Exit watch, week of March 15, 2010

Broadcom buys Teknovus for $123M

has acquired Teknovus Inc., a Petaluma, Calif.-based provider of broadband-access semiconductor chipsets, for $123 million in cash. Teknovus had raised about $66 million in VC funding from Lightspeed Venture Partners, Galleon Crossover Funds, Vision Venture Capital, Technology Alliance Investment, Itochu Technology Ventures, U.S. Venture Partners, Partech International, Focus Ventures, Samsung and Mitsubishi.

Google snatches up DocVerse

has acquired DocVerse, a developer of a document-sharing and collaboration tools. No financial terms were disclosed. DocVerse had raised $1.3 million in VC funding from Baseline Ventures and other investors.

Trimble buys LET Systems

(Nasdaq: TRMB) has acquired LET Systems, a Cork, Ireland-based provider of incident and outage management software for utilities. No financial terms were disclosed. LET Systems has raised venture capital funding from Siemens Venture Capital, Tempovest Capital, Enterprise Ireland, Bank of Scotland and TVC Holdings.

Metaswitch pulls trigger on Apptrigger acquisition

Metaswitch Networks, a London-based provider of carrier systems and communications software solutions, has acquired Apptrigger Inc., a Richardson, Texas-based maker of an application session controller. No financial terms were disclosed. Apptrigger had raised about $58 million from Star Ventures, Sevin Rosen Funds, CenterPoint Venture Partners, Covera Ventures and Chisholm Private Capital. Metaswitch is also venture-backed, having raised an undisclosed amount of funding from Francisco Partners and Sequoia Capital.

Pregis scoops up IntelliPack

, a Deerfield, Ill.-based supplier of protective packaging solutions, has acquired IntelliPack, a Tulsa, Ok.-based developer of foam-in-place packaging technology. No financial terms were disclosed. Pregis is a portfolio company of AEA Investors, while VentureWire reported that IntelliPack has raised VC funding from Red River Ventures and First Capital Group.

Trustwave acquires Intellitactics

Trustwave Corp., an Annapolis, Md.–based provider of on-demand data security and payment card industry compliance management solutions, has acquired Intellitactics, a Reston, Va.-based provider of security information and event management technology. No financial terms were disclosed. Trustwave raised $10 million from FTV Capital in 2004, while Intellitactics raised about $21 million from JMI Equity, Lazard Technology Partners, RBC Dominion and Enterasys Networks.

Afilias acquires DotMobi

, a Dublin, Ireland-based provider of Internet infrastructure services, has acquired DotMobi, a Dublin-based provider of Internet domain addresses for mobile phones. No financial terms were disclosed. DotMobi has received investments from Visa International, Ericsson, Google, GSM Association, Hutchison 3, Microsoft, Nokia, Orascom Telecom, Samsung Electronics, Syniverse, T-Mobile, Telefónica Móviles, Telecom Italia and Vodafone.