M&A Deals

AnalogicTech Inc. (Nasdaq: AATI) has acquired the power management analog business of China-based IPCore Technologies Corp., including subsidiary AP Semi and certain related assets. The deal is valued at $21.5 million in cash. IPCore backers include 3i Group, Pacific Venture Partners and Walden International. www.analogictech.com www.ipcoreinc.com

Clifton House Acquisition Ltd. has sold The Expanded Metal Company Ltd. (EMCO), a UK-based supplier of expanded metal mesh components and finished goods, to Gibraltar Industries Inc. (Nasdaq: ROCK). No financial terms were disclosed, except that EMCO has annual sales of approximately $62 million. www.gibraltar1.com

Capgemini, a France-based provider of tech consulting and outsourcing, has agreed to acquire Kanbay International (Nasdaq: KBAY), a Rosemont, Ill.-based provider of IT services for the financial services market. The total deal is valued at $1.25 billion, with Kanbay shareholders to receive $29 per share in cash. Kanbay went public in 2004, but VC backers […]

Adobe Systems Inc. (Nasdaq: ADBE) has acquired Serious Magic Inc., a Folsom, Calif.-based provider of video software communications tools. No financial terms were disclosed. Serious Magic had raised VC funding from Mayfield. www.adobe.com www.seriousmagic.com

Sequoia Capital and Artis Capital aren't the only firms set to profit from Google's $1.65 billion acquisition of YouTube. The New York Times reports that Universal Music Group, BMG Music Entertainment and Warner Music Group each received small YouTube stakes as part of music-licensing deals signed shortly before the Google deal was announced. The three […]

Deutsche Bank has agreed to buy UK wealth manager Tilney Group Ltd. from Bridgepoint and company management. No financial terms were disclosed for the deal, which is expected to close later this quarter. Tilney has around