WebMethods, Inc., a publicly traded business integration and optimization software company, said it has entered into a definitive agreement to acquire privately-held Infravio, Inc. for approximately $38 million in cash. Infravio provides service-oriented architecture, or SOA, registry and governance products. SOA governance enforces the policies and procedures that determine how developers, IT staff and business users utilize systems. WebMethods plans to integrate Infravio’s products into its Fabric product suite. Cupertino, Calif.-based Infravio has approximately 65 employees, including 50 developers in its offshore development facility in Chennai, India.
Linux NetworX Inc., a Bluffdale, Utah-based supercomputing company, has raised $37 million in third-round funding. Lehman Brothers and Canaccord Adams were joined by return backers Oak Investment Partners and Tudor Ventures.
FTI Consulting Inc. (NYSE: FCN) has agreed to acquire FD International Ltd. (a.k.a. Financial Dynamics), a UK-based business communications firm controlled by Advent International. The deal is valued at approximately $260 million, including $215 million in cash, $20 million in notes and deferred purchase obligations and $25 million of restricted FTI stock. To finance the acquisition of FD, FTI plans to offer $215 million of senior unsecured notes.
SpikeSource Inc., a Redwood City, Calif.-based open source IT infrastructure company, has raised $21 million in Series B funding, according to a regulatory filing. PE Week Wire reported a $15 million first close earlier this year. Duff Ackerman & Goodrich was joined by return backers Fidelity Ventures and Kleiner Perkins Caufield & Byers.
Bubble Motion Pte Ltd., an India-based provider of short-voice messaging services, has raised $10 million in venture funding from Sequoia Capital and Sequoia Capital India.
Hi-G-Tek Inc., a Rockville, Md.-based provider of RFID products for monitoring and controlling high-value physical assets and sensitive materials, has raised $10 million in its first round of pure venture capital funding. L Capital Partners led the deal, and was joined by Battelle Ventures and Battelle affiliate Innovation Valley Partners.
Provade Inc., a San Mateo, Calif.-based provider of managed procurement solutions, has raised $5.2 million in Series C funding, according to a regulatory filing. Backers include Altos Vetures and ZAD Global Fund.
Vestar Capital Partners has agreed to acquire MediMedia USA Inc. from The Carlyle Group, Apax Partners and Cinven. No financial terms were disclosed. MediMedia USA was the core of a broader package of healthcare and business publications activities acquired from Vivendi Universal Publishing in April 2002 by Carlyle Group, Apax and Cinven.
DirecPath, a Dallas-based company formed earlier this year by Hicks Holdings and The DirecTV Group Inc., has agreed to acquire Apartment MediaWorks LLC, an Atlanta-based provider of pay television, broadband Internet and related services to multiple-dwelling unit and gated community residents in the southeastern United States. No financial terms were disclosed.
