Mergers & acquisitions

January 16, 2013, 8:22 PM UTC

ConocoPhillips (NYSE: COP) has agreed to sell its Cedar Creek Anticline oilfield properties in Montana and North Dakota to Denbury Resources Inc. (NYSE: DNR) for $1.05 billion., a Waltham, Mass.-based online care marketplace, has acquired Parents in a Pinch, a Brookline, Mass.-based company that connects people with backup emergency childcare or adultcare. No financial terms were disclosed. has raised $111 million in VC funding from Matrix Partners, Institutional Venture Partners, New Enterprise Associates and Trinity Ventures.

Symantec Corp. (NYSE: SYMC) has put its Altiris Inc. business on the block, according to Dow Jones. Symantec paid around $830 million in 2007 to acquire Altiris, which makes service-oriented management software.

Advent International has sold its remaining 13% stake in Swiss airport retailer Dufry (SWX: DUFN) for approximately $477 million. Morgan Stanley served as sole bookrunner.

Cox Enterprises has formed a $250 million fund to invest directly and exclusively in companies created by Tripp Rackley, an Atlanta entrepreneur whose past ventures have included nFront (bought by Intuit) and Firethorn (acquired by Qualcomm). The fund’s first deal is for Experience, a Rackley-founded startup that helps users upgrade their seats from their mobile device at games or live events.

YuMe Inc., a Redwood City, Calif.-based operating system for Internet-enabled televisions, has acquired Crowd Science, a San Jose, Calif.-based provider of audience targeting technologies. No financial terms were disclosed. YuMe has raised over $70 million in VC funding from firms like Accel Partners, Khosla Ventures, DAG Ventures, Menlo Ventures, Samsung Group and Translink Capital. Crowd Science backers included Granite Capital.