Digital commerce and payment processing services firm First Data acquired consumer loyalty platform Perka for an undisclosed consideration.
Microsoft Ventures, the software giant's newly formed investment arm, has made its first bet on startup SkyGiraffe, whose platform securely extends on-premise enterprise data and apps directly to mobile devices. The total amount of the strategic investment was not disclosed.
Business software firm Pegaystems acquired cloud-based mobile application development platforms provider Antenna Software--a move designed to enable enterprise IT clients to deliver improved customer experiences across multiple operating systems and devices. Financial details of the transaction were not disclosed.
Mobile security software firm Lookout has raised $55 million in strategic funding from investors including Deutsche Telekom, Qualcomm Ventures, Greylock Partners and Mithril Capital Management. Existing investors Accel Partners, Andreessen Horowitz, Index Ventures and Khosla Ventures also participated in the round, which nearly matches the $75 million in funding Lookout has raised since launching in 2007.
Apple has acquired personal assistant application Cue. Financial terms were not disclosed, although insiders told TechCrunch that Apple paid between $40 million and $60 million.
Mobile application discovery service Quixey (a Fierce 15 winner) has raised $50 million in Series C financing, vaulting the startup's total funding to $74.2 million. Chinese Internet giant Alibaba Group led the latest round, with existing investors Innovation Endeavors, TransLink Capital, U.S. Venture Partners Atlantic Bridge and WI Harper also participating.
Yahoo is acquiring Hitpost, the developer behind sports-themed mobile social applications including Sports Bet and Fantasy Football Polls. Financial terms were not disclosed.
When game developer PlayFirst purchased mobile ad firm Big Head Mode last month, many outlets reported the deal as an "acqui-hire" instead of a conventional merger or acquisition.
Struggling mobile device maker HTC has agreed to sell its remaining 24.84 percent stake in Beats Electronics back to the audio technology firm for $265 million.
eBay has reached an agreement to acquire digital commerce startup Braintree Payments Solutions for approximately $800 million in cash.