171 posts and columns on private equity
It’s a Jack World After All: Disney Names Dorsey to Board
When you wish upon a tech star … (I couldn’t resist, Iger!)In Chip Deal, Singapore’s Avago to Acquire LSI for $6.6 Billion
The deal is being financed with bank loans and a $1 billion investment from private equity firm Silver Lake.NAMG Confirms It Has Bought Scout From Fox Networks Group in Dude-Focused Content Roll-Up Bid
Another network aimed at dudes.News Byte
Microsoft Names Exec to Top Skype Post
Microsoft has named Gurdeep Singh Pall to replace the departing Mark Gillett as corporate VP for Skype, as well as its Lync communications product. Gillett, who took a job as head of value creation at private equity firm Silver Lake, had been responsible for Skype’s product, engineering and operations worldwide, duties that will now fall to Pall. An experienced engineer, Pall was most recently CVP of Information Platform & Experience in Microsoft’s new Applications and Services division. Before that, he was CVP of the Office Lync & Speech group.Departing Skype Exec Gillett to Become Head of “Value Creation” at Silver Lake
Mystery managed, as the British exec might say!News Byte
Top Skype Exec Mark Gillett Departs Microsoft
According to an internal memo sent this morning to employees, top Skype exec Mark Gillett is leaving Microsoft. Sources said that Gillett — who is corporate VP for Skype, as well as its Lync product — has another job he is headed to, although the memo did not mention where he was going. Gillett, who is responsible for Skype’s product, engineering and operations globally, has been with the online telephony company for several years, including before Microsoft bought it. Previous to that, he worked at private equity giant Silver Lake in Europe.Look Who’s Taking Dell’s Spot on the S&P 500
Ending a 17-year run.Dell’s Days as a Public Company Will End With a 13-Cent Dividend Payment
Also: The board will shrink from 10 members to three.News Byte
Chinese Mobile Games Publisher Chukong Technologies Raises $50 Million Series D
Chukong Technologies, the parent company of mobile games publishing brands Coco and CocoaChina, has raised $50 million in new funding, the company announced today in a press release. That brings its total funding to date to $83 million. This round was led by P.E. fund New Horizon Capital with participation from some of Chukong’s existing investors. The $50 million will support Chukong’s international game publishing and localization efforts, as well as its free Cocos2D-x game engine, which is used by seven of the 10 top-grossing game devs in China.News Byte