Tag Archives: ATPNet

Top 20 Asia & Pacific Deals for January 2014

Deal No.Amount Paid (USD)CompanyInvestor/BuyerSectorDeal Type
1$13,410,0001Form.comREA GroupTransactionsAcquisition
2UndisclosedCollaborate.comCiscoMobile & AppsAcquisition
3UndisclosedAnittelBigAirSoftware & ServicesAcquisition
4UndisclosedLittle Eye LabsFacebookMobile & AppsAcquisition
5UndisclosedPRM Cloud SolutionsMinerals Corporation (MSC)Software & ServicesAcquisition
6UndisclosedSpeedySparrowSpiral HostingSoftware & ServicesAcquisition
7UndisclosedCN GroupViatekSoftware & ServicesAcquisition
8UndisclosedATPNetFaktorTelHardware & InfrastructureAcquisition
9UndisclosedO2 NetworksTelstraSoftware & ServicesAcquisition
10Undisclosedmig33Latin GoldMediaAcquisition
11$195,000,000China South City HoldingsTencentTransactionsInvestment
12$100,000,000DidiCitic, TencentMobile & AppsInvestment
14$30,000,000SiteMinderTechnology Crossover VenturesTransactionsInvestment
17$12,000,000Dianrong.comNorthern Light Venture CapitalTransactionsInvestment
18$10,400,000CommonFloorAccel Partners, Tiger Global ManagementTransactionsInvestment
20$3,000,000mobMEUndisclosedMobile & AppsInvestment

More information

  1. From pantry to penthouse for 1Form duo (The Australian)
  2. Cisco buys mobile collaboration company (ARN)
  3. BigAir’s Anittel acquisition cements new reseller arrangement (ARN)
  4. Facebook Acquires Little Eye Labs (FinSMEs)
  5. Acquisition will fuel PRM’s growth and global expansion (IT Wire)
  6. Spiral Hosting Acquires Australian Web Host SpeedySparrow (WHIR Hosting Cloud)
  7. IT reseller, Viatek, acquires CN Group (ARN)
  8. UPDATED: FaktorTel buys ATPNet customers (ARN)
  9. Telstra acquires enterprise network and security integrator (Telecoms.com)
  10. mig33 to be acquired by Latin Gold; heading for reverse IPO (e27)
  11. Tencent Invests $195M In Logistics Firm China South City To Compete With Alibaba (TechCrunch)
  12. Chinese Taxi App Didi Secured $100 million in Series C Funding (TechNode)
  13. Mobile Game Developer LineKong Rakes in $80 Million of Series C Funding (Technode)
  14. SiteMinder Raises US$30M in Funding (FinSMEs)
  15. Square-like Chinese startup QFPay swipes $16.5 million in series B funding (Tech in Asia)
  16. FirstCry.com Raises $15M in Series C Funding (FinSMEs)
  17. Dianrong.com Raises $12M in Funding (FinSMEs)
  18. CommonFloor Raises $10.4M in Series D Funding (FinSMEs)
  19. Singapore Online Grocer RedMart Raises $5.4M From Investors Including Facebook Co-founder (TechCrunch)
  20. MobME Postpones IPO Plans; Raises Angel Funding (Medianama)

A Bright Start for Aussie Startups


A Bright Start for Aussie Startups

Australia has not always been a hub of tech activity. Not long ago, many of Australia’s tech entrepreneurs lamented that the best way to succeed was to leave Australia and set up business in Silicon Valley, the land of promise for tech businesses. They argued that the market in Australia was too small, that there were no big tech companies making it outside of the country, and that there were few opportunities with local VCs.

Now all that is changing. The long winter is over and Australia’s tech scene is blossoming. Today, the country’s startup scene is heating up as local and global VCs infuse serious cash in Australian startups. Last week alone, seven successful deals were reported. SiteMinder received $30 million from Technology Crossover Ventures, a US venture firm, to fuel its global expansion. Six other companies – Unicorn Media, 1Form, PRM Cloud Solutions, SpeedySparrow, CN GROUP, and ATPNet (customer base and trademark) – were acquired, by international and domestic players.

Australia may not have a robust ecosystem as Silicon Valley, but it’s truly on its way to finding its place in the tech world.