Hot Start-ups

NDS, which provides solutions for securing digital pay-TV, plans to acquire Jungo Ltd, a developer of residential gateway software, for an aggregate consideration of up to $107.5 million in cash....

Garmin, a developer of GPS navigation, communication and information devices, acquired Dynastream Innovations $36 million in cash. Dynastream, which is located in Cochrane, Alberta, Canada, develops personal monitoring technology --...

NeuStar has acquired Followap, a UK-based provider of mobile instant messaging (IM) products in Europe and Asia, for approximately $139 million in cash. Followap delivers interoperability between operators and Internet...

Natural Convergence, a start-up based in Ottawa, secured US$10 million in series C financing for its VoIP application software for service providers. Natural Convergence's "silhouette" application replaces traditional key systems,...

Newport Media, a start-up based in Lake Forest, California, closed a $30 million Series C financing round for its work in developing silicon solutions for digital audio and mobile TV...

Sipera Systems, a start-up based in Richardson, Texas, named Ravi Varanasi as Vice President of Engineering. Prior to Sipera, Varanasi led development efforts for Cisco Systems, focused on security technology,...

Mavenir Systems, a start-up based in Richardson, Texas, announced today the appointment of Pardeep Kohli as President and CEO. Kohli previously served as co-founder, president and CEO of Spatial Wireless,...

A10 Networks, a start-up based in San Jose, California, raised $9 million in Series B funding for its enterprise IP-to-ID product. A10 Networks' "Smart" identity management system help businesses address...

BridgePort Networks, a start-up headquartered in Chicago with an R&D facility in Cambridge, Massachusetts, announced $13 million in nre venture financing by its current investors. The new financing brings the...

Inventec Corp. (IEC), the world's largest server ODM, has made a strategic investment in NetXen, a start-up developing 10-Gigabit Ethernet (10GbE) Intelligent NIC technology. Terms of the investment were not...

Limelight Networks, a leading content delivery network, named Jeffrey W. Lunsford as CEO and chairman of the board of directors. He replaces founder Bill Rinehart, who will remain with the...

Narus, a start-up based in Mountain View, California, secured $30 million in new financing for its solutions for real-time, IP traffic analysis and management. This financing includes $20 million in...

Cisco Systems agreed to acquire privately-held Orative Corp., a developer of mobile communications solutions, for $31 million in cash. Orative provides an application which will allow Cisco to extend its...