M&A

May 4, 2012, 5:58 PM UTC

GeoEye Inc. (Nasdaq: GEOY) has offered to acquire rival satellite imaging company DigitalGlobe (NYSE: CGI) for $792 million in cash. The $17 per share bid represents a 26% premium to Thursday’s closing price for DigitalGlobe shares. www.geoeye.com

Advent International has agreed to sell Stokomani, a French discount wholesaler of end-of-line products, to Sagard and Stokomani president Jean-Jacques Namani. No financial terms were disclosed. www.adventinternational.com

Abbott Laboratories (NYSE: ABT) has agreed to acquire Action Pharma AS, a Danish drug developer whose lead product is designed to prevent acute kidney injury associated with major cardiac surgery. The deal is valued at $110 million in cash. Action Pharma has raised over $35 million in VC funding from firms like Sunstone Capital, Global Life Science Ventures, SLS Invest and InnovationsKapital. www.actionpharma.com

Bright Food Group Co. of China has agreed to acquire a 60% stake in British cereal maker Weetabix from Lion Capital, at an enterprise value of £1.2 billion (including debt). www.weetabix.co.uk

Cisco Systems has agreed to acquire Truviso Inc., a Foster City, Calif.-based provider of real-time network data analysis and reporting software. No financial terms were disclosed. Truviso has raised $3 million in VC funding from Diamondhead Ventures, Onset Ventures and UPS Strategic Enterprise Fund. www.cisco.com

Discovery Communications (Nasdaq: DISCA) has agreed to acquire Revision3, a San Francisco-based provider of online video content about niche subjects. No financial terms were disclosed. Revision3 has raised around $9 million in VC funding from Greylock Partners. www.revision3.com

LinkedIn (NYSE: LNKD) has agreed to acquire SlideShare, a San Francisco–based professional content sharing community. The deal is valued at approximately $118.75 million, which is broken down 45/55 between cash and stock. SlideShare has raised just around $3 million in VC funding, from Venrock and individual angels. www.slideshare.com

Sun Capital Partners has sold Fluid Routing Systems, a provider of fuel management systems and hose extrusion products for OEMs in the automotive and industrial sectors, to Park-Ohio Holdings Corp. (Nasdaq: PKOH). www.suncappart.com

Want deal news in your inbox each morning? Get Term Sheet!