Exit watch, week of Aug. 10, 2009

McAfee snatches up MX Logic for $170M

McAfee Inc.

(NYSE: MFE) has agreed to acquire MX Logic Inc., a cloud-based provider of email and Web security and email archiving and continuity services. The deal is valued at up to $170 million in cash, including a $140 payment at closing, and up to $30 million in earn-outs. Englewood, Colo.-based MX Logic has raised about $34 million in VC funding from Adams Street Partners, Axiom Venture Partners, Grayhawk Capital, River Cities Capital Funds, UV Partners and Vista Ventures. The company raised a Series D round in 2004 that valued the company just short of $25 million.

Intersil buys Quellan

Intersil Corp. (Nasdaq: ISIL) has agreed to acquire Quellan Inc., a Santa Clara, Calif.-based provider of analog signal processing and RF noise cancellation. No financial terms were disclosed. Quellan has raised more than $40 million in VC funding from W.L. Gore & Associates, Jafco, Menlo Ventures, Yamacraw Capital Seed Fund, Cordova Ventures, Samsung Ventures America and VentureTech Alliance.

Thomson Reuters buys Vhayu

Thomson Reuters

(publisher of PE Week) has acquired Vhayu Technologies, a Los Gatos, Calif.-based provider of enterprise data solutions. No financial terms were disclosed. Vhayu had raised more than $19 million in VC funding since 2001 from Menlo Ventures, DB Capital Partners and SVB Capital. It was advised on the sale by Marlin & Associates.

Crossing Automation acquires Asyst assets

Crossing Automation Inc.

, a Mountain View, Calif.-based wafer automation company, has agreed to acquire the assets of Asyst Technologies’ atmospheric technologies and IP. No financial terms were disclosed. Asyst is a bankrupt company that had a $324 million take-private buyout offer in early 2008 from The Gores Group and Aquest Systems. Crossing Automation raised about $6 million in VC funding from Tallwood Venture Capital and Intel Capital.