Weekly Money Trail- 08/01/2008
Posted by urbantech
Cisco Systems has agreed to acquire software company Pure Networks for $120 million in cash as the networking giant expands its consumer product portfolio. This is Cisco’s first acquisition of a venture-backed company since it announced in November that it would acquire Securent, a provider of policy management software, for $100 million in cash. Cisco, [...]
Read MoreWeekly Money Trail- July 18, 2008
Posted by urbantech
Seattle Comcast’s The Platform goes social with Chirp Social media start-up Chirp Interactive Inc. has sold some of its assets to Comcast Corp.’s thePlatform just six months after a seed funding. Financial terms were not disclosed, but we can only assume with Comcast deep pockets, and social media on fire, the investors should be singing [...]
Read MoreThe Weekly Money Trail- July 13, 2008
Posted by urbantech
Bellevue, Investors Brings Alerts.com Back To Life A few years ago, investors poured more than $18 million into Alerts.com, a developer of software that alerted users when content changed on high-traffic Web sites. http://www.alerts.com
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