Exit watch, week of June 29, 2009

Oracle continues acquisition spree, buys Conformia Software assets

Oracle Corp. has acquired the IP assets of Conformia Software Inc., a Sunnyvale, Calif.-based provider of compliance management software for regulated process industries. No financial terms were disclosed. Conformia had raised about $36 million in VC funding from Sequoia Capital, Jafco Ventures, Foundation Capital, Mentor Capital Group and SAP Ventures.

Oracle, which in April agreed to buy Sun Microsystems for $10 billion, last month purchased VC-backed Virtual Iron, a Lowell, Mass.-based provider of enterprise server virtualization solutions, for an undisclosed price.

Virtual Iron had raised about $65 million in VC funding since 2003 from Highland Capital Partners, Matrix Partners, Goldman Sachs, Intel Capital and SAP Ventures.

Adgregate buys Gydget

, a Sausalito, Calif.-based provider of transactional advertising technology, has acquired Gydget, a San Francisco-based social marketing platform. No financial terms were disclosed. Gydget had raised about $1 million from SunBridge Partners and Felicis Ventures. Adgregate is also venture-backed, having raised about $2 million in VC funding from Storm Ventures and other investors.

Amazon snaps up SnapTell

has acquired SnapTell Inc., a Palo Alto-based provider of image recognition-based mobile marketing solutions. No financial terms were disclosed. SnapTell had raised just under $4 million in VC funding from JK&B Capital and New Enterprise Associates.

Exar scoops up Galazar Networks

(Nasdaq: EXAR) has acquired Galazar Networks Inc., an Ontario, Canada-based fabless semiconductor company. No financial terms were disclosed. Galazar had raised about $26 million in VC funding since 2001 from Skypoint Capital Corp., VenGrowth Capital Partners, Katsura Investments, Desjardins Venture Capital Group, RBC Capital Partners and Goldman Sachs.