
Canada-based corporate venture-backed BlackBerry Partners Fund and phone maker Research In Motion (RIM) have doubled the prize for its annual Blackberry Developer Challenge to $3m, while one of its fund managers has exited Tungle.
SuccessFactors to buy Plateau Software for $290m and give an exit to consortium including GlaxoSmithKline-backed EuclidSR Partners.
US-based cable company Comcast's Peacock Equity corporate venturing fund will sell its holdings to US-based growth equity investors Summit Partners and TA Associates, whose $350m funding in Bigpoint is the second-largest investment in an online gaming company.
Momentive plans to raise up to $862.5m in its initial public offering, according to its regulatory filing. Apollo owns 89.5% of Momentive, with GE Capital Equity Investments, a subsidiary of General Electric, holding 8.9%.
Investment bank Montgomery advised Greystripe on its $70m exit to ValueClick, a Nasdaq-listed online marketing services provider.
Goldman Sachs, Citigroup and Deutsche Bank are serving as co-lead underwriters for US-based solar power tower developer BrightSource Energy's flotation, although their peer Morgan Stanley, which owns 10.5% of its portfolio company.
Impinj, a US-based provider of radio-frequency identification (RFID) tags, filed for a $100m initial public offering (IPO) while Phoenix New Media, the digital media arm of Phoenix Satellite Television, plans to raise double that.
21Vianet had planned to raise $158.7m by issuing 11.5 million American depositary shares (ADSs), each representing six class A ordinary shares, according to its regulatory filing. Instead, it priced 13 million ADSs at $15 each and closed its first day of trading up 25%.
Japan-based social network provider Gree buys OpenFeint for $104m and commits to an Android fund.