With Backing from Sigma Partners and Others, GlassHouse Tech

Data consulting and storage company GlassHouse Technologies has filed for a $75 million IPO and plans to have Goldman Sachs and Credit Suisse serve as its underwriters when it comes to the NYSE. The company has raised $72 million in funding from backers including Sigma Partners, GrandBanks Capital, Kodiak Venture Partners, Paladin Capital Group, Ja

continue reading

GMAC chairman, bilked by Madoff, wants to run a bank

GMAC, the auto financing arm of General Motors that's half owned by Cerberus Capital, is spooling up its own bid for a federal bailout. GMAC wants to mimic American Express, Goldman Sachs and others that converted to bank holding companies and then tapped the TARP. Meanwhile, GMAC's chairman, Jacob Ezra Merkin, runs Ascot Partners, an investment. .

continue reading

Verizon 'in talks' to buy Alltel for $27 billion

Verizon is "in deep in talks to acquire Alltel," which of course is America's fifth largest wireless carrier. It's no secret that Alltel has been riding fairly high of late, and unless your memory is totally shot, you'll likely recall that it was just recently "taken private by TPG and Goldman Sachs Capital Partners in a $27.5 billion deal."

continue reading

Codexis filed for an IPO (IPOScoop.com)

Codexis, a Redwood City, California-based developer of proprietary biocatalysts, filed for an IPO to raise $100 million. Joint-lead managers: Credit Suisse and Goldman, Sachs. Co-managers: Piper Jaffray, RBC Capital Markets and Thomas Weisel Partners.

continue reading

Spinvox takes $100m investment

European technology news site 'The Tech Insider' reports how Goldman Sachs has joined forces with GLG Partners, Blue Mountain Capital Management and Toscafund Asset Management - to inject $100m in to the London-headquartered Spinvox, a startup which converts voicemail to email.

continue reading

Al Gore Steps up Green Fight by Joining Forces with Silicon Valley

In a bold move of leveraging the colossal influence of venture capital to fight global warming, Al Gore announced that he, along with partner and former Goldman Sachs banker David Blood, entered into contract with Silicon Valley's funding giant Kleiner Perkins Caufield & Byers.

continue reading

AllTel Customer? You're being sold for $2050 each....

"The FCC hath spake: TPG Capital and GS Capital Partners (a subsidiary of Goldman Sachs), the two private equity firms looking to buy out the paradoxically national-regional carrier Alltel, have been given the greenlight. The two firms will pony up $24.7 billion (about $2050 per customers) to take Alltel, flush with cash and new customers"

continue reading

Veoh Takes Round C

According to PEHub, Goldman Sachs led the round, with earlier investors Spark Capital and Shelter Capital Partners also increasing their investment.

continue reading

Going Private: Alltel for $27.5 billion

The company is being acquired by two private equity players, TPG (Texas Pacific Group) Capital and GS Capital Partners (private equity arm of Goldman Sachs). The transaction is likely to complete in the fourth quarter of 2007 or by the first quarter of 2008, and Scott Ford, Alltel’s chief executive officer, will remain in his current role.

continue reading

Alltel Sold for $27.5 Billion

Alltel Corp. of Little Rock confirmed Sunday night that it has entered a deal to be purchased by Texas Pacific Group and Goldman Sachs Capital Partners for about $27.5 billion.

continue reading