Earlier in the year I started writing about startup acquisitions, and I intend to write about them every month. Few lucky Startups are exiting with money in the bag, It may not just be luck though, they have worked hard to get to that level. October 2010, has witnessed a couple of these acquisitions and you should know about it.
- Fremont-based Zenprise, a developer of enterprise mobile management software, reported on October 25th that it has acquired by Sparus Software, a developer of software for managing smartphones, card readers, scanners, and other products. Financial terms of the buy were not disclosed. Reported on Silicontap
- San Francisco-based iSkoot, the developer of mobile social networking and Skype communications software for mobile phones was aquired by Qualcomm. According to Qualcomm, its subsidiary, Qualcomm Innovation Center, Inc., the aquisition includes substantially all of the assets of iSkoot. iSkoot was backed by Charles River Ventures, Jesselson Capital, Khosla Ventures, Vision Opportunity Master Fund, and ZG Ventures.
- Overland Storage acquired the assets of MaxiScale Inc., a company whose technology enables highly scalable file serving and storage. MaxiScale makes it possible for multiple storage nodes to be managed as one large pool of storage resources to handle the quickly growing amount of data that companies need to maintain. Network Computing
- Brand protection company MarkMonitor acquired DtecNet Software, a global anti-piracy company. DtecNet brings technology and expertise in pinpointing and monitoring illegal download activity on P2P networks, blogs, video streaming sites and Usenet services. Techcrunch
- Hewlett-Packard completed its $1.5 billion acquisition of ArcSight, a security and compliance management company.
- ArcSight makes products that help businesses and government agencies monitor networks and data centers for security threats. Bizjournals
- Kabam is hoping to build the next dynamite company in social games. Kabam acquired social game developer WonderHill as part of a quest to build a powerhouse in next-generation social gaming. Venturebeat
- Global positioning device maker Trimble Navigation Ltd. bought the business of ThingMagic Inc., a Cambridge, Mass.-based developer of radio frequency identification technology. Boston.com
- Home energy management company Tendril announced acquired GroundedPower, a software company that focuses on behavioral-based engagement of consumers. Venturebeat
- Online daily deal site LivingSocial acquired social adventure company Urban Escapes in a bid to give members more bang for their buck as they search for activities that fit their lifestyles. Venturebeat
- GE acquired Opal Software, a move that expands the company’s smart grid portfolio. Australia-based Opal supplies software and data migration capabilities to utilities. Venturebeat