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GMZ Gets Backing For Thermoelectric Tech
GMZ Energy Inc., which develops nanostructured thermoelectric material, is emerging from stealth to promote a radical new technology that could pave the way for a new generation of energy-efficient cooling and heat recovery products.
http://www.kpcb.com
GMZ Gets Backing For Thermoelectric Tech
GMZ Energy Inc., which develops nanostructured thermoelectric material, is emerging from stealth to promote a radical new technology that could pave the way for a new generation of energy-efficient cooling and heat recovery products.
http://www.kpcb.com
BMC Software (BMC) has agreed to acquire BladeLogic (BLOG), a Lexington, Mass.-based provider of data center automation software. The deal is valued at approximately $800 million, or $28 per share. BladeLogic went public last year with a $440 million market cap, after having raised around $35 million in VC funding from firms like Battery Ventures, Bessemer Venture Partners, Globespan Capital Partners and MK Capital. Each of those firms still has a position. Battery , for example, still holds 2.9 million shares. Get more info.
LiveWire Mobile Inc., a subsidiary of NMS Communications Corp. (NMSS), has acquired Groove Mobile Inc., a Bedford, Mass.-based provider of mobile music solutions. The deal is valued at $14.5 million. Groove Mobile had raised around $32.5 million in VC funding since 2001, from firms like Charles River Ventures, Kodiak Venture Partners and Egan-Managed Capital. Get more info.
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