Friday, January 11, 2008

End of '07 saw increased M&A, IPO movement

January 9 - Massachusetts High Tech - Two Massachusetts technology companies were among the largest venture-backed liquidity deals during the fourth quarter 2007, nationally the most active fourth quarter since 2000, according to a new report by Dow Jones VentureSource.

The July acquisition of Cambridge-based Alantos Pharmaceuticals Inc. by California-based giant Amgen Inc. for $300 million was the eighth-largest merger and acquisition deal in the nation. At the same time, Burlington-based Nuance Communications Inc.'s $293 million purchase of Woburn's VoiceSignal Technologies Inc. in August ranked No. 10, Dow Jones reported. Read More.

No comments: