the company in 1998.

Jan 5, 2012

VelQuest secures $35m exit

Accelrys buys the medical software company previously backed by General Electric and other venture investors

Jan 5, 2012

Unilever exits Rahu

Rahu was founded in early 2006 as a spin-out from Anglo-Dutch consumer goods maker Unilever's Ventures unit that incubates ideas and takes minority equity stakes in UK entrepreneurs and managed by co-founders Paul Smith and Dermott Hill.

Jan 5, 2012

Beyond Oblivion enters the void

The music company backed by News Corporation, Intertrust Technologies, the Wellcome Trust and Allen & Co. is reportedly winding down, despite announcing it had raised $77m last year.

Jan 4, 2012

Riverbed looks to Expand

Expand Networks, which went into receivership in October, is set to be acquired by its network optimisation rival Riverbed Technology for a reported $10m.

Dec 30, 2011

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