Portland-based Geoloqi, a startup that focused on providing geolocation services to enable other applications, has been acquired by Esri, a company that seeks to enable “people to positively impact the future through a deeper, geographic understanding of the changing world around them.” Terms of the deal were not disclosed. Read More
Portland’s SweetSpot—a service that aggregates data from blood glucose monitoring devices to make the data more useful—has been acquired by DexCom (DXCM) in an all stock deal valued at $8.5 million. Read More
Now granted, I don’t usually cover traditional software and tech hardware… but a startup acquisition is a startup acquisition, no matter what kind of technology. And especially when that acquisition is a liquidity event for Oregon-based capital like the Oregon Angel Fund.
While there aren’t many details I can find, users of Pixetell from Portland startup Ontier were just alerted that Brainshark
has acquired the product will take over support of their product [hat tip to Mike Rogoway]. It’s not clear by whom the product and/or company was acquired. No financial details were disclosed.
Well well well. You may have heard that 2010 is the year of acquisitions in Portland. No really. It is. Don’t believe me? Well, I’ve got another one for you. That’s right. Already.
Last year, when Sequoia Capital pumped another $12 million into Jive Software’s war chest, one of the first questions out of everyone’s mouth was: What are they going to do with all of that money?
Were they going to hire? Build out? Acquire? Well, apparently they were planning to do a little bit of all of those things. Jive has a bunch of job openings, they’ve been growing—and outgrowing—an office in the valley, and now, they’ve started to pick up some other valuable pieces to their puzzle with today’s news that Jive had acquired social media monitoring company Filtrbox. Read More
Portland-based FreeRange—one of the leaders of the Portland mobile scene with customers like the Blazers, paidContent, and The Wall Street Journal—has been acquired by Handmark, a mobile entertainment company headquartered in Kansas City, MO.
Last year, I wrote:
If any company is the “founding father” of the burgeoning Portland mobile scene, FreeRange is it. With customers like the Wall Street Journal and the Portland Trail Blazers—and one of the most impressive mobile feed readers on the market—FreeRange is sure to keep Portland associated with mobile apps for a long time to come.
Oopie. Allow me to rephrase that. “Handmark is sure to keep Portland….”
According to the release, FreeRange is a “strategic addition” for Handmark, which has been recognized for its “mobile development expertise and management of a variety of desktop and on-device mobile stores full of the industry’s best games, applications and ringtones.”
“This is an exciting turning point for our company and we are proud to become part of the Handmark organization,” said Jon Maroney, FreeRange CEO. “Handmark has built a large network of happy customers across a wide range of mobile devices. This offers a great opportunity for FreeRange partners to expand their reach, adding tremendous value to content delivered via our publishing platform.”
Financial terms of the deal were not disclosed.
For more information on the acquisition, see the FreeRange blog.
(Hat tip Jason Grigsby)