Trulia buying Market Leader for $355 million.
FORTUNE -- Online real estate listing platform Trulia (TRLA) today announced plans to acquire Market Leader (LEDR) for approximately $355 million. For those not familiar with Market Leader, it is a Kirkland, Wash.-based provider of customer relationship management software for the real estate industry, with big broker clients like Century 21.
The purchase would be at an implied value of $11.33 per Market Leader share (18% MORE
Dan Primack - May 8, 2013 10:35 AM ET
Baidu (Nasdaq: BIDU) has agreed to acquire the online video business of China's PPStream Inc. for $370 million. www.baidu.com
Goldman Sachs has invested $110 million into DEN Networks Ltd., a listed Indian cable television distribution company. www.digitelly.in
Hertz Global Holdings (NYSE: HTZ) said that its three private equity sponsors – The Carlyle Group,Clayton Dubilier & Rice and Merrill Lynch Global Private Equity – have sold their remaining 49.8 million shares in the car rental company for $1.24 billion in proceeds. The firms originally acquired Hertz MORE
Dan Primack - May 7, 2013 10:49 AM ET
Twitter hired a Morgan Stanley banker, but it's more about M&A than IPO.
FORTUNE -- Twitter revved up IPO rumors last week, by announcing that it had hired Morgan Stanley banker Cynthia Gaylor as head of corporate development. But there may be less here than meets the eye.
To be sure, the speculation is understandable. Gaylor worked on numerous tech transactions during her seven years at Morgan Stanley (MS), including the Facebook's (FB) initial public MORE
Dan Primack - May 6, 2013 1:04 PM ET
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
Diamond Castle Partners has completed its previously-announced sale of Managed Health Care Associates Inc., a Florham Park, N.J.-based provider of services and solutions for alternate site healthcare providers, to Roper Industries Inc. (NYSE: ROP). The deal was valued at approximately $1 billion in cash. www.mhainc.com
Forstmann Little & Co. has hired Morgan Stanley and Evercore Partners to find a buyer for talent agency IMG Worldwide Inc., according to Bloomberg. The deal is expected to be worth upwards of MORE
Dan Primack - May 3, 2013 10:49 AM ET
Deutsche Telekom has completed the $1.5 billion merger of its T-Mobile unit and MetroPCS. The combined mobile carrier now is trading on the NYSE under ticker symbol TMUS. www.metropcs.com
Barcoding Inc. of Baltimore has acquired Miles Technologies Inc., a Lake Zurich, Ill.-based provider of RFID, barcoding and warehouse management solutions. No financial terms were disclosed.www.barcoding.com
Google has led a $125 million secondary investment into Lending Club, alongside Foundation Capital. The deal will give Google a minority stake in the P2P lending MORE
Dan Primack - May 2, 2013 10:29 AM ET
DreamWorks Animation (Nasdaq: DWA) is in talks to acquire AwesomenessTV, a Los Angeles-based YouTube channel for teens and tweens, according to AllThingsD. No financial terms were disclosed. AwesomenessTV has raised VC funding from Greycroft Partners, MK Capital and New World Ventures. www.dreamworksanimation.com
Jawbone, a San Francisco-based maker of audio devices and wearable technology, has acquiredBodyMedia, a Pittsburgh–based maker of wearable body monitors. No financial terms were disclosed, but media reports put the deal in MORE
Dan Primack - May 1, 2013 11:49 AM ET
Qiagen NV (Nasdaq: QGEN) has acquired Ingenuity Systems Inc., a Redwood City, Calif.–based provider of software solutions to analyze and interpret the biological meaning of genomic data, for approximately $105 million in cash. Ingenuity Systems raised over $14 million in VC funding from Accel Partners, Morgan Stanley Venture Partners and Three Arch Partners. www.qiagen.com
Alibaba has agreed to acquire an 18% stake in Weibo, the Chinese micro-messaging service owned by Sina Corp. (Nasdaq: SINA). www.us.weibo.com
Best Buy Co. MORE
Dan Primack - Apr 30, 2013 10:21 AM ET
Bayer AG (DB: BAYN) has agreed to acquire Conceptus Inc. (Nasdaq: CPTS), a Mountain View, Calif.-based developer of birth control solutions. The deal is valued at $1.1 billion, or $31 per share (19.69% premium to Friday's closing price). www.bayer.com
Century Aluminum Co. (Nasdaq: CENX) has agreed to acquire the assets of the Sebree aluminum smelter in Kentucky from a subsidiary of Rio Tinto Alcan Inc. No financial terms were disclosed.www.centuryaluminum.com
Lloyds Banking Group (LSE: LLOY) has agreed to sell its Spanish retail MORE
Dan Primack - Apr 29, 2013 10:00 AM ET
Cinven and Warburg Pincus have sold their remaining stakes in listed Dutch cable operator Ziggo NV for a combined €880 million.
Facebook (Nasdaq: FB) has acquired Parse, a San Francisco-based mobile app platform, for a reported $85 million. Parse had raised around $7 million in VC funding from such firms as Ignition Partners, Data Collective, Google Ventures, Menlo Ventures and SV Angel. www.parse.com
Betaworks, a New York-based tech incubator and holding company, has acquired story-saving application Instapaper for an undisclosed amount. MORE
Dan Primack - Apr 26, 2013 10:09 AM ET