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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation

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Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

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Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

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China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation

M&A

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
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January 10, 2012, 4:06 PM ET
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Industrial Opportunity Partners has sold FAS Controls Inc., a Shelby, N.C.-based manufacturer of electromechanical devices, pneumatic control valves and lighting products to Kendrion NV (The Netherlands). No financial terms were disclosed. www.fascontrols.com

Navis Capital Partners
 has sold its Dunkin’ Donuts and Au Bon Pan business in Thailand to Sub Sri TPC for approximately $41.5 million. www.naviscapital.net

DataXu, a Boston-based operator of a real-time bidding platform for online display advertisers, has acquired European demand-side ad platform Mexad. No financial terms were disclosed. DataXu has raised over $17 million in VC funding from Atlas Venture, Flybridge Capital Partners and Menlo Ventures.www.dataxu.com

Intervention Energy LLC has secured $200 million in senior secured financing from EIG Global Energy Partners to finance well development costs for IE’s holdings targeting the Bakken and Three Forks formations in North Dakota and Montana. www.interventionenergy.com

Skinmedica, a Carlsbad, Calif.–based professional skin care company, has acquired Colorescience, a Dana Point, Calif.–based maker of branded mineral makeup sold through physicians’ practices and medical spas. No financial terms were disclosed. Skinmedica has raised around $150 million in VC funding from firms like Apax Partners, Domain Associates, EuclidSR Partners, HealthCare Ventures, Montagu Newhall Associates, Montreux Equity Partners, Perseus-Soros BioPharmaceutical Fund, Split Rock Partners and Windamere Venture Partners. Colorescience was backed by VMG Partners.www.skinmedica.com

OCZ Technology Group (Nasdaq: OCZ) has acquired Sanrad, a Mahwah, N.J.–based provider of flash caching and virtualization software and hardware. The deal was valued at $15 million in stock. Sanrad raised over $25 million in VC funding from firms like Foundation Capital, Sequoia Capital and RAD Group. www.sanrad.com

RTI International Metals (NYSE: RTI) has agreed to acquire Remmele Engineering for $182.5 million, including the assumption of $18 million in debt. Sellers include Goldner Hawn Johnson & Morrison.

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