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Intelsat, SES end talks to form $10bn satellite giant.
Wellington closes forth fund at $2.6bn. (FS)
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思科 , a software-defined networking, cloud, and security solutions provider, agreed to acquire Accedian is now part of Cisco , a performance analytics and end user experience solutions provider, from Bridge Growth Partners, LLC , a technology investment firm. Financial terms were not disclosed.
“We are very proud of the incredible transformation that Dion and the Accedian team has accomplished to become a global leader in network and application performance monitoring. At Bridge Growth, we strive to work closely with exceptional management teams to create lasting strategic value, with the goal to find the right home for our companies on behalf of all stakeholders. We look forward to Cisco implementing its vision to the benefit of all its customers,” Tom Manley, Bridge Growth Partners Partner.
Accedian is advised by Evercore , Stikeman Elliott LLP and Willkie Farr & Gallagher LLP (led by? Adam Turteltaub ?and?Howard Block). Bridge Growth Partners is advised by FGS Global ?(led by? Brooke Gordon ).
Bain Capital to acquire a 20% stake in IMS Nanofabrication , a high-tech company, from 英特尔 , an American multinational corporation and technology company, for $860m.?
“The advancement of lithography is critical to driving continued progress in the semiconductor industry, and mask writing plays a central role in the industry’s transition to new patterning technologies, such as high-NA EUV. Bain Capital’s investment and partnership will provide IMS with increased independence and bring strategic perspective to help accelerate the next phase of lithography technology innovation, ultimately benefitting the ecosystem as a whole,” Matt Poirier, Intel Senior Vice President.
Bain Capital is advised by Stanton (led by? Charlyn Lusk ).
Stirling Square Capital Partners , a pan-European mid-market private equity firm, agreed to acquire a majority stake in Infobric Group , a software solutions provider, from Summa Equity , a purpose-driven thematic investment firm. Financial terms were not disclosed.
“We are delighted to invest in Infobric alongside its ambitious management team who have built a software leader in the build phase of the construction value chain. We look forward to bringing our experience in the ConTech sector to support the business to accelerate its impressive growth trajectory including enabling further international growth and expanding the software offering,” Henrik Lif, Stirling Square Partner.
Stirling Square Capital Partners is advised by FGS Global ?(led by? Chris Sibbald ).
Intelsat, SES end talks to form $10bn satellite giant.
Satellite services provider Intelsat and satellite telecommunications network provider SES Satellites have ended talks on a merger that would have created a satellite giant to help fend off growing competition as the industry consolidates,?Bloomberg?reported.
Discussions on a potential combination have ceased. A transaction could have valued the combined business at more than $10bn including debt.
Wellington closes forth fund at $2.6bn. (FS)
Wellington Management held the final close of its fourth private late-stage growth strategy, Wellington Hadley Harbor IV, with $2.6bn in capital commitments and over $200m in co-investment capacity to invest alongside the fund.
The fund seeks to invest in late-stage private companies seeking capital to sustain or accelerate growth prior to a potential IPO or sale.?
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