Exit watch, week of Oct. 12, 2009

Box.net wraps up Increo Solutions

Box.net, a Palo Alto, Calif.-based provider of an online filing system, has acquired Increo Solutions, a Mountain View, Calif.-based developer of collaborative online document and media viewing tools. No financial terms were disclosed. Increo raised a small amount of seed funding from Draper Fisher Jurvetson. Box.net is also venture-backed, having raised $12.5 million from U.S. Venture Partners and DFJ.

BroadSoft buys Packet Island

BroadSoft Inc.

, a Gaithersburg, Md.-based provider of VoIP application software to the telecom industry, has acquired Packet Island Inc., a Cupertino, Calif.-based provider of SaaS-based quality of service assessment and monitoring tools for VoIP and video networks and services. No financial terms were disclosed. Broadsoft has raised about $76 million in total VC funding since 1998 from Bessemer Venture Partners, Charles River Ventures, Columbia Capital, Crescendo Ventures, Grotech Capital Group, RRE Ventures and Meritech Capital Partners. Packet Island had raised just over $3 million, from Garage Technology Ventures, Rincon Venture Partners and Startup Capital Ventures.

KIT Digital gobbles up The FeedRoom

KIT Digital Inc.

(Nasdaq: KITD) has acquired The FeedRoom, a New York-based provider of online video solutions for media companies. The deal is valued at just under $10 million in stock. The FeedRoom had raised more than $65 million in venture capital and debt financing from BEV Capital, NewSpring Capital and Velocity Equity Partners.

Forte has designs on U.K. company

Forte Design Systems

, a San Jose, Calif.-based provider of software design products, has acquired Arithmatica Ltd., a U.K.-based provider of IP and datapath synthesis. No financial terms were disclosed. Arithmatica has raised more than $2 million from Spark Ventures and others. Forte Design is also VC-backed, having raised more than $40 million in VC funding from 3i Group, Infinity Capital, U.S. Venture Partners and Saints Capital.

Nuance buys eCopy

Nuance Communications Inc. (Nasdaq: NUAN) acquired eCopy, a Nashua, N.H.-based provider of solutions for linking scan functionality of digital copiers to enterprise and network applications. The deal is valued at about $54 million in Nuance common stock. Previously, eCopy had raised nearly $22 million in VC funding from Ascent Venture Partners, Canon Inc. and Landmark Partners.

AT&T acquires Plusmo

AT&T Inc.

(NYSE: T) has acquired Plusmo Inc., a Santa Clara, Calif.-based developer of cross-platform mobile applications. No financial terms were disclosed. Plusmo had raised about $4.4 million in a Series A round led by New Enterprise Associates.

Sanofi-Aventis scoops up Fovea


has agreed to acquire Fovea Pharmaceuticals SA, a Paris, France-based drug company focused on ophthalmic diseases. The deal is valued at about $550 million, including an upfront payment and possible milestone payments. Fovea had raised more than $60 million in VC funding from Forbion Capital Partners, Sofinnova Partners, Abingworth and The Wellcome Trust.

WorkThink buys FiveRuns


, a stealth-mode startup backed by Austin Ventures, has acquired FiveRuns, another Austin Ventures’ portfolio company that makes monitoring products for Ruby on Rails and other open source and commercial systems. No financial terms were disclosed. FiveRuns had raised more than $8 million from Austin Ventures and Silverton Partners.

ViaSat woos WildBlue

ViaSat Inc.

(Nasdaq: VSAT) has agreed to acquire WildBlue Communications Inc., a Denver-based provider of broadband Internet-over satellite services in rural America. The deal is valued at $568 million, including $443 million in cash, $125 million of ViaSat stock and $68 million of WildBlue cash on hand. WildBlue has raised nearly $400 million in private equity funding, including a $50 million infusion in September 2008. Backers include Liberty Media, Intelsat, the National Rural Telecommunications Cooperative and Kleiner Perkins Caufield and Byers.