Antenna Software announced the acquisition of U.K.-based company Volantis. The deal will add a broad range of mobile internet solutions to Antenna’s mobile platform, including the architecture for mobile commerce and enterprise app stores. Volantis will also bring Antenna a number of carrier and enterprise customers, including T-Mobile, Hutchinson 3G and Reliance Capital, deepening the company’s vertical offerings across financial services, retail, travel, media and entertainment.
BLiNQ Networks Inc, provider of next-generation intelligent wireless backhaul solutions, announced it has secured $7.4 million in Series A funding.BLiNQ has secured funding from New Venture Partners, Summerhill Venture Partners and the Business Development Bank of Canada.
SagePoint Advisors announced that 2010 M&A dollar volume surged to $202 billion in the internet, communications & IT infrastructure (“ICIT”) markets, more than double that of 2009 . ICIT M&A transaction volume reached 1,547 transactions in 2010, up nearly 25% from 2009. A number of encouraging observations from SagePoint’s Q4 M&A Review suggest that M&A in the ICIT markets rebounded very strongly in 2010. Read more about the results on SagePoint’s website www.sagepointadvisors.com.
AirWalk Communications Inc., provider of small cell radio access networks, closed a further $10 million of Series B funding. This additional round of funds was led by Sevin Rosen and included investors: TL Ventures, Alta Berkeley, Duchossois Technology Partners and Nedelco Inc. AirWalk plans to use the investment to expand its small cell product portfolio, enhance the capabilities of existing CDMA products and launch LTE solutions.
