IPO

SunGuard Data Systems, Inc., a software developer for banks, schools, and governments, has retained JP Morgan and Goldman Sachs to take it through an IPO later this year. The company hopes to raise around $750 million at a valuation of around $7 billion. This is a fraction of the $11 billion that Silver Lake, Bain Capital, KKR, the Blackstone Group, and others paid for it in 2005, although the company has divested its disaster recovery unit and paid out a $720 million dividend over the past ten years.

M&A

Google has bought Timeful, a scheduling application founded by Yoav Shoham and Jacob Bank, AI researchers from Stanford, and Dan Ariely, a behavioral economist from Duke. The company had raised $7 million last year from investors like Kleiner Perkins and Khosla Ventures. “We’re excited about all the ways Timeful’s technology can be applied across products like Inbox, Calendar, and beyond,” said Alex Gawley, Google’s Director of Product Management, in a blog post about the acquisition. Terms of the deal are currently undisclosed.

German on-demand food delivery service DeliveryHero has acquired its Turkish competitor Yemeksepeti for $589 million in cash and stock. Yemeksepeti processes more than 3 million orders per month in Turkey, Greece, and other Middle Eastern markets like Qatar, Jordan, and Saudi Arabia. DeliveryHero, for its part, currently operates in 28 different countries, excluding the United States, and has raised $1.3 billion on its own.

AppAnnie, a mobile app analytics company, has acquired Mobidia, a fellow collector of data in the mobile app space. Terms of the deal are not being disclosed, but the deal involves a combination of cash and stock, according to TechCrunch. Mobidia, based in Vancouver, and its 30 team members, will form AppAnnie’s 12th office. AppAnnie has raised $95 million from investors like Institutional Venture Partners, Greycroft Partners, and Sequoia Capital.

Yelp has retained bankers to explore a possible sale, according to The Wall Street Journal. The online urban consumer guide went public in 2012 and has a current market capitalization of around $3.75 billion.

Uber has a $3 billion outstanding offer for Nokia’s mapping business, Here. The bid will compete with one from a consortium between the Chinese search engine Baidu and automakers BMW, Audi, and Mercedes-Benz, and an undisclosed private equity investor.