Exit watch, week of June 30, 2008

Proofpoint fortifies in buying Fortiva

Proofpoint Inc., a Sunnyvale, Calif.-based provider of email security and data loss prevention solutions, has acquired Fortiva Inc., a Toronto-based provider of email archiving solutions. No financial terms were disclosed. Fortiva has raised about $7.5 million in funding from Cargill Ventures, Ventures West and Mclean Watson Capital. Proofpoint is also venture-backed and has raised $86 million in VC funding since 2003 from such firms as Benchmark Capital, Bridgescale Partners, DAG Ventures Inventures Group, JAFCO Ventures, Meritech Capital Partners, Mohr Davidow Ventures and RRE Ventures.

Microsoft nabs Navic Networks

has acquired Navic Networks, a Waltham, Mass.-based provider of television advertising solutions. No financial terms were disclosed. Navic raised about $52 million in 2000 and 2001 from such firms as Highland Capital Partners, Himalaya Capital, Pequot Capital and Pilot House Ventures.

Checkpoint feeds on OATSystems

Checkpoint Systems Inc. (NYSE: CKP) has agreed to acquire OATSystems Inc., a Waltham, Mass.-based maker of RFID application software and middleware. No pricing terms for the all-cash deal were disclosed. OATSystems has raised $24 million in VC funding from such firms as Greylock Partners, Matrix Partners and Hercules Technology Growth Capital.

Johnson & Johnson buys Swedish company

has acquired Amic, a Swedish developer of in vitro diagnostic technologies for use in point-of-care and near-patient settings. No financial terms were disclosed. Amic had raised about $8.5 million in VC funding since 2002 from such firms as InnovationsKapital and Investor Growth Capital.

Nokia acquires Plazes

has agreed to acquire Plazes AG, a mobile social navigation startup with offices in Zurich and Berlin. No financial terms were disclosed. Plazes has raised VC funding from Doughty Hanson Technology Ventures and individual investors Esther Dyson, Marc Andreessen and Martin Varsavsky.