Tag Archives: TPG

The price of disruption

Commentary

The price of disruption

Last week, TPG, Dragoneer Investment Group, Sequoia Capital and T. Rowe Price Group Inc. invested more than $450 million in home-rental company Airbnb. The round values Airbnb at around $10 billion, making it one of the most valuable startups in the world.

Airbnb is currently facing off with New York Attorney General Eric Schneiderman who claims the service is illegally subletting and creating pseudo-hotels. Airbnb, which has 300,000 listings in more than 190 countries, including 30,000 in New York, said that it aims to start collecting taxes from renters on behalf of hosts in New York, San Francisco and other major cities to follow city regulations.

Although major hoteliers may play down the threat of Airbnb, the fact remains that the startup has begun taking share from their industry. And with $776.40 million in total funding, Airbnb has the ammunition to battle with the powers that be and further disrupt the multibillion-dollar hospitality industry.

Top 20 Acquisitions for December 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $130,000,000,000 Verizon Wireless Verizon Communications Hardware & Infrastructure Acquisition
2 $24,900,000,000 Dell Michael Dell, Silver Lake Partners Hardware & Infrastructure Acquisition
3 $7,200,000,000 Molex Koch Industries Hardware & Infrastructure Acquisition
4 $7,170,000,000 Nokia Microsoft Hardware & Infrastructure Acquisition
5 $2,700,000,000 Sourcefire Cisco Hardware & Infrastructure Acquisition
6 $1,900,000,000 Verizon Wireless AT&T Hardware & Infrastructure Acquisition
7 $1,900,000,000 91 Wireless Baidu Mobile & Apps Acquisition
8 $1,100,000,000 Tumblr Yahoo Media Acquisition
9 $1,100,000,000 Waze Google Mobile & Apps Acquisition
10 $1,000,000,000 Climate Corporation Monsanto Transactions Acquisition
11 $865,000,000 AXIS Axiata Hardware & Infrastructure Acquisition
12 $800,000,000 Trusteer IBM Software & Services Acquisition
13 $800,000,000 Braintree Ebay Transactions Acquisition
14 $780,000,000 Alltel AT&T Hardware & Infrastructure Acquisition
15 $710,000,000 Mountain Cablevision Rogers Communications Hardware & Infrastructure Acquisition
16 $685,000,000 Virident Western Digital Hardware & Infrastructure Acquisition
17 $600,000,000 Intermec Honeywell International Hardware & Infrastructure Acquisition
18 $600,000,000 Neolane Adobe Marketing Acquisition
19 $600,000,000 TSL Education TPG Media Acquisition
20 $491,940,000 Ogone Ingenico Transactions Acquisition

More information

  1. Verizon Takes Full Grip of Verizon Wireless in $130B Deal with Vodafone (Xconomy)
  2. Dell shareholders approve buyout by founder Michael Dell (BBC)
  3. Koch brothers move into electronics with $7.2 billion Molex deal (Reuters)
  4. Microsoft Enters Into $7.2B Deal To Buy Nokia’s Devices And Services Business And License Its Patents (TechCrunch)
  5. Cisco Acquires Cybersecurity Company Sourcefire For $2.7B (Techcrunch)
  6. AT&T Completes Acquisition of 700 MHz Spectrum from Verizon Wireless to Support 4G LTE (Market Watch Wall Street Journal)
  7. Baidu Agrees To Buy Chinese Android App Distributor 91 Wireless For $1.9B (Techcrunch)
  8. Confirmed: Yahoo! Acquires Tumblr for $1.1BN (FinSMEs)
  9. Google Bought Waze For $1.1B, Giving A Social Data Boost To Its Mapping Business (Techcrunch)
  10. Monsanto’s feast: $1B Climate Corp acquisition shows the world is turning into 1s and 0s (Pandodaily)
  11. Malaysia’s Axiata boosts Indonesia business with $865 million acquisition of AXIS (Tech In Asia)
  12. IBM Buys Israel/US Cybersecurity Specialist Trusteer For $800M-$1B (TechCrunch)
  13. EBay’s PayPal Acquires Payments Gateway Braintree For $800M In Cash (TechCrunch)
  14. AT&T Completes Alltel Acquisition (Yahoo Finance)
  15. Canadian Internet Provider Rogers Buys Mountain Cablevision, Wireless Spectrum Licenses From Shaw (Techcrunch)
  16. Can’t get enough of flashy upstarts, can you, WD? Firm pays $685m for Virident (The Register)
  17. Honeywell International Inc. (HON) Confirms Intermec Inc. (IN) Acquisition For About $600 Million (Pulse2.0)
  18. Adobe Acquires Conversational Marketing Platform Neolane For $600M In Cash To Bolster Its Marketing Cloud (Techcrunch)
  19. TPG Buys TSL, Owner Of The TES Connect Education Network, For Around $600M (Techcrunch)
  20. Ingenico Agrees To Acquire European Online Payment Services Provider, Ogone, For €360M To Build Out Multi-Channel Payments Strategy (Techcrunch)

Top 20 Acquisitions for October 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $130,000,000,000 Verizon Wireless Verizon Communications Hardware & Infrastructure Acquisition
2 $24,900,000,000 Dell Michael Dell, Silver Lake Partners Hardware & Infrastructure Acquisition
3 $7,200,000,000 Molex Koch Industries Hardware & Infrastructure Acquisition
4 $7,170,000,000 Nokia Microsoft Hardware & Infrastructure Acquisition
5 $2,700,000,000 Sourcefire Cisco Hardware & Infrastructure Acquisition
6 $1,900,000,000 91 Wireless Baidu Mobile & Apps Acquisition
7 $1,900,000,000 Verizon Wireless (select assets) AT&T Hardware & Infrastructure Acquisition
8 $1,100,000,000 Tumblr Yahoo Media Acquisition
9 $1,100,000,000 Waze Google Mobile & Apps Acquisition
10 $1,000,000,000 Climate Corporation Monsanto Transactions Acquisition
11 $865,000,000 AXIS Axiata Hardware & Infrastructure Acquisition
12 $800,000,000 Trusteer IBM Software & Services Acquisition
13 $800,000,000 Braintree Ebay Transactions Acquisition
14 $780,000,000 Alltel AT&T Hardware & Infrastructure Acquisition
15 $710,000,000 Mountain Cablevision Rogers Communications Hardware & Infrastructure Acquisition
16 $685,000,000 Virident Western Digital Hardware & Infrastructure Acquisition
17 $600,000,000 Neolane Adobe Marketing Acquisition
18 $600,000,000 TSL Education TPG Media Acquisition
19 $600,000,000 Intermec Honeywell International Hardware & Infrastructure Acquisition
20 $491,940,000 Ogone Ingenico Transactions Acquisition

More information

  1. Verizon Takes Full Grip of Verizon Wireless in $130B Deal with Vodafone (Xconomy)
  2. Dell shareholders approve buyout by founder Michael Dell (BBC)
  3. Koch brothers move into electronics with $7.2 billion Molex deal (Reuters)
  4. Microsoft Enters Into $7.2B Deal To Buy Nokia’s Devices And Services Business And License Its Patents (TechCrunch)
  5. Cisco Acquires Cybersecurity Company Sourcefire For $2.7B (Techcrunch)
  6. Baidu Agrees To Buy Chinese Android App Distributor 91 Wireless For $1.9B (Techcrunch)
  7. AT&T Completes Acquisition of 700 MHz Spectrum from Verizon Wireless to Support 4G LTE (Market Watch Wall Street Journal)
  8. Confirmed: Yahoo! Acquires Tumblr for $1.1BN (FinSMEs)
  9. Google Bought Waze For $1.1B, Giving A Social Data Boost To Its Mapping Business (Techcrunch)
  10. Monsanto’s feast: $1B Climate Corp acquisition shows the world is turning into 1s and 0s (Pandodaily)
  11. Malaysia’s Axiata boosts Indonesia business with $865 million acquisition of AXIS (Tech In Asia)
  12. IBM Buys Israel/US Cybersecurity Specialist Trusteer For $800M-$1B (TechCrunch)
  13. EBay’s PayPal Acquires Payments Gateway Braintree For $800M In Cash (TechCrunch)
  14. AT&T Completes Alltel Acquisition (Yahoo Finance)
  15. Canadian Internet Provider Rogers Buys Mountain Cablevision, Wireless Spectrum Licenses From Shaw (Techcrunch)
  16. Can’t get enough of flashy upstarts, can you, WD? Firm pays $685m for Virident (The Register)
  17. Adobe Acquires Conversational Marketing Platform Neolane For $600M In Cash To Bolster Its Marketing Cloud (Techcrunch)
  18. TPG Buys TSL, Owner Of The TES Connect Education Network, For Around $600M (Techcrunch)
  19. Honeywell International Inc. (HON) Confirms Intermec Inc. (IN) Acquisition For About $600 Million (Pulse2.0)
  20. Ingenico Agrees To Acquire European Online Payment Services Provider, Ogone, For €360M To Build Out Multi-Channel Payments Strategy (Techcrunch)

Top 20 Media Deals for 2013

Deal No. Amount Paid (USD) Company Investor/Buyer Sector Deal Type
1 $1,100,000,000 Tumblr Yahoo Media Acquisition
2 $600,000,000 TSL Education TPG Media Acquisition
3 $586,000,000 Sina Weibo Alibaba Media Investment
4 $448,000,000 Sogou Tencent Media Investment
5 $250,000,000 Washington Post Jeff Bezos Media Acquisition
6 $225,000,000 Pinterest Consortium Media Investment
7 $200,000,000 Pinterest Consortium Media Investment
8 $70,000,000 Boston Globe/ New England Media Group John Henry Media Acquisition
9 $60,000,000 Nextdoor Consortium Media Investment
10 $57,000,000 Qunar Consortium Media Investment
11 $50,000,000 StreetEasy Zillow Media Acquisition
12 $50,000,000 Quixey Consortium Media Investment
13 $40,000,000 Vox Media Accel Partners Media Investment
14 $35,000,000 ResearchGate Consortium Media Investment
15 $35,000,000 Outbrain Consortium Media Investment
16 $33,000,000 AwesomenessTV DreamWorks Animation SKG Media Investment
17 $30,000,000 Science Hearst Ventures Media Investment
18 $26,000,000 PlayOn! Consortium Media Investment
19 $26,000,000 Maker Studios Consortium Media Investment
20 $25,000,000 TuneIn Consortium Media Investment

More information

  1. Confirmed: Yahoo! Acquires Tumblr for $1.1BN (FinSMEs)
  2. TPG Buys TSL, Owner Of The TES Connect Education Network, For Around $600M (Techcrunch)
  3. Sina Weibo, China’s Equivalent of Facebook and Twitter, Gets $586M Investment From Alibaba (Techcrunch)
  4. Sogou Secured $448 million Investment from Tencent, will Merge Soso (Technode)
  5. Jeff Bezos To Acquire The Washington Post For $250M (TechCrunch)
  6. Pinterest Does Another Massive Funding — $225 Million at $3.8 Billion Valuation (Confirmed) (All Things D)
  7. Pinterest Raises $200M in Funding (FinSMEs)
  8. The New York Times Company Sells The Boston Globe (And Related Properties) For $70M (TechCrunch)
  9. Nextdoor raises $60M to curb the crumbling of America’s neighborhoods (Venture Beat)
  10. Baidu, Hillhouse & GGV Reportedly Invest $57M In Qunar As The Chinese Travel Site Weathers A Boycott (Techcrunch)
  11. Zillow Fills Out NYC Listings With $50M StreetEasy Acquisition, Plans Follow-On Offering Of 2.5M Shares For $228M (TechCrunch)
  12. Quixey Raised $50M in Series C Funding (FinSMEs)
  13. Vox Media raising $40M to invest in video content on SB Nation, The Verge, & Polygon (Venture Beat)
  14. Bill Gates, Benchmark And More Pour $35M Into ResearchGate, The Social Network For Scientists (Techcrunch)
  15. Content Recommendation Service (And Rumored IPO Candidate) Outbrain Raises Another $35M (TechCrunch)
  16. DreamWorks Animation SKG Acquires AwesomenessTV for $33,000,000 (Xconomy)
  17. Science Inc. Gets $30M From Hearst (Socal Tech)
  18. PLAYON! SPORTS COMPLETES A $26M SERIES D FINANCING (FinSMEs)
  19. Maker Studios Raises $26M in Second Tranche of Series C Funding (FinSMEs)
  20. TuneIn Raises $25M Round Led By IVP, Already Surpassed 1B Listening Hours This Year (Techcrunch)