Vector Capital Announces Successful Completion of Cash Tender Offer for Shares of Sizmek
Sizmek Inc. (NASDAQ:SZMK) and Vector Capital today announced the successful completion of the tender offer by Solomon Merger Subsidiary, Inc., a wholly owned subsidiary of Solomon Holding, LLC and an affiliate of Vector, for all of the outstanding shares of common stock of the Company at a price of $3.90 per share.
Vector Capital Sells Gerber Technology to American Industrial Partners
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, today announced the sale of Gerber Technology, a leading provider of integrated software and automated systems for the production of flexible materials, to American Industrial Partners. Terms of the transaction were not disclosed.
Vector Capital Credit Opportunity Fund Wins Catalyst Cap Intro Award
The Vector Capital Credit Opportunity Fund was named the Cap Intro Awards Winner after its participation at the Catalyst Financial Partners capital introduction event in March 2016.
Corel Acquires MindManager
Corel today announced that it has acquired the Mindjet® MindManager® business from Spigit, expanding its product portfolio to now include the world's leading mind mapping and information visualization software, MindManager® for Windows, MindManager® for Mac, and MindManager® Enterprise.
Sizmek to be Acquired by Vector Capital
Sizmek Inc. (NASDAQ:SZMK), a global open ad management company that delivers omnichannel campaigns, today announced that it has entered into a definitive agreement with affiliates of Vector Capital, a technology-focused private equity firm, under which an affiliate of Vector will acquire all of the outstanding shares of Sizmek common stock for $3.90 per share in an all-cash tender offer.
Vector Capital Acquires Longitude Licensing, Building on Prior Acquisition of IPVALUE
Vector Capital, a technology-focused private equity firm, today announced the acquisition of Longitude Licensing, an intellectual property management company based in Dublin, Ireland. This transaction builds on Vector’s successful acquisition of IPVALUE Management Inc. in 2014.
ChyronHego Acquires Click Effects Parent Company Sound & Video Creations
ChyronHego has acquired Sound & Video Creations, maker of the ClickEffects family of products for live A/V entertainment production, including CrossFire, Blaze, BackDraft, and ProAudio. The deal unites one of the largest players in live graphics systems for sports broadcast with the market-share leader in live graphics for sports venues.
Ai Squared joins VFO, home of Freedom Scientific and Optelec
VFO, home of the Freedom Scientific and Optelec brands, announced today that it has acquired Ai Squared, a leading developer of screen magnification and screen reading software. Together, the companies offer the world’s broadest suite of assistive technology products for the visually-impaired.
Saba Adds SaaS Industry Veteran, Pervez Qureshi, as CEO
Saba, a leader in cloud-based intelligent Talent Management solutions, today announced the addition of Pervez Qureshi as CEO and member of the board of directors. Mr. Qureshi will leverage his extensive strategic and operational expertise to accelerate the company's business momentum and extend value to its customers and employees worldwide.
Allegro Recaps 2015 Accomplishments and Plans for 2016
New talent, new accounts, improved revenue, increased earnings, industry awards and a revitalized product strategy top 2015 highlights