Industry Deals

We've scoured the airwaves and assembled a list of the latest financial transactions in technology and communications.

j2 Global® Closes First Quarter of 2015 with Nine Acquisitions

LOS ANGELES–(BUSINESS WIRE)–j2 Global, Inc. (NASDAQGS:JCOM), the global provider of Internet services, today announced that its Cloud Services division closed nine acquisitions in the first quarter of 2015, spanning four business units and five countries.

Pervasip Completes Acquisition

WHITE PLAINS, N.Y., PRNewswire/ — Pervasip Corp. (USOTC: PVSP) (“Pervasip” or the “Company”) announced its execution and closing of an agreement to acquire 90% of the issued and outstanding equity of Canalytix LLC, an energy and resource solutions provider based in Denver, Colorado.

BEL Announces Sale of Power Solutions Division to Unipower for $10 Million

JERSEY CITY, N.J.–(BUSINESS WIRE)–BEL FUSE INC., “Bel” (NASDAQ:BELFB) & (NASDAQ:BELFA) announced today that it has completed the sale of the Network Power Systems division (“NPS”) of its recently acquired Power Solutions business to privately owned Unipower LLC, Coral Springs, Florida, for $9 million in cash plus $1 million in escrow pending realization of certain sales targets. Proceeds of the sale will be used primarily to reduce debt.

IntraHealth International Acquires Switchboard, an Award-winning Technology Organization

CHAPEL HILL, N.C. /PRNewswire-USNewswire/ — IntraHealth International announced today the acquisition of Switchboard, an award-winning California-based nonprofit organization. Switchboard’s promising mobile phone-based model for low- and middle-income countries joins ministries of health, private mobile phone companies and health workers to improve real-time access to critical information and peer-to-peer communication.

Luna and API Agree to Merge

ROANOKE, Va.–(BUSINESS WIRE)–Luna Innovations Incorporated (NASDAQ: LUNA), which develops and manufactures fiber optic sensing and test & measurement products for the telecommunications, aerospace, automotive, energy, and defense markets and Advanced Photonix, Inc. (NYSE MKT: API), a leading supplier of optoelectronic sensors, devices, and instrumentation for the telecommunications, defense, medical, and industrial markets today announced their agreement to merge.

Zayo Closes Acquisition of Latisys

BOULDER, Colo.–(BUSINESS WIRE)–Zayo Group Holdings, Inc. (“Zayo”) (NYSE:ZAYO), an international provider of Bandwidth Infrastructure services, today announced that it has closed its $675 million acquisition of the operating units of Latisys Holdings, LLC (“Latisys”), a colocation and infrastructure as a service (“IaaS”) provider.