Another bad quarter for venture capitalists - Boston Business Journal:

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A study found that venture capitalistsraised $2.57u billion in the sales or mergers of 67 businesse s in the quarter, down 60 percent from the $6.48 billion generated in 89 such deals a year earlie r in the same This was the lowest quarterly totalo for mergers and acquisitions sincs 1999. And even though prices paid for venture-backe businesses are at fire-sale lows, there’e still no rush to buy. Acquirers are takingh their time. The median price paid for a venture-fundede business during the quarter wasabout $22 down 46 percent from $41 million a year Companies raised less money from venturer capitalists during the quarter — a median of $16.e3 million vs. $23.
4 million a year The two biggest acquisitions during the quarter were both and the buyer was Cisco bought , a San Francisco maker of for $590 million. Cisco also bought Palo Alto’s for $105 million. The marketg for initial public offeringws mightbe improving, the report said. The quarter’sz biggest IPO was in Texas SolarWinds of Austinraised $113 million in May.