Apax RSS: Tech & Telecom News

Paradigm Names Arshad Matin as New President, CEO and Board Member

Thu, 02 May 2013 10:27:44 GMT

Paradigm Names Arshad Matin as New President, CEO and Board Member. New leadership follows Apax Partners acquisition in 2012.

Apax-led Consortium Agrees to Acquire Paradigm Ltd.

Thu, 07 Jun 2012 14:56:48 GMT

Funds advised by Apax Partners and JMI Equity have today announced an agreement to acquire Paradigm Ltd., the largest independent software vendor focused on the growing oil and gas exploration & production space, for approximately $1 billion in an all-cash transaction.

Apax Funds to Sell Plex Systems, Inc. to Francisco Partners

Wed, 06 Jun 2012 15:47:51 GMT

Funds advised by Apax Partners today announced a definitive agreement to sell Plex Systems, Inc. a pioneer in cloud-based ERP software for manufacturers, to Francisco Partners.

Funds advised by Apax Partners to acquire Orange Switzerland

Thu, 22 Dec 2011 16:12:03 GMT

Funds advised by Apax Partners today announced that they have entered an agreement to purchase 100 per cent of mobile phone operator Orange Switzerland from France Telecom Orange for approximately CHF2 billion (€1.6 billion).

Apax Partners to Acquire Epicor Software Corporation and Activant Solutions, Inc.

Mon, 04 Apr 2011 11:54:34 GMT

Funds advised by Apax Partners today announced that they have entered into definitive agreements to acquire Epicor Software Corporation.

Funds advised by Apax Partners to invest in iGATE, and iGATE to acquire a controlling stake in Patni Co.

Tue, 18 Jan 2011 09:56:31 GMT

Funds advised by Apax Partners to invest in iGATE, and iGATE to acquire a controlling stake in Patni Co.

Apax Partners announces first investment in Brazil

Fri, 19 Nov 2010 16:59:07 GMT

Funds advised by Apax Partners today announced they have entered into a definitive agreement to acquire a controlling interest in TIVIT, the leader in integrated IT and BPO services in Latin America.

Funds advised by Apax Partners announce the IPO of SMART Technologies, Inc.

Fri, 19 Nov 2010 16:59:07 GMT

SMART Technologies, Inc., a global provider of interactive whiteboards and complementary solutions to the education, business and government sectors, has closed an Initial Public Offering. The shares began trading on 15 July 2010 on the NASDAQ Global Select Market under the ticker symbol "SMT", and on the Toronto Stock Exchange under the ticker symbol "SMA".

Apax Partners Funds to acquire majority interest in Sophos plc

Fri, 19 Nov 2010 16:59:06 GMT

Sophos plc and funds advised by Apax Partners today announced that they have signed a definitive agreement in which Apax Funds will purchase a majority stake in Sophos plc, a leading IT security and data protection provider, from the founders of Sophos and TA Associates, valuing the company at US$830million.

Promethean World makes London Stock Exchange debut

Fri, 19 Nov 2010 16:59:05 GMT

Apax Partners announces that its portfolio company, Promethean World, a leader in the rapidly growing global market for interactive learning technology, today begins trading on the main market of the London Stock Exchange under the ticker symbol ‘PRW’ following its successful initial public offering.

Acquisition of Intelsat by Serafina Holdings provides exit for Apax Partners Consortium

Fri, 19 Nov 2010 16:58:46 GMT

Intelsat, Ltd., the world’s leading provider of fixed satellite services, today announced the successful closing of the acquisition of all of the primary equity ownership of its parent, Intelsat Holdings, Ltd.

Apax Partners to take minority stake in SMART Technologies

Fri, 19 Nov 2010 16:58:28 GMT

SMART Technologies Inc. announces that funds advised by Apax Partners will take a significant minority position in the company.

Funds advised by Apax Partners and TPG announce the sale of TIM Hellas to Weather Investments

Fri, 19 Nov 2010 16:58:10 GMT

Funds advised by private equity firms Apax Partners and TPG today announce the sale of TIM Hellas Telecommunications S.A., the third largest mobile phone carrier in Greece, to Weather Investments SPA.

Bain Capital and Apax Partners join private equity consortium purchasing majority stake in Philips' semiconductor unit

Fri, 19 Nov 2010 16:57:55 GMT

Bain Capital and Apax Partners today announced that they had signed definitive commitments to join an expanded private equity consortium that has agreed to acquire an 80.1 percent stake in the Semiconductor Division of Royal Philips Electronics.

Suzlon Energy signs definitive agreement for strategic acquisition of Hansen Transmissions

Fri, 19 Nov 2010 16:57:51 GMT

Suzlon Energy Limited ("Suzlon") announced today that its subsidiary, AE - Rotor Holding BV based in Netherlands, has entered into definitive agreements to acquire Hansen Transmissions International NV ("Hansen"), based in Belgium, one of the largest wind energy and industrial gearbox manufacturers in the world, for EUR 465 million (USD 565 million) enterprise value, in an all cash transaction.

Nordic Telephone Company's tender offer for all TDC Shares

Fri, 19 Nov 2010 16:57:49 GMT

Nordic Telephone Company expects to announce that it will complete the tender offer no later than 25 January 2006.

Providence Equity Partners to take sole ownership of Kabel Deutschland

Fri, 19 Nov 2010 16:57:45 GMT

Apax Partners and Goldman Sachs Capital Partners to sell their shareholdings. KDG is the Largest German cable operator and well-positioned to successfully roll-out triple play services.

Apax Partners Funds, Saban Capital Group and Arkin Communications (Apax Saban Arkin Group) completes acquisition of controlling interest in leading Israeli telecom company Bezeq

Fri, 19 Nov 2010 16:57:42 GMT

The group has acquired 30% of Bezeq's shares for 4.246 billion NIS ($923 million) and an option to purchase an additional 10.7% of the shares within the next four years.

Apax Partners’ Funds and Texas Pacific group to acquire control of Tim Hellas Telecommunications S.A. in a 1.1 billion Euro transaction

Fri, 19 Nov 2010 16:57:37 GMT

An acquisition company owned by private equity funds advised by Texas Pacific Group and Apax Partners signed a conditional acquisition agreement today with TIM International for the acquisition of its 80.87% shareholding in TIM Hellas Telecommunications S.A, the Greek wireless operator.