EveryScape and Bing Expand Partnership, Raytheon Acquires Applied Signal, Avila Inks Sanofi Deal, & More Boston-Area Deals News
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of mobile content. The reported purchase price was $4 million.
—Natick, MA-based cloud storage startup Nasuni nabbed $15 million in Series B money, bringing its total funding pot to $23 million. The deal was led by new investor Flybridge Capital Partners, with participation from existing Nasuni backers North Bridge Venture Partners and Sigma Partners.
—Waltham defense contractor Raytheon (NYSE: RTN) announced it had agreed to acquire Applied Signal Technology (NASDAQ: APSG), a maker of communications, analytics software and cyberwarfare technology, for about $490 million in cash. The $38-per-share deal is set to close first quarter of next year.
—Avila Therapeutics of Waltham inked a deal worth up to $800 million with French drugmaker Sanofi-Aventis (NYSE: SNY), in exchange for access to its technology for identifying potential cancer drugs that silence tumor-related proteins with durable covalent bonds. The deal includes a $40 million upfront payment and research support for the next three years, with potential development and regulatory milestone payments on drugs Sanofi decides to advance.
—Casenet, a Bedford, MA-based health IT firm, brought in $8.4 million of an equity offering that could total $8.8 million, according to an SEC filing. Investors in the new funding round were not revealed, but the firm has previously raised money from HLM Venture Partners, Sigma Partners, and Aurora Funds.