Industry Deals

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

HGST To Acquire Skyera, Inc.

IRVINE, Calif./PRNewswire/ — Western Digital® Corp. (NASDAQ: WDC) and HGST announces that HGST has completed an all-cash acquisition of Skyera, a developer of solid-state storage systems for scale-out cloud and enterprise data centers.

CellTrust Announces $10.5M Series A Growth Funding Led by Kayne Partners

SCOTTSDALE, Ariz. /PRNewswire/ — CellTrust Corporation, a global leader in collaborative secure mobile communication with tracing and archiving capabilities, announce that it has closed $10.5M in Series A funding from Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors, L.P.

Liberty Global and Searchlight to Acquire Choice

DENVER, Colorado–(BUSINESS WIRE)–Liberty Global plc (“Liberty Global”) (NASDAQ: LBTYA, LBTYB and LBTYK)  announces that, together with investment funds affiliated with Searchlight Capital Partners, L.P. (collectively, “Searchlight”), it has entered into an agreement to acquire 100% of the parent of Puerto Rico Cable Acquisition Company Inc., dba Choice Cable TV (“Choice”), the second largest cable and broadband services provider in Puerto Rico.

Entercom Communications Corp. Announces Definitive Agreement to Acquire Lincoln Financial Media from Lincoln Financial Group for $105 Million

BALA CYNWYD, Pa.–(BUSINESS WIRE)–Entercom Communications Corp. (“Entercom” or the “Company”) (NYSE: ETM) announces that it has entered into a definitive agreement to acquire Lincoln Financial Media (“LFM”) from Lincoln Financial Group (“Lincoln”) (NYSE: LNC) for $105 million plus working capital. The transaction is subject to FCC and other customary regulatory approvals and closing conditions. The Company expects that the deal will close in the second quarter of 2015.

Leading G.fast Company Sckipio Raises $17M

RAMAT GAN, Israel–(BUSINESS WIRE)–Sckipio Technologies, the leader in G.fast modem chipsets, announces it has raised $17M USD in a Series B round led by Pitango Venture Capital and combined with follow-on investment from the original Series A investors; Gemini Israel Ventures, Genesis Partners, Amiti Ventures and Aviv Ventures.

Sentient Technologies Raises $103.5 Million in Series C Funding

SAN FRANCISCO–(BUSINESS WIRE)–Sentient Technologies, the company seeking to solve the world’s most complex problems through massively scaled artificial intelligence, announces it has raised $103.5 million in Series C funding that brings the total investment in Sentient to more than $143 million.

Mavenir Systems Announces an Agreement to Acquire Stoke

RICHARDSON, Texas–(BUSINESS WIRE)–Mavenir Systems (NYSE:MVNR), a leading provider of software-based networking solutions, announces that it has signed a definitive agreement to acquire Stoke, Inc., subject to customary closing conditions.