• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

M&A

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
July 5, 2011, 2:43 PM ET

Medtronic Inc. (NYSE: MDT) has agreed to acquire Salient Surgical Technologies Inc., a Dover, N.H.-based developer of technology for sealing blood vessels and other collagen-based structures. The deal is valued at $525 million, minus a $45 million equity interest Medtronic already held based on a prior investment. Salient had raised over $105 million in VC funding from firms like Medtronic, RiverVest Venture Partners, Arnerich Massena & Associates and Piper Jaffray. www.medtronic.com

ABB has acquired Epyon Power, a Dutch provider of fast-charging solutions for electric vehicles. No financial terms were disclosed. Epyon had raised venture capital from SET Venture Partners, Chrysalix Energy VC, Lite-On, BOM and Breesaap. www.epyonpower.com

eBay Inc. (Nasdaq: EBAY) has agreed to acquire Zong, a Menlo Park, Calif.-based provider of payments through mobile carrier billing. The deal is valued at $240 million in cash. Zong had raised $27.5 million in VC funding since being spun out of EchoVox Corp. early last year, from Matrix Partners, Advent Venture Partners and Newbury Ventures. www.zong.com

Medtronic Inc. (NYSE: MDT) has agreed to acquire PEAK Surgical Inc., a Palo Alto, Calif.-based developer of energy surgical incision technology. The deal is valued at $120 million, minus a $15 million equity interest Medtronic already held based on a prior investment. PEAK had raised over $30 million in VC funding from firms like Signet Healthcare Partners, Lehman Brothers and Venrock.www.medtronic.com

 

 

Vivendi is among the possible buyers for TVN, the Polish broadcaster controlled by ITI Group, according to local press reports. ITI is looking to sell its 56% stake for approximately $1.1 billion.

THURSDAY, JULY 7

MC Software (Nasdaq: BMC) has acquired Aeroprise, a Mountain View, Calif.–based provider of mobility solutions for the enterprise. No financial terms were disclosed. www.bmc.com

Deutsche Bank has entered exclusive talks to sell private bank BHF Bank to Kleinwort Benson, in a deal that could be worth upwards of €500 million.

Keynetics has entered exclusive talks to acquire OpenTrust, a Paris–based provider of infrastructure solutions for enterprise and government clients. Keynetics backers include Gemalto, Safran Group, Caisse des Dépôts et Consignations, Euro-Information, Thierry Dassault Holding and Imprimerie Nationale. M. Thierry Dassault is Chairman of the Board. OpenTrust shareholders include Iris Capital, GemVentures, Crédit Agricole Private Equity, Elaia Ventures, Seeft Ventures and 123Venture.www.opentrust.com

Cognetas has agreed to sell auto components company KSM Castings to China’s CITIC Dicastal. No financial terms were disclosed. www.ksmcastings.com

Pfizer (NYSE: PFE) said that it exploring “strategic alternatives” for its animal health and nutrition units.www.pfizer.com

WEDNESDAY, JULY 6

Berkshire Hathaway has joined Centerbridge Capital Partners and Leucadia National Corp. on a possible bid for OneMain (f.k.a. CitiFinancial), the consumer lending group of Citigroup, according to the WSJ. www.citi.com

II-VI Inc. (Nasdaq: IIVI) has acquired Aegis Lightwave, a Woburn, Mass.-based maker of tunable optical devices for high-speed optical networks. The deal is valued at $52 million in cash. Aegis had raised VC funding from firms like Alta Partners, Megunticook Management, Technology Venture Partners and Vesbridge Partners. www.ii-vi.com

Compuware Corp. (Nasdaq: CPWR) has acquired DynaTrace Software, a Waltham, Mass.-based provider of application performance management solutions. The deal was valued at $256 million in cash. DynaTrace had raised around $17 million in VC funding from firms like Bain Capital Ventures and Bay Partners. www.compuware.com

Nippon Telegraph and Telephone Corp. (NYSE: NTT) has agreed to acquire OpSource, a Santa Clara, Calif.-based provider of software for cloud computing systems. No financial terms were disclosed. OpSource has raised around $64 million in VC funding from NTT, Fuse Capital, Crosslink Capital, Intel Capital, Key Venture Partners and Artiman Ventures.

TUESDAY, JULY 5

Energy Transfer Equity (NYSE: ETE) has raised its bid for Southern Union (NYSE: SUG) to $5.1 billion in cash and partnership units. This represents a 21% premium to its original bid, and a 4% premium to a rival offer from the Williams Cos. (NYSE: WMB).

Capgemini has acquired AIVE Group, an Italian IT service provider from Athena Private Equity, Emerald Private Equity and Fidia Private Equity. The deal valued AIVE at €42.9 million. www.capgemini.com

Apax Partners reportedly is in talks to sell foreign-exchange business Travelex to Western Union Co.for around $1 billion. www.apax.com

Olympus Corp. (Japan) has acquired Spirus Medical Inc., a Stoughton, Mass.-based maker of endoscopic insertion devices. No financial terms were disclosed. Spirus Medical had raised nearly $20 million in VC funding from BioVentures Investors, Point Judith Capital and Village Ventures.www.olympus.com

One Equity Partners has sold Vacuumschmelze GmbH & Co., a German maker of magnetic materials, to Cleveland-based specialty chemicals company OM Group Inc. (NYSE: OMG) for €700 million. One Equity Partners had paid around $529 million for the business in late 2005.

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
LawMeta
Santa Clara County is suing Meta over allegations it profited from scam advertisements that particularly targeted seniors and families
By Catherina GioinoMay 11, 2026
10 minutes ago
India’s Gen Z turned Diet Coke into a status symbol. A can shortage just made it a luxury
Asiadiet coke
India’s Gen Z turned Diet Coke into a status symbol. A can shortage just made it a luxury
By Brendan Cosgrove and Morning BrewMay 11, 2026
31 minutes ago
baby
LawParenting
Congratulations! If you named your kid Olivia or Liam, you’re officially basic
By Fatima Hussein and The Associated PressMay 11, 2026
36 minutes ago
todd
LawAntitrust
Biden’s DOJ sued a data company, accusing it of helping Big Meat fix prices. Trump’s DOJ is about to settle
By Alanna Durkin Richer and The Associated PressMay 11, 2026
41 minutes ago
bangla
EnergyIran
Iran War is more than inconvenient for Bangladesh as millions consider leaving urban life to move back to the village
By Julhas Alam and The Associated PressMay 11, 2026
46 minutes ago
aramco
EnergyMarkets
Saudia Aramco reports 25% jump in Q1 profit as Iran War reshapes oil market
By The Associated PressMay 11, 2026
51 minutes ago

Most Popular

‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
Economy
‘This is the way’: Elon Musk endorses Warren Buffett’s famed 5-minute plan to fix the national debt
By Jacqueline MunisMay 10, 2026
1 day ago
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
Tech
OpenAI CEO Sam Altman says Gen Z and millennials are using ChatGPT like a 'life advisor'—but college students might be one step ahead
By Sydney LakeMay 10, 2026
1 day ago
Red flag test: former CEO explains why he rejects job candidates who say they can start right away
Success
Red flag test: former CEO explains why he rejects job candidates who say they can start right away
By Orianna Rosa RoyleMay 9, 2026
2 days ago
'Employers are increasingly turning to degree and GPA' in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
Future of Work
'Employers are increasingly turning to degree and GPA' in hiring: Recruiters retreat from ‘talent is everywhere,’ double down on top colleges
By Jake AngeloMay 9, 2026
2 days ago
Trump thinks he's flying to Beijing with leverage. China spent 6 years making sure he doesn't have any
Commentary
Trump thinks he's flying to Beijing with leverage. China spent 6 years making sure he doesn't have any
By Steve H. HankeMay 10, 2026
1 day ago
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals 'dirty little secret'
Politics
Ted Cruz says the quiet part out loud: Trump accounts are Social Security personal accounts as GOP senator reveals 'dirty little secret'
By Jason MaMay 9, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.