Switchcraft will be acquired by HEICO Corporation’s Electronic Technologies Group. Terms of the deal were not disclosed. Switchcraft is owned by Cortec Group. www.heico.com
THURSDAY, OCTOBER 20
BNI Video, the Boxborough, MA-based video products maker, will be acquired by Cisco for $99 million in cash and retention-based incentives. The acquisition should help bolster the capabilities of Cisco’s Videoscape TV platform, which allows service providers to deliver videos to any device over any IP network. www.cisco.com
Bank of Nova Scotia is acquiring a majority stake in Colombia’s Banco Colpatria, Reuters reports. Scotiabank will pay $500 million and issue 10 million shares.
Quicksilver Resources, the Fort Worth, TX-based natural gas company, is creating a master limited partnership with a portion of its Barnett Shale assets in an effort to improve its balance sheet. The company plans to use proceeds from the deal to retire Quicksilver debt. It has about $940 million of public debt that is callable between now and the end of 2012. www.qrinc.com
Federated Media Publishing and its Lijit Networks will provide advertising representation rights to WordPress.com, which is owned by the online publishing company Automattic to. www.federatedmedia.net
ICV Partners, a private investment firm focused on investments in smaller middle market companies, has completed a dividend recapitalization of Marshall Retail Group, an independent operator of specialty retail stores in the casino resort marketplace. The proceeds from the transaction were used to pay a one-time dividend to shareholders and to refinance the company’s existing debt. The recapitalization was funded through a credit facility underwritten by Golub Capital. www.icvcapital.com
Clarion Partners, a real estate investment manager, has acquired a 756,340 square foot industrial property in the Inland Empire East market of Southern California for $46.6 million. www.clarionpartners.com
WEDNESDAY, OCTOBER 19
Nomura Holdings is pushing deeper into the mainland Chinese market. The Japanese brokerage firm is going to buy GE Capital‘s finance business in China, according to the Wall Street Journal . The report also says that Nomura is looking to partner with a securities firm so that it can underwrite stock and bond transactions in China. The move also shows that General Electric is still whittling down its massive finance division, which has long been a major source of profits for the company.
Endeca Technologies, a Cambridge, MA-based data management and analytics company, will be acquired by Oracle. Terms of the deal were not disclosed. Endeca is has raised $69.1 million in venture funding, “>reports the Wall Street Journal. www.oracle.com
FLOW thru LOGIC, a company that bridges the gap between old telecom systems and cloud computing applications, was acquired by GlobalOne, a company that provides and integrates software as a service and enterprise cloud computing solutions. FLOW thru LOGIC received venture capital firm Columbia Capital in August. http://globalone.com
Fromdistance, a mobile device management company, has been acquired by Numara Software. Terms of the deal were not disclosed. www.numarasoftware.com
Pallas Athena, a Netherlands-based maker of BPM software, has been acquired by Lexmark International in a cash transaction valued at approximately $50.2 million. Upon completion of the transaction, the Dutch company will become a part of Perceptive Software, a stand-alone business unit within Lexmark. www.lexmark.com
SABMiller, the global brewing giant, has formed a strategic alliance with Turkey’s Anadolu Efes. www.sabmiller.com
Par Pharmaceutical has acquired rights to three products from Teva Pharmaceuticals in connection with Teva’s acquisition of Cephalon. www.parpharm.com
TUESDAY, OCTOBER 18
Cargill has agreed to sell its Flavor Systems business to Kerry Group for $230 million. www.cargill.com
Apax Partners is in talks to sell Hit Entertainment, the British owner of Thomas the Tank Engine, for nearly $790 million to Mattel Inc. www.apax.com
HTC, the Taiwanese smartphone maker, has agreed to acquire Inquisitive Minds, a Mountain View, Calif.-based online learning platform for young children. The deal is valued at $13 million. Inquisitive Minds has raised venture capital funding from Harrison Metal. www.zoodles.com
PolyCom (Nasdaq: PLCM) has acquired ViVu Inc. , a Cupertino, Calif.-based provider of video collaboration software. No financial terms were disclosed. ViVu had raised a small amount of VC funding from Inventus Capital, Draper Fisher Jurvetson, Advanced Micro Devices and Quest Ventures.www.polycom.com
MONDAY, OCTOBER 17
G4S (LSE: GFS) has agreed to buy Danish security services provider ISS for approximately $8.2 billion (including assumed debt), from owners EQT Partners and Goldman Sachs Capital Partners. ISS earlier this year canceled plans for an IPO, which had been designed to raise around $2.5 billion.www.g4s.com
Kinder Morgan (NYSE: KMI) yesterday said that it will buy oil and gas pipeline company El Paso Corp.(NYSE: EPB) for $38 billion (including assumed debt). It is the second-largest acquisition announced in 2011, behind only AT&T’s proposed $39 billion purchase of T-Mobile. Read more
Arcadis, a listed Dutch engineering consulting firm, has agreed to acquire London-based EC Harris. No financial terms were disclosed. www.arcadis.com
BHP Billiton is considering a GBP 2 billion acquisition offer for Brazilian mining company Ferrous Resources, according to The Sunday Times.
Satoil ASA (NYSE: STO), a Norwegian energy company, has offered to acquire Austin, Texas-based Brigham Exploration Co. (Nasdaq: BEXP). for $4.4 billion. The $36.50 per share offer represents a 20.22% premium over Friday’s closing price. www.statoil.com
Shanda Interactive (Nasdaq: SNDA), a China-based interactive media company, has received a $2.33 billion buyout offer led by CEO Tianqiao Chen. The $41.35 per American Depository Share offer represents a 23.5% premium over Friday’s closing price. Chen and his family currently control more than 68% of the company. www.snda.com
Archer Capital has agreed to sell Australian sports retailer Rebel Group to Super Retail Group for A$610 million. Rebel last year canceled a proposed IPO.
Vision Capital has agreed to tell Terphane, a maker of speciality polyester films with operations in Brazil and North America, to Tredegar Corp. (NYSE: TG). The deal is valued at $188 million. www.visioncapital.com
