MPM Collects $140M for Fifth Fund, NEXX Files for IPO, Nuance Advances on Mac Market, & More Boston-Area Deals News

New England’s tech and life sciences firms inked lots of deals in the last week, with the software sector being particularly active.

Advanced RenewableEnergy Company of Nashua, NH, raised $5 million of a $10 million equity round, according to regulatory filings. Nicknamed ARC Energy, the company makes equipment for growing and processing the sapphire crystals used in LEDs.

—Woburn, MA-based Excelimmune, a developer of human antibody-based drugs, raised $1 million in a Series B financing.

—Semiconductor equipment maker NEXX Systems of Billerica, MA, filed for an initial public offering worth as much as $42 million.

—MPM Capital, a Boston-based life sciences investment firm, raised $140 million for its fifth BioVentures fund, according to regulatory filings.

—Cambridge, MA-based GenArts, a provider of visual effects software, acquired two widely used plug-in collections, called Tinder and Tinderbox, from The Foundry, a London-based rival. Wade wrote about how the deal fits into GenArts’ plans to become a leading special effects plug-in vendor.

—Ironwood Pharmaceuticals (NASDAQ: [[ticker:IRWD]]) raised an additional $28 million when the underwriters of its February 2 IPO exercised their options to buy 2.5 million additional shares. All told, Ironwood raised $203 million from its debut, after expenses and fees.

—A syndicate of private equity firms including Advent International, Bain Capital, and Berkshire Partners bought out Dublin, Ireland-based SkillSoft (NASDAQ:[[ticker:SKIL]]) software maker for about $1.1 billion. SkillSoft’s U.S. headquarters are in Nashua, NH.

—Cambridge-based PatientsLikeMe, which runs a social networking site for patients with a variety of ailments, acquired Hungarian online pain management firm ReliefInsite for an undisclosed sum.

—Burlington, MA-based voice and imaging software maker Nuance Communications (NASDAQ: [[ticker:NUAN]]) acquired Salem, NH’s MacSpeech. The deal will help Nuance expand into the Mac market.

Author: Rebecca Zacks

Rebecca is Xconomy's co-founder. She was previously the managing editor of Physician's First Watch, a daily e-newsletter from the publishers of New England Journal of Medicine. Before helping launch First Watch, she spent a decade covering innovation for Technology Review, Scientific American, and Discover Magazine's TV show. In 2005-2006 she was a Knight Science Journalism Fellow at MIT. Rebecca holds a bachelor's degree in biology from Brown University and a master's in science journalism from Boston University.