In the Asia/Pacific region, the Transportation sector came out on top in
deal activity with four deals worth $9 million, while companies
innovating in technology areas affecting Air Quality raised $23 million
across three deals. China led the region in number of deals with ten,
India followed with five, and Australia and Singapore each had one.
Advanced Materials: Volterra
Semiconductor Corporation, a California-based developer of
integrated circuits for power management, was acquired by Maxim
Integrated Products for $605 million. The company was backed by
investors including Kleiner Perkins Caufield & Byers, Intel Capital,
Dali Hook Capital Partners, and Integral Capital Partners.
a Germany-based developer of high-efficiency organic
light-emitting diodes (OLED), was acquired by Samsung for $350
million. The company was backed by TechnoStart, TechFund Europe,
Samsung Ventures, Omnes Capital, and others.
a provider of digital technology for power system regulation in
electronics, was acquired by Dialog Semiconductor for $345
million. The company was backed by VantagePoint Capital Partners,
Sigma Partners, Horizon Ventures, and others.
Waste Management: ecoATM,
a California-based provider of electronics recycling kiosks, was
acquired by Outerwall (operator of the Coinstar brand of
money-changing kiosks) for $350 million. The company was backed by
Claremont Creek Ventures, Tao Venture Capital, and Outerwall.
In North America, Uberís
large growth round sent the Transportation sector to the top of the heap
in terms of dollars invested, with $325 million across 14 deals. The
Energy Efficiency sector led by deal volume with 25 deals worth $122
million, while Solar ($154 million across 17 deals), Biofuels &
Biochemicals ($146 million across 14 deals), and Advanced Materials ($65
million across 12 deals) rounded out the list of most active sectors.
GLOBAL M&A AND IPO ACTIVITY
M&A transactions in clean technology sectors totaled 56 transactions in
3Q13, of which totals were disclosed for 24 transactions totaling $4.7
billion. In 26 of the 56 transactions, the targets were VCPE-backed
Notable venture exits were realized in the Advanced Materials, Energy
Efficiency, and Waste Management sectors through the following M&A