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

M&A and IPOs

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
May 17, 2013, 3:14 PM ET

Yahoo is considering a acquisition offer of upwards of $1 billion for Tumblr, as first reported by AllThingsD. Tumblr has raised over $120 million in VC funding from Spark Capital, Union Square Ventures, Sequoia Capital, Greylock Partners, Insight Venture Partners, CrunchFund, The Chernin Group and DFJ Growth. www.tumblr.com

Telus Corp. (TSX: T) has agreed to acquire Mobilicity, a provider of mobile telecom solutions in Canada, for C$380 million. Quadrangle Group had owned Mobilicity, but the entire purchase price will be used to fulfill debt obligations. www.mobilicity.ca

Elan PLC (NYSE: ELN) is asking shareholders to reject a $5.7 billion takeover bid from Royalty Pharma, calling the offer “grossly inadequate.” www.elan.com

Floorplanner, a Dutch online CAD system for complex floor-plans, has acquired Mydeco3D, maker of a 3D room planner tool. No financial terms were disclosed. www.floorplanner.com

Tableau Software Inc., a Seattle-based provider of big data analytic and visualization tools, raised around $254 million in its IPO. The company priced 8.2 million shares at $31 per share (above revised $28-$30 per share range), and will trade on the NYSE under ticker symbol DATA. Goldman Sachs and Morgan Stanley served as lead underwriters. The company reports $1.6 million in net income on around $128 million in revenue for 2012, compared to $3.4 million in net income on $62 million in 2011 revenue. Tableau has raised VC funding from New Enterprise Associates (37.86% pre-IPO stake) and Meritech Capital Partners (6.41%), with NEA selling around one million shares via the IPO.www.tableausoftware.com

Marketo, a San Mateo, Calif.-based provider of revenue performance management solutions, raised around $79 million in its IPO. The company priced 6.1 million at $13 per share (high end of $11-$13 range), for an initial market cap of approximately $465 million. It will trade on the Nasdaq under ticker symbol MKTO, while Goldman Sachs and Credit Suisse served as lead underwriters. The company reports a $34 million net loss on around $58 million in revenue for 2012, compared to a $32 million net loss on $22 million in revenue for 2011. It has raised nearly $100 million in VC funding from InterWest Partners (35.5% pre-IPO stake), Storm Ventures(17.5%), Mayfield Fund (14.3%), Institutional Venture Partners (12.9%) and Battery Ventures(7.3%). www.marketo.com

PTC Therapeutics Inc., a South Plainfield, N.J.-based developer of drugs that target post-transcriptional control processes, has filed for an $85 million IPO. It plans to trade on the Nasdaq under ticker symbol PTCT, with J.P. Morgan and Credit Suisse serving as lead underwriters. The company reports a $26 million net loss on $34 million in revenue for 2012, compared to $30 million in net income on $105 million in revenue for 2011. The company has raised over $170 million in VC funding, from Credit Suisse First Boston (14.8% pre-IPO stake), HBM Healthcare Investments (12%), Vulcan Capital (9%), Brookside Capital Partners (7%), Celgene (7%), Delphi Ventures (6.3%), Novo A/S and The Column Group. www.ptcbio.com

William Lyon Homes, a Newport Beach, Calif.-based homebuilder in the Western U.S., raised $218 million in its IPO. The company priced 8.7 million Class A shares being at $25 per share (above $22-$24 range), and will trade on the NYSE under ticker symbol WLH. Credit Suisse and Citigroup served as lead underwriters. The company reports a $2.5 million Q1 2013 loss on around $80 million in revenue. www.lyonhomes.com

Kamada Ltd., an Israeli provider of plasma-derived protein therapeutics, has set its IPO terms to 5.58 million shares being offered at $10.75 per share ($369m estimated market cap). It plans to trade on the Nasdaq under ticker symbol KMDA, with Morgan Stanley and Jefferies serving as underwriters. The company already trades in Tel Aviv, and reports $260,000 in net income on around $72.6 million of revenue for 2012. www.kamada.com

UBIC
, a Japan-based provider of Asian-language ediscovery solutions and services, raised $9 million in its IPO. The company priced 1.1 million shares at $8.38 per share, and will trade on the Nasdaq under ticker symbol UBIC. Significant shareholders include Focus Systems Corp. (10.51% pre-IPO stake) and Japan Trustee Services Bank (6.02%). www.ubicna.com

Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com

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
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
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
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC.
PoliticsElon Musk
The White House snubs Elon Musk’s offer to cover TSA salaries as airport miseries hit record levels
By Eva RoytburgMarch 25, 2026
9 minutes ago
lancaster
AIschools
Two private school boys get probation for using AI to create 350 fake nudes of their classmates
By Mark Scolforo and The Associated PressMarch 25, 2026
22 minutes ago
UN
PoliticsUnited Nations
It’s time for slavery reparations, ‘the gravest crime against humanity,’ UN General Assembly says
By Edith M. Lederer and The Associated PressMarch 25, 2026
26 minutes ago
melania
PoliticsWhite House
Enter Melania Trump, escorted by humanoid robot: ‘I’m Figure 03, a humanoid built for the United States of America’
By Darlene Superville and The Associated PressMarch 25, 2026
30 minutes ago
Personal FinanceGold
How to sell gold and silver: Tax implications and what you should know
By Joseph HostetlerMarch 25, 2026
34 minutes ago
iran
Middle EastMiddle East
‘We do not plan on any negotiations’: Iran laughs at White House’s claims of cease-fire talks
By Jon Gambrell, Mike Corder, Munir Ahmed, Aamer Madhani and The Associated PressMarch 25, 2026
37 minutes ago

Most Popular

Magazine
The youngest-ever female CEO of a Fortune 500 company is fighting Trump's cuts to keep Medicaid strong
By Fortune EditorsMarch 24, 2026
2 days ago
Commentary
The Treasury just declared the U.S. insolvent. The media missed it
By Fortune EditorsMarch 23, 2026
2 days ago
Success
Palantir’s billionaire CEO says only two kinds of people will succeed in the AI era: trade workers — ‘or you’re neurodivergent’
By Fortune EditorsMarch 24, 2026
1 day ago
Energy
Nobel laureate Paul Krugman calls it 'treason': $580 million in suspicious oil futures traded minutes before Trump's Iran reversal
By Fortune EditorsMarch 24, 2026
1 day ago
Success
The job market is so bad that ‘reverse recruiters’ are charging $1,500 a month just to help people look for jobs
By Fortune EditorsMarch 25, 2026
14 hours ago
Success
JPMorgan has started monitoring the keystrokes, video calls, and meetings of its junior investment bankers—and they say it's for employee well-being
By Fortune EditorsMarch 24, 2026
1 day 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.