Term Sheet

The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley

M&A

October 10, 2012: 11:01 AM ET

BAE Systems (LSE: BAE) and EADS NV (parent of Airbus) today said that they have ended merger talks, after failing to win government support. The deal would have created a European aerospace and defense giant worth nearly $50 billion.

Accenture (NYSE: ACN) has acquired Octagon Research Solutions, a Wayne, Penn.-based provider of regulatory and clinical solutions for drug developers. No financial terms were disclosed. Octagon had raised VC funding from Edison Venture Fund, Milestone Venture Partners, NextStage Capital, Phoenix Life Insurance, Ticonderoga Capital and Zurich Insurance Group. www.accenture.com

The Riverside Company has sold Coeur Holding Co. to Illinois Tool Works (NYSE: ITW). No financial terms were disclosed. Coeur is a Lebanon, Tenn.-based maker of disposable products used in diagnostic imaging and other medical procedures. www.riversidecompany.com

Rapid7, a Boston-based provider of security risk intelligence solutions, has acquired Mobilisafe, a Seattle-based provider of mobile risk management solutions. No financial terms were disclosed. Rapid7 has raised nearly $60 million in VC funding from Bain Capital Ventures and Technology Crossover Ventures. Mobilisafe had been seeded by Madrona Venture Group and Trilogy Equity Partners. www.rapid7.com

Penske Media Corp. and hedge fund Third Point have agreed to acquire entertainment trade publicationVariety for $25 million from Reed Elsevier (LSE: REL). www.variety.com

Twitter
 has acquired Vine, a video-sharing platform that never actually launched. No financial terms were disclosed. www.twitter.com

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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