As funding and exits in the ad-tech sector has become harder to secure, two high-profile figures have joined forces to launch a venture capital fund with an aim to accelerate the next generation of digital advertising businesses.
Source: General Dynamics
FALLS CHURCH, Va.,( Aug. 28, 2012) PRNewswire — General Dynamics (NYSE:GD) has completed its previously announced purchase od Fidelis Security Systems, Inc., a market leader in cyber security tools that provide real-time network visibility, analysis and control. It will become part of General Dynamics Advanced Information Systems, a business unit of General Dynamics. The value of the cash transaction has not been disclosed.
Vantage Media Nearly Triples Revenue in Two Years, Launches Mobile Pay-Per-Click Marketplace08/24/12
Source: Vantage Media
EL SEGUNDO, CA (August 24, 2012) – Vantage Media, a leading online customer acquisition company, today announced that its revenue has nearly tripled in two years. Inc. Magazine acknowledged this growth when it recognized Vantage Media’s Insurance brand, BrokersWeb, as the #1 fastest growing U.S. private company in Insurance – and a top 50 fastest growing business overall for the second year in a row. Vantage Media’s growth is driven by investment in its products, optimization of the online experience for consumers, and focus on increasing its clients’ return on advertising spend.
Adaptive Computing Signs Agreement with IQT to Develop Cloud Computing Operating System with Moab08/22/12
Source: Adaptive Computing, Inc.
PROVO, Utah (August 22, 2012) — Adaptive Computing, the largest provider of private cloud management and High-Performance Computing (HPC) workload management software, today announced a strategic partnership and technology development agreement with In-Q-Tel (IQT) to create a cloud operating system by integrating Moab Cloud Suite and an open source private cloud platform. By integrating best-of-breed components, Adaptive will enable broader applicability of private clouds within the Intelligence Community as well as in the commercial market.
Source: SourceWire News Distribution
London, UK (August 13, 2012) – Crossbeam Systems, the provider of next-generation security platforms for high-performance networks, today announced the results of IDC’s Worldwide Quarterly Security Appliance tracker, which revealed the market for dedicated hardware-based network threat solutions is continuing to grow rapidly. According to IDC’s Worldwide Quarterly Security Appliance Tracker, UTM product revenue increased 20.1% in the last year to $2.1 billion. By comparison, the rest of the nnetwork security appliance market grew at only 5% to $4 billion(1).
Silver Lake Sumeru and Velocity Technology Solutions Partner to Advance Leadership in Cloud Application Service08/08/12
Source: MarketWatch, Inc.
NEW YORK, NY (August 8, 2012) – Velocity Technology Solutions, Inc. (“Velocity” or the “Company”), the ERP in the cloud company, today announced the completion of its acquisition by a Silver Lake Sumeru-led investor group and Velocity management.
Source: Business Wire
Montreal, Canada (July 12, 2012) – Vantrix, the global leader of mobile video mediation, video optimization and delivery solutions, today announced the appointment of Jim Knapik as Vantrix’s CEO, effective on July 9, 2012. Jim brings more than 20 years of relevant industry experience to this and he replaces Allan Benchetrit, who now holds the role of President.
New York, NY & Cincinnati, OH (June 8, 2012) – Permira today announced that a holding company owned by the Permira funds has entered into an agreement to acquire Intelligrated, a leading North American-based provider of automated material handling solutions, services and products, in a transaction at a valuation in excess of $500 million. Intelligrated’s management, led by founders Chris Cole and Jim McCarthy, will maintain a significant stake in the company as part of the transaction and will continue to lead the company.
MANCHESTER, NH ( May 17, 2012)— Single Digits, Inc, a leading, global provider of High Speed Internet Access solutions, today announced the receipt of $10 million in funding from Boston-based Spring Lake Equity Partners, the private equity arm of Tudor Investment Corporation. The new funding will be utilized to support the company’s rapid growth and product development for ensuring laptops, smartphones, tablets and other WiFi-enabled devices, are securely connected to the Internet and managed/supported vis-à-vis traditional IT infrastructures and new cloud-based services and applications.
BARCELONA, SPAIN– Mobile World Congress (February 28, 2012) – Vantrix, the global leader of mobile video mediation, video optimization and delivery solutions, today announced that its video mediation platform Mediadvance has been selected by Bell, Canada’s largest communications company. Under the agreement, Vantrix will provide mobile video analysis and optimization for Bell Mobility’s broadband mobile network.
Vantage Media and BrokersWeb Combine to Create Multi-Vertical Leader in Online Customer Acquisition09/26/11
Vantage Media, LLC, a technology-driven vertical performance marketing company, and BrokersWeb, Inc., the fastest growing leader in pay-per-click (PPC) advertising in the Insurance vertical, announced today that the companies have completed a merger to create one of the world’s largest online performance marketing companies. The combined entity will focus on delivering new customers, via clicks and leads, to clients in the Education, Insurance and Moving verticals.