Logility buys Optiant
, a provider of supply chain optimization solutions, has acquired Optiant Inc., a Burlington, Mass.-based provider of inventory planning and optimization solutions. The deal was valued at $3.3 million in cash. Optiant had raised nearly $40 million in VC funding from Battery Ventures, Castile Ventures and LogiSpring Management Co.
Informatica buys 29West
Informatica Corp. (Nasdaq: INFA) has acquired 29West Inc., a Warrenville, Ill.-based provider of low-latency messaging solutions for financial institutions. No financial terms were disclosed. 29West had been a portfolio company of Susquehanna Growth Equity.
Gilat buys Raysat for $25M
Gilat Satellite Networks Ltd. (Nasdaq: GILT) has agreed to acquire Raysat Antenna Systems, a Vienna, Va.-based. The deal is valued at about $25 million in cash and is expected to close within the next six months. Raysat has raised about $37 million in VC funding from Benchmark Capital, Apax Partners and Israel Seed Partners.
Yahoo males play for Citizen Sports
Yahoo Inc. (Nasdaq: YHOO) has agreed to acquire Citizen Sports, a San Francisco-based operator of a virtual market for professional athlete futures. No financial terms were disclosed. Citizen Sports had raised more than $25 million in VC funding from firms like Northgate Capital and Radar Partners.
Synopsys scoops up CoWare
(Nasdaq: SNPS) has acquired CoWare Inc., a San Jose, Calif.-based provider of EDA software and services. No financial terms were disclosed. CoWare had raised about $39 million in VC funding from Greylock Partners, GIMV, Cadence Design Systems and IT Partners.