Mass High Tech, ACG name top Tech Dealmakers for 2007

December 6, 2007, Mass High Tech: The Journal of New England Technology Mass High Tech newspaper and the Association for Corporate Growth Boston (ACG) announced the winners of the 2007 Tech Dealmaker Awards at the ACG Boston 2007 Tech conference Wednesday night. This is the first year for these awards that honor and recognize the most interesting, most complex and largest financial transactions involving New England-based high tech companies. The winners are also featured in a special supplement in Mass High Tech's Friday, Dec. 7 issue. "Massachusetts and New England is fast becoming the hub of the innovation economy and innovative approaches to business and deal making like those practiced by our Top Dealmakers will keep the region a leader in the high tech field," said Mike Olivieri, publisher of Mass High Tech. A panel of independent judges evaluated the most interesting life sciences and technology merger and acquisition deals, initial public offerings and financial restructuring transactions from June 30, 2006 through June 30, 2007. To qualify for entry into the awards, at least one of the companies involved in the transaction had to be New England- based and the deals worth at least $5 million in value. "As the challenges of the high tech and life sciences industries change every day, it is companies like those represented by our finalists that will be able to adapt and keep this industry fresh, competitive and a vital part of our economy," said Gail Long, CEO of the Association for Corporate Growth Boston. The 2007 Tech Dealmaker Awards were part of the ACG Boston 2007 Tech Conference at the Sheraton Boston this week. ACG Boston's Annual Tech Conference this year featured panels on the Anatomy of a Tech Deal, DealSource and Networking as well as speakers from the high tech and financial industries. Tech DealMaker winners are: Top software/services M&A deal, buy side: Akamai Technologies Inc. Bought Netli Inc. for $117.63 million; Top software/services M&A deal, sell side: GeoTrust Inc. Bought by VeriSign Inc. for $125 million Top recapitalization/financing deal: Kronos Inc. Recapitalized by Hellman & Friedman ($1.8 billion); VideoIQ $8 million series A venture funding Top IPO: EnerNoc Inc. $99 million IPO; Top life sciences M&A deal, buy side: Inverness Medical Innovations Inc. Bought Biosite Inc. for $1.6 billion; Top hardware M&A deal, buy side: Haemonetics Corp. Bought Arryx Inc. for $26 million; Top hardware M&A deal, sell side: Cushcraft Corp., for its $90 million cash sale to Laird Technologies.

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