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Boston-Power Inc., a maker of next-generation lithium-ion batteries, has closed a $45 million Series C funding round led by Oak Investment Partners aimed at helping take its laptop battery packs to market.

The company has raised more than $68 million since launching in 2005.

Westborough, Mass.-based Boston-Power's existing backers, Venrock Associates and Granite Global Ventures of Menlo Park, Calif., as well as Gabriel Venture Partners of Redwood Shores, Calif., joined Westport, Conn.-based Oak in the financing.

Continue reading at TechConfidential.com.

Back in March, Vertrue (NASDAQ: VTRU), which focuses on direct marketing services, announced a going-private transaction at $48.50 per share. The buyers included the company's management, One Equity Partners, Oak Investment Partners and Rho Ventures.

Well, it hasn't been a cake walk. You see, some investors thought the price was too low – and complained about it. Basically, Vertrue is truly a good business. Last year, revenues hit $659 million and EBITDA was $89.8 million.

No doubt, Vertrue tried to defend the price tag – but has now finally given up. Now, the price tag is $50 per share.

Doesn't seem like a lot? But, according to Brencourt Advisors – with a 28.1% stake – it's enough. And that's all that matters. What's more, the investment firm will have the option to buy a $25 million stake in the private company, which is known as an "equity stub."

Interestingly enough, the deal was too rich for Oak Investment Partners, which walked from the transaction.

To see other M&A transactions, click here.

Tom Taulli is the author of various books, including the Complete M&A Handbook and the EDGAR-Online Guide to Decoding Financial Statements.