Nearshore Journal

Darby Overseas Investments, the PE arm of Franklin Templeton Investments,said that its Darby Technology Ventures Fund sold Atvi to Euronet Worldwide. Ativi is a Brazilian prepaid payments processor. Financial terms were not announced.
PRESS RELEASE
Darby Overseas Investments, Ltd. (”Darby”), the private equity arm of Franklin Templeton Investments, announced that its Darby Technology Ventures Fund (”DTV”) sold [...]

HOUSTON, Sep 01, 2010 (BUSINESS WIRE) — EquaTerra, a global business advisory firm, today announced it has appointed Rick Bertheaud to lead its Finance and Accounting (F&A) Advisory practice, and Sarah Pfaff to lead its Procurement and Supply Chain Advisory group.
Bertheaud has more than 25 years of expertise in process redesign, organization restructuring and change [...]

By Bharghavi Nagaraju
Bangalore: Mid-sized Indian outsourcer MphasiS is looking at opportunities to buy companies with annual revenues of $50 million to $100 million to strengthen its presence in financial, telecom and healthcare services, its chief executive said on Thursday.
Ganesh Ayyar said MphasiS, a unit of Hewlett-Packard Co, would use its cash reserve of $320 million [...]

HP has acquired Stratavia, a Denver-based provider of database and application automation solutions. No financial terms were disclosed. Stratavia had raised around $11 million in VC funding from Asset Management Co., Adams Street Partners and Vista Ventures.
PRESS RELEASE
HP (NYSE:HPQ) today announced it has acquired Stratavia, a privately held database and application automation company based in [...]

Cisco has acquired ExtendMedia, a Newton, Mass.-based provider of video content management systems. No financial terms were disclosed. ExtendMedia had raised around $33 million in VC funding, from firms like Atlas Venture, TVM Capital and Venrock.
PRESS RELEASE
Cisco today announced its intent to acquire privately-held ExtendMedia, a leading provider of software-based Content Management Systems (CMS) that [...]

More so than other executives, Chilean entrepreneur and academic Rodrigo Jordán has a right to claim that a tough day in the office is like scaling a mountain. That’s because after leading South American teams to the peaks of Mount Everest and K2, he set up Fundación Vertical, an educational mountaineering non-profit for underprivileged children, [...]

Chile’s economy appears to have held up well against significant recent headwinds, and some private sector observers go so far as to suggest that growth rates similar to the 7% of the “Golden Decade” of 1987 to 1997 may be realized again. But circumstances have changed since then, experts note, and to achieve this goal, [...]