McAfee Inc., a unit of Intel Corp. (Nasdaq: INTC), has agreed to acquire Stonesoft (Helsinki: SFT1V), a Finnish provider of network firewall products, at an equity value of approximately $389 million in cash. http://www.mcafee.com
Newell Rubbermaid (NYSE: NWL) said that it plans to sell its hardware and tech platform businesses, which had combined 2012 net sales of slightly more than $300 million. http://www.newellrubbermaid.com
Roland Berger, a Germany-based financial consultancy, has entered into MORE
Dan Primack - May 6, 2013 10:17 AM ET
Alibaba has yet to reveal detailed finances, but if it can time stock market, technology and China cycles, number-crunching suggests a twelve-digit valuation isn't out of the question.
By John Foley, Reuters Breakingviews
FORTUNE -- Could Alibaba be China's next $100 billion stock market listing? The Hangzhou-based e-commerce giant continues to be coy over when it will take the plunge. But sooner or later founder Jack Ma will need to offer MORE
Apr 26, 2013 10:01 AM ET
Advice for the post-IPO life.
By Glenn Solomon
FORTUNE -- When a venture-backed tech company goes public, their life becomes much tougher. Even for strong companies like Marin Software (MRIN), the key is successfully managing the shift of their shareholder base from VCs to public funds. Failure to do so can be punishing.
If you're a growth-stage entrepreneur looking to go long, you'll have a similar challenge when you go public. New analysts MORE
Apr 22, 2013 1:23 PM ET
What happens when you bring penguins to the New York Stock Exchange.
FORTUNE -- Theme park operator SeaWorld Entertainment (SEAS) began trading on the NYSE earlier today, after raising around $702 million in its IPO.
The company priced 26 million shares at $27 per share, compared to original plans to offer 20 million shares at between $24 and $27 per share. That gave it an initial market cap of around $2.5 billion, less MORE
Dan Primack - Apr 19, 2013 12:44 PM ET
VCs need to stop blaming their IPO woes on the decade-old loss of four banks. Instead, they should look in the mirror.
FORTUNE -- Ask most venture capitalists about the recent dearth of tech IPOs, and they're liable to talk despairingly about the "Four Horsemen" -- a quartet of boutique investment banks that underwrite a large number of such offerings both before and during the dotcom boom.
None of the four -- Alex.Brown, MORE
Dan Primack - Apr 5, 2013 4:19 PM ET
Toy retailer scraps $800 million stock offering.
FORTUNE -- Toys 'R' Us is still selling plenty of Elmo dolls, but it isn't planning to sell shares anytime soon.
The New Jersey-based retailer today withdrew registration for an $800 million IPO, which it had originally filed back in May 2010. A press release cites "market conditions" -- an odd choice, given that the Dow is at a record high. It also probably didn't MORE
Dan Primack - Mar 29, 2013 2:31 PM ET
Tech IPOs will return. Just have some patience.
FORTUNE -- In baseball, people get all excited about how a team begins the year. Win 15 of your first 20, and you're a shoo-in for the World Series. Lose your first few, and someone better get fired. The tech IPO market seems pretty similar.
There is no doubt that 2013 has begun slowly, with just five successful IPOs so far for VC-backed technology MORE
Dan Primack - Mar 22, 2013 3:46 PM ET
Digital ad management company to begin trading tomorrow.
FORTUNE -- Last week we wrote that if Marin Software prices its IPO in the middle of its $11-$13 per share price range, it would represent a markdown for venture capitalists who invested $55 million into the company last year. The story was accurate, but may be entirely irrelevant.
Sources tell Fortune that Marin's IPO is more than 2x oversubscribed, and that it is MORE
Dan Primack - Mar 21, 2013 2:39 PM ET
Leslie Pfrang to open New York office for Class V Group.
FORTUNE -- Leslie Pfrang is leaving Deutsche Bank in order to join IPO advisory boutique Class V Group, Fortune has learned.
Pfrang has been with Deutsche Bank (DB) for eight years, most recently as a managing director and head of technology sector sales within the firm's North American equities business. She also is a former managing director with Credit Suisse (CS), MORE
Dan Primack - Mar 18, 2013 3:46 PM ET
Digital ad company sets IPO terms below its recent venture capital valuations.
FORTUNE -- If Marin Software prices its IPO in the middle of the $11-$13 per share price range it set yesterday, the offering would represent a markdown for venture capitalists who plugged nearly $55 million into the company last year.
Marin, a San Francisco-based provider of digital ad management solutions, reports that it raised $20 million last November in a MORE
Dan Primack - Mar 12, 2013 1:14 PM ET