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Page 513

Wanxiang takes out GreatPoint

Wanxiang will join the board of directors of GreatPoint, which won the Global Corporate Venturing award for investment of the year when Wanxiang made its original investment at the start of the year.

May 27, 2012

Advanced Electron Beams flickers

Advanced Electron Beams (AEB) is reportedly winding down operations, after having raised more than $50m in three rounds from a consortium including GE Energy Financial Services, part of US-listed industrials group General Electric, according to news provider Fortune.

May 27, 2012

Weplay pigs out with Fastpoint

The sale provides an exit for Fastpoint's (formerly known as RotoHog.com) backers.

May 27, 2012

Augere calls up buyers

Harbinger acquired a quarter of Augere in late 2009 for $50m.

May 26, 2012

Vitrue makes exit to Oracle

Vitrue had raised about $33m, including 17m in its series C round in February last year from a consortium including cable group Comcast's corporate venturing unit.

May 26, 2012

Silicon Labs lights up with Ember

Chevron and STMicroelectronics exit Ember to peer.

May 26, 2012

IP Wireless sells to General Dynamis

The wireless communications company had been reportedly backed in a $15.5m round by defence companies Lockheed Martin and Northrop Grumman in 2009.

May 23, 2012

Rib-x postpones IPO after slashing price

The antibiotics developer backed by SR One and MedImmune Ventures postponed its initial public offering a day after it halved the planned price of its float earlier this month.

May 23, 2012

Soltecture files for insolvency

Soltecture, previously backed by corporates including Intel's corporate venturing unit, Vattenfall Europe and GDF Suez, said it had "extensively explored new financing options".

May 21, 2012

2012 Exit and IPO of the Year: Amobee

Amobee advertises its level playing field.

May 13, 2012
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