Columbia West Capital News - Southwest Deal Intelligence
05.18.11 Utah Deal Intelligence - April 2011

 

This report is prepared as a courtesy to the Utah business community by Columbia West Capital, LLC based on our research and information collected by our firm. Despite our dedicated efforts, occasionally a deal might be missed or appropriate credit not given to legal or financial advisors. Please feel free to contact us if you have information on a transaction that you want to assure is included and credit attributed to appropriate advisors. Also, feel free to forward to others who may have interest; they can be added to the regular distribution by contacting our office. Our contact information is below.      


M&A - Strategic  

4/4/2011 VMware, Inc. (NYSE: VMW) acquired all the assets of Mozy, Inc. from Decho Corporation for $8.8 million.  Mozy is a software technology company that specializes in data protection and is based in American Fork, Utah.    


4/18/2011 Nuvo Research Inc. (TSX: NRI) agreed to acquire ZARS Pharma, Inc. from a group of investors including EPIC Ventures and vSpring Capital among others for $13.1 million.  EPIC Ventures and vSpring Capital are private investment companies based in Salt Lake City, Utah.    


4/27/2011 Myriad Genetics Inc. (NasdaqGS: MYGN) has acquired Rules-Based Medicine, Inc. for $80.0 million in cash. Myriad Genetics Inc. is a molecular diagnostic company based in Salt Lake City, Utah.    


Private Placements  

4/11/2011 SEER Technology, Inc. announced that it will raise $5.1 million in an equity round of funding. SEER Technology, based in Salt Lake City, Utah, designs and develops chemical recognition and personnel navigation products for immediate danger to life and health applications in government, military, public safety, and commercial markets.    


4/14/2011 Instructure Canvas raised $8.0 million in its series B round of equity financing from OpenView Venture Partners, TomorrowVentures, LLC, and EPIC Ventures.  Instructure, based in Salt Lake City, Utah, provides Canvas, an open-source learning management system that communicates with students, teachers, and administrators using methods and tools.  EPIC Ventures is a private investment company based in Salt Lake City, Utah.    


4/19/2011  AngioScore, Inc. announced that it will raise $12.0 million of equity funding from a group of investors including Pelion Venture Partners. Pelion Venture Partners is a private investment company based in Salt Lake City, Utah.     


For deal submissions, please contact Jordan Nelson at jnelson@columbiawestcap.com.