News Byte

Investor Group Offers $6.9 Billion to Take BMC Private

Software company BMC has agreed to be acquired by a group of four private equity firms. Together, Bain Capital, Golden Gate Capital, GIC Special Investments and Insight Venture Partners have offered to take BMC private at $46.25 a share, a deal that values the company at $6.9 billion, which amounts to a premium of less than 2 percent over BMC’s closing share price on Friday.

Exclusive: SurveyMonkey Raises $800 Million in Debt and Equity for Tender Offer — Including New Investment From Google’s New Late-Stage Unit

Ruling out an IPO in the near future, it is one of the largest private equity raises for an Internet company.
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What’s Really Going on With Color: A Small Apple Talent Acquisition

Color’s engineering team — about 20 people, almost the entire company — is being “acqhired” by Apple at what’s being called a “nominal” price of something like $2 million to $5 million.
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The Weather Channel’s Kenny and Weather Underground’s Steremberg Talk, Um, Weather (Video)

What’s the temperature for online weather?
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Extended-Warranty Business Gets $238 Million in Funding

SquareTrade Inc., which sells warranties for electronics products directly to consumers over the Web, said it is raising $238 million from affiliates of the private-equity firm Bain Capital LLC.

Yahoo Stock Gets Gaslit by Bidders Dangling Phantom $20-a-Share Bid

There is no $20 bid for Yahoo today. So why was it suddenly news? Time to blame Wall Street again.
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Ex-Yahoos Getting Downloaded by PE Firms and Others on Possible Deals

Former employees are good for something, apparently!
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Exclusive: Silver Lake Finally Signs Yahoo NDA, as Talks Proceed With Bidders

Aggressive private equity firm signs on the secret dotted line it said it would not. Of course.
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Deal Gone Bad? BuyWithMe Struggles as Investors Sour on Groupon Clones.

BuyWithMe, one of the early contenders in the daily deals space, has laid off a significant portion of its staff and is now in limbo as it finds raising more capital difficult.
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Meet Domo, the Latest Chapter in the Josh James Saga

The former CEO of Omniture bought a company in his home state of Utah, and then renamed it, but not before having a lot of fun along the way. And? He just raised $33 million.
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