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	<title>TECHdotMN &#187; M&amp;A</title>
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	<link>http://tech.mn</link>
	<description>Minnesota high tech news with an emphasis on the startup culture</description>
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	<managingEditor>Jeff.Pesek@tech.mn (TECHdotMN)</managingEditor>
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		<title>TECHdotMN</title>
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	<itunes:subtitle>Listen to the Tech.MN bi-monthly local startup spotlight podcast where we chat with Minnesota based tech entrepreneurs about their ventures. </itunes:subtitle>
	<itunes:summary>TECHdotMN is local news, analysis and resources for the benefit of Minnesota’s high tech startup community.  We are currently featuring our "local startup spotlight" show.  As we evolve, more other audio programs &#38; content will be created and published through iTunes.  </itunes:summary>
	<itunes:keywords>Minnesota, Innovation, Technology, Internet, Startup, Entrepreneur, Venture Capital, VC</itunes:keywords>
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		<item>
		<title>Largest Internet hub in the Twin Cities sold to Denver firm Cologix</title>
		<link>http://tech.mn/news/2012/05/16/minneapolis-minnesota-gateway-cologix/</link>
		<comments>http://tech.mn/news/2012/05/16/minneapolis-minnesota-gateway-cologix/#comments</comments>
		<pubDate>Wed, 16 May 2012 20:21:21 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[Cologix]]></category>
		<category><![CDATA[The Minnesota Gateway]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=17676</guid>
		<description><![CDATA[Via News Release &#8220;Cologix, a network neutral interconnection and colocation company, announced today, the acquisition of Minnesota’s premier network neutral interconnection and colocation provider, The Minnesota Gateway, located in the carrier hotel at 511 11th Avenue South in Minneapolis. The acquisition adds the leading position in Minneapolis, the 16th largest metro market in the United [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://www.prweb.com/releases/CologixMinnesotaGateway/511_11thAveDataCenter/prweb9505917.htm" target="_blank">News Release</a></p>
<blockquote><p>&#8220;<a href="http://www.cologix.com/en" target="_blank">Cologix</a>, a network neutral interconnection and colocation company, announced today, the acquisition of Minnesota’s premier network neutral interconnection and colocation provider, <a href="http://mngateway.com/" target="_blank">The Minnesota Gateway</a>, located in the carrier hotel at 511 11th Avenue South in Minneapolis.</p>
<p>The acquisition adds the leading position in Minneapolis, the 16th largest metro market in the United States, to the Cologix platform. The Minnesota Gateway operates the meet-me-room in the 511 building with 70 networks presented and is universally regarded as the place to colocate and connect in the region.&#8221;</p></blockquote>
<p><a href="http://www.prweb.com/releases/CologixMinnesotaGateway/511_11thAveDataCenter/prweb9505917.htm" target="_blank"><em>Read More&#8230;</em></a></p>
]]></content:encoded>
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		<slash:comments>2</slash:comments>
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		<item>
		<title>Pohlad backed Avtex acquires Reliant CCS</title>
		<link>http://tech.mn/news/2012/05/02/pohlad-family-companies-avtex-acquires-reliant-ccs/</link>
		<comments>http://tech.mn/news/2012/05/02/pohlad-family-companies-avtex-acquires-reliant-ccs/#comments</comments>
		<pubDate>Wed, 02 May 2012 19:03:31 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[Avtex]]></category>
		<category><![CDATA[Reliant CCS]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=17368</guid>
		<description><![CDATA[Via News Release &#8220;Minneapolis, MN – May 2, 2012 – Avtex, a provider of integrated, interaction solutions, today announced the acquisition of Reliant CCS, a contact center solutions provider based in Greenville, South Carolina. The acquisition expands Avtex’s already strong geographic reach by strengthening their presence in the southeast. Reliant CCS, founded in 2007, has [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://blog.avtex.com/2012/05/02/avtex-acquires-reliant-ccs/" target="_blank">News Release</a></p>
<blockquote><p>&#8220;Minneapolis, MN – May 2, 2012 – <a href="http://tech.mn/directory/companies/avtex/">Avtex</a>, a provider of integrated, interaction solutions, today announced the acquisition of <a href="http://www.reliantccs.com/" target="_blank">Reliant CCS</a>, a contact center solutions provider based in Greenville, South Carolina. The acquisition expands Avtex’s already strong geographic reach by strengthening their presence in the southeast.</p>
<p>Reliant CCS, founded in 2007, has built a solid portfolio of customer service focused solutions leveraging the Interactive Intelligence contact center platform and had recently started to expand its offering to include Microsoft Lync based Unified Communications solutions.&#8221;</p></blockquote>
<p><em><a href="http://blog.avtex.com/2012/05/02/avtex-acquires-reliant-ccs/" target="_blank"><strong>Read More&#8230;</strong></a></em></p>
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		</item>
		<item>
		<title>THQ sells off Chaska&#8217;s ValuSoft game division</title>
		<link>http://tech.mn/news/2012/04/25/thq-valusoft-cosmi/</link>
		<comments>http://tech.mn/news/2012/04/25/thq-valusoft-cosmi/#comments</comments>
		<pubDate>Wed, 25 Apr 2012 20:23:13 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[Cosmi]]></category>
		<category><![CDATA[THQ]]></category>
		<category><![CDATA[Valuesoft]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=17239</guid>
		<description><![CDATA[Via News Release &#8220;WESTMINSTER, Calif., Apr 25, 2012 (BUSINESS WIRE) &#8212; Cosmi, the 30-year value-priced consumer software pioneer, today announced the acquisition of Chaska, Minnesota-based ValuSoft, the PC value line of THQ Inc. The combination will make the new ValuSoft+Cosmi venture the second largest U.S. Retail Publisher of PC Games in units sold and the [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://www.marketwatch.com/story/cosmi-software-acquires-valusoft-division-of-thq-inc-2012-04-25" target="_blank">News Release</a></p>
<blockquote><p>&#8220;WESTMINSTER, Calif., Apr 25, 2012 (BUSINESS WIRE) &#8212; <a href="http://www.cosmi.com/" target="_blank">Cosmi</a>,        the 30-year value-priced consumer software pioneer, today announced the        acquisition of Chaska, Minnesota-based <a href="http://www.valusoft.com/store/valusoft/DisplayHomePage" target="_blank">ValuSoft</a>,        the PC value line of THQ        Inc.</p>
<p>The combination will make the new ValuSoft+Cosmi venture the        second largest U.S. Retail Publisher of PC Games in units sold and the        #1 Retail Publisher in the Value Software Category by units sold. The        acquisition was consummated through the creation of ValuSoft Finance        LLC, a sister company to Cosmi.&#8221;</p></blockquote>
<p><em><a href="http://www.marketwatch.com/story/cosmi-software-acquires-valusoft-division-of-thq-inc-2012-04-25" target="_blank"><strong>Read More&#8230;</strong></a></em></p>
]]></content:encoded>
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		<title>Sophia acquired by Capella Education Company</title>
		<link>http://tech.mn/news/2012/04/16/sophia-acquired-by-capella-education-company/</link>
		<comments>http://tech.mn/news/2012/04/16/sophia-acquired-by-capella-education-company/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 16:27:12 +0000</pubDate>
		<dc:creator>Mike Bollinger</dc:creator>
				<category><![CDATA[EduTech]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Public]]></category>
		<category><![CDATA[Startups]]></category>
		<category><![CDATA[Capella Education Company]]></category>
		<category><![CDATA[CPLA]]></category>
		<category><![CDATA[Don Smithmier]]></category>
		<category><![CDATA[Sophia Learning]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=16933</guid>
		<description><![CDATA[Capella Education Company (NYSE: CPLA) has acquired Minneapolis startup Sophia Learning on undisclosed terms. Launched just 13 months ago, Sophia is a social teaching and learning platform that connects students and teachers worldwide with tutorials on a huge range of academic topics. Developed by GoKart Labs, the Sophia community of students and teachers has grown [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignright size-full wp-image-7692" title="Sophia Learning" src="http://tech.mn/files/2011/01/Sophia-Learning.png" alt="Sophia Learning" /><a href="http://tech.mn/directory/companies/capella-education-company"> Capella Education Company</a> (NYSE: <a href="http://www.google.com/finance?cid=711053" target="_blank">CPLA</a>) has acquired Minneapolis startup <a href="http://tech.mn/directory/companies/sophia-learning/">Sophia Learning</a> on undisclosed terms.  Launched just 13 months ago, Sophia is a social teaching and learning platform that connects students and teachers worldwide with tutorials on a huge range of academic topics.</p>
<p>Developed by <a href="http://tech.mn/directory/companies/gokart-labs/">GoKart Labs</a>, the Sophia community of students and teachers has grown to encompass over 170 different countries, representing over 5,000 schools and universities.  The startup had made its own <a href="The startup had even made its own buy last year when Guaranteach " target="_blank">purchase last year when Guaranteach was acquired.</a> Capella plans to expand the reach through the new wholly owned subsidiary to offer nearly 30,000 academic tutorials and quizzes in areas including Algebra, Geometry, Physics, Chemistry and English.</p>
<p>Capella was <a href="http://tech.mn/news/2011/02/01/capella-sophia-learning/">Sophia&#8217;s original outside investor</a> and the former employer of Sophia and GoKart Labs founder <a href="http://tech.mn/directory/people/don-smithmier">Don Smithmier</a>.</p>
]]></content:encoded>
			<wfw:commentRss>http://tech.mn/news/2012/04/16/sophia-acquired-by-capella-education-company/feed/</wfw:commentRss>
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		<title>Stratasys merging with Israeli firm Objet for global 3D printing powerhouse</title>
		<link>http://tech.mn/news/2012/04/16/stratasys-merging-with-israeli-firm-objet-for-global-3d-printing-powerhouse/</link>
		<comments>http://tech.mn/news/2012/04/16/stratasys-merging-with-israeli-firm-objet-for-global-3d-printing-powerhouse/#comments</comments>
		<pubDate>Mon, 16 Apr 2012 11:58:09 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Public]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[Objet]]></category>
		<category><![CDATA[SSYS]]></category>
		<category><![CDATA[Stratasys]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=16923</guid>
		<description><![CDATA[Via News Release &#8220;MINNEAPOLIS &#38; REHOVOT, Israel&#8211;(BUSINESS WIRE)&#8211; Stratasys, Inc. (NASDAQ:SSYS), a leading manufacturer of 3D printers and production systems for prototyping and manufacturing applications, and privately held Objet Ltd., a leading manufacturer of 3D printers for rapid prototyping, today announced that the boards of directors of both companies have unanimously approved a definitive merger [...]]]></description>
			<content:encoded><![CDATA[<p>Via News Release</p>
<blockquote><p>&#8220;MINNEAPOLIS &amp; REHOVOT, Israel&#8211;(BUSINESS WIRE)&#8211;        <a href="http://tech.mn/directory/companies/stratasys/">Stratasys, Inc.</a> (NASDAQ:SSYS), a leading manufacturer of 3D printers and        production systems for prototyping and manufacturing applications, and        privately held <a href="http://www.objet.com/" target="_blank">Objet Ltd.</a>, a leading manufacturer of 3D printers for        rapid prototyping, today announced that the boards of directors of both        companies have unanimously approved a definitive merger agreement under        which the companies would combine in an all-stock transaction with a        combined equity value of approximately $1.4 billion, based upon the        closing price of Stratasys&#8217; common stock on April 13, 2012. The        transaction will position the combined company as a leader within the        high-growth 3D printing and direct digital manufacturing industry.&#8221;</p></blockquote>
<p><a href="http://investors.stratasys.com/releasedetail.cfm?ReleaseID=664239" target="_blank"><strong>Read More&#8230;</strong></a></p>
]]></content:encoded>
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		<item>
		<title>Atomic Learning acquired by Boathouse and Renovus</title>
		<link>http://tech.mn/news/2012/04/12/atomic-learning-acquired-by-boathouse-and-renovus/</link>
		<comments>http://tech.mn/news/2012/04/12/atomic-learning-acquired-by-boathouse-and-renovus/#comments</comments>
		<pubDate>Thu, 12 Apr 2012 16:43:41 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[Atomic Learning]]></category>
		<category><![CDATA[Boathouse Capital]]></category>
		<category><![CDATA[Granite Equity Partners]]></category>
		<category><![CDATA[Renovus Capital Partners]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=16885</guid>
		<description><![CDATA[Via News Release &#8220;Wayne, PA, April 11, 2012 – Boathouse Capital and Renovus Capital Partners are pleased to announce the acquisition of Atomic Learning, Inc.(“Atomic Learning”) from Granite Equity Partners. Boathouse and Renovus are private equity funds based outside of Philadelphia, PA.&#8221; Read More&#8230;]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://tech.mn/Atomic-Learning-Boathouse-Renovus.pdf" target="_blank">News Release</a></p>
<blockquote><p>&#8220;Wayne,  PA, April 11, 2012 – <a href="http://www.boathousecapital.com/" target="_blank">Boathouse Capital</a> and <a href="http://www.renovuscapital.com" target="_blank">Renovus Capital Partners</a> are  pleased to announce the acquisition of <a href="http://tech.mn/directory/companies/atomic-learning/">Atomic Learning, Inc.</a>(“Atomic  Learning”) from <a href="http://www.graniteequity.com/" target="_blank">Granite Equity Partners</a>. Boathouse and Renovus are  private equity funds based outside of Philadelphia, PA.&#8221;</p></blockquote>
<p><a href="http://tech.mn/media/Atomic-Learning-Boathouse-Renovus.pdf" target="_blank"><strong>Read More&#8230;</strong></a></p>
]]></content:encoded>
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		<title>3M Acquires clinical NLP software firm CodeRyte</title>
		<link>http://tech.mn/news/2012/04/10/3m-acquires-coderyte/</link>
		<comments>http://tech.mn/news/2012/04/10/3m-acquires-coderyte/#comments</comments>
		<pubDate>Tue, 10 Apr 2012 18:45:42 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[Health IT]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[3M]]></category>
		<category><![CDATA[3M health Information Systems]]></category>
		<category><![CDATA[CodeRyte]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=16811</guid>
		<description><![CDATA[Via News Release &#8220;ST. PAUL, Minn. – April 10, 2012 – 3M announced today that it has acquired CodeRyte, Inc., an industry leader in clinical natural language processing (NLP) technology and computer-assisted coding solutions for healthcare outpatient providers. Terms of the transaction were not disclosed. CodeRyte helps physicians and coders deliver fast, accurate and complete [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://www.coderyte.com/node/176" target="_blank">News Release</a></p>
<blockquote><p>&#8220;<strong>ST. PAUL, Minn. – April 10, 2012 – </strong><a href="http://tech.mn/directory/companies/3m/">3M</a> announced  today that it has acquired <a href="http://www.coderyte.com/" target="_blank">CodeRyte, Inc.</a>, an industry leader in  clinical natural language processing (NLP) technology and  computer-assisted coding solutions for healthcare outpatient providers.  Terms of the transaction were not disclosed.</p>
<p>CodeRyte helps physicians and coders deliver fast, accurate and  complete coding information immediately through its advanced NLP  technology. Its products include CodeAssist, CodeComplete and DataScout.  Since 2009, 3M has worked with CodeRyte to bring its computer-assisted  coding technology to more than 60 3M clients.&#8221;</p></blockquote>
<p><a href="http://www.coderyte.com/node/176" target="_blank"><strong>Read More&#8230;</strong></a></p>
]]></content:encoded>
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		<item>
		<title>Magnet 360 acquires Reside, forming &#8216;Social Enterprise Agency&#8217;</title>
		<link>http://tech.mn/news/2012/04/04/magnet-360-acquires-reside/</link>
		<comments>http://tech.mn/news/2012/04/04/magnet-360-acquires-reside/#comments</comments>
		<pubDate>Wed, 04 Apr 2012 21:02:46 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[Magnet 360]]></category>
		<category><![CDATA[Reside]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=16723</guid>
		<description><![CDATA[Via News Release &#8220;MINNEAPOLIS – April 4, 2012 – Magnet 360, a Minneapolis-based marketing and technology consultancy, today announces that it has acquired Reside, a Minneapolis-based cloud solutions firm, to establish a single entity that will provide a comprehensive set of social business services. The new business will operate under the name Magnet 360, with [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://tech.mn/files/2012/04/Magnet-360-Reside-Social-Enterprise-Agency.pdf">News Release</a></p>
<blockquote><p>&#8220;MINNEAPOLIS – April 4, 2012 – <a href="http://tech.mn/directory/companies/magnet-360/">Magnet 360</a>, a Minneapolis-based marketing and technology consultancy, today announces that it has acquired <a href="http://tech.mn/directory/companies/reside/">Reside</a>, a Minneapolis-based cloud solutions firm, to establish a single entity that will<br />
provide a comprehensive set of social business services. The new business will operate under the name Magnet 360, with a Minneapolis headquarters and an office in New York City.&#8221;</p></blockquote>
<p><a href="http://tech.mn/files/2012/04/Magnet-360-Reside-Social-Enterprise-Agency.pdf" target="_blank"><strong>Read More&#8230;</strong></a> | <strong><a href="http://tech.mn/files/2012/04/Magnet-360-Reside-Social-Enterprise-Agency-Q-A.pdf">The Q &amp; A Backgrounder</a></strong></p>
]]></content:encoded>
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		<item>
		<title>ReconRobotics Acquires Xollai</title>
		<link>http://tech.mn/news/2012/04/04/recon-robotics-acquires-xollai/</link>
		<comments>http://tech.mn/news/2012/04/04/recon-robotics-acquires-xollai/#comments</comments>
		<pubDate>Wed, 04 Apr 2012 14:34:18 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[M&A]]></category>
		<category><![CDATA[Sourced]]></category>
		<category><![CDATA[ReconRobotics]]></category>
		<category><![CDATA[Xollai]]></category>

		<guid isPermaLink="false">http://tech.mn/?p=16714</guid>
		<description><![CDATA[Via News Release &#8220;EDINA, Minn. – (April4, 2012) ReconRobotics, Inc., the world leader in micro-robot systems for defense and law enforcement, announced today that it has acquired Xollai LLC, a systems engineering firm with a broad base of intellectual property in automated guidance technology, optics-based autonomous control systems, and image processing and recognition. Xollai was [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://www.reconrobotics.com/contact/press_news_4-4-12.cfm" target="_blank">News Release</a></p>
<blockquote><p>&#8220;<strong>EDINA, Minn. – (April4, 2012</strong>) <a href="http://tech.mn/directory/companies/recon-robotics/">ReconRobotics</a>,  Inc., the world leader in  micro-robot systems for defense and law enforcement, announced today that it has acquired <a href="http://tech.mn/directory/companies/xollai/">Xollai LLC</a>,  a systems engineering firm with a  broad base of intellectual property  in automated guidance technology, optics-based  autonomous control  systems, and image processing and recognition.</p>
<p>Xollai was  the 2011  winner of the prestigious <em>Architect  of Defense</em> award given  annually by the Minnesota-based Defense Alliance,  which represents more  than 85 regionally based defense industry organizations.&#8221;</p></blockquote>
<p><a href="http://www.reconrobotics.com/contact/press_news_4-4-12.cfm" target="_blank"><strong>Read More&#8230;</strong></a></p>
]]></content:encoded>
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		<item>
		<title>PLATO buys Edutech SaaS firm Archipelago for $291m cash</title>
		<link>http://tech.mn/news/2012/03/05/plato-archipelago-purchase/</link>
		<comments>http://tech.mn/news/2012/03/05/plato-archipelago-purchase/#comments</comments>
		<pubDate>Mon, 05 Mar 2012 17:33:34 +0000</pubDate>
		<dc:creator>sourced</dc:creator>
				<category><![CDATA[EduTech]]></category>
		<category><![CDATA[M&A]]></category>
		<category><![CDATA[Archipelago Learning]]></category>
		<category><![CDATA[Plato Learning]]></category>
		<category><![CDATA[Thoma Bravo]]></category>

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		<description><![CDATA[Via News Release &#8220;MINNEAPOLIS – March 5, 2012 &#8211; PLATO Learning, a leading provider of online education solutions for kindergarten through adult learners, announced today it has entered into a definitive agreement to acquire Archipelago Learning (NASDAQ: ARCL), an award-winning software-as-a-service (SaaS) provider of supplemental education products. The acquisition enhances the comprehensive portfolio of education [...]]]></description>
			<content:encoded><![CDATA[<p>Via <a href="http://www.plato.com/company/news/press-releases/plato-learning-enters-agreement-acquire-award-winning-education-technolo" target="_blank">News Release</a></p>
<blockquote><p>&#8220;<strong>MINNEAPOLIS – March 5, 2012 &#8211; </strong><a href="http://tech.mn/directory/companies/plato-learning/">PLATO Learning</a>,  a leading provider of online education solutions for kindergarten  through adult learners, announced today it has entered into a definitive  agreement to acquire <a href="http://www.archlearning.com/" target="_blank">Archipelago Learning </a>(NASDAQ: ARCL), an  award-winning software-as-a-service (SaaS) provider of supplemental  education products.</p>
<p>The acquisition enhances the comprehensive portfolio  of education solutions that PLATO Learning provides to administrators,  educators and learners. PLATO Learning is backed by leading middle  market private equity firm <a href="http://www.thomabravo.com/" target="_blank">Thoma Bravo, LLC</a>.&#8221;</p></blockquote>
<p><a href="http://www.plato.com/company/news/press-releases/plato-learning-enters-agreement-acquire-award-winning-education-technolo" target="_blank"><strong>Read More&#8230;</strong></a></p>
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