IPO

Brooklyn tech darling Etsy has filed for an IPO that it hopes will raise $100 million. Etsy is an online marketplace for the sale of handmade and vintage goods backed by Union Square Ventures and Accel Partners, among others. The company reported $195 million in revenue last year alongside losses of $15 million, which are expected to “increase substantially” in the upcoming years, according to the company’s regulatory filing. The company will trade on Nasdaq, with Morgan Stanley and Goldman Sachs serving as lead underwriters.

M&A

Dutch chipmaker NXP will spend around $16.7 billion in cash and stock to acquire Freescale and its debt, creating a combined $40 billion semiconductor company that will be second to only Texas Instruments in terms of size. NXP currently focuses on making semiconductors for the automotive and payment industries and counts Apple and Samsung alients.s customers. Two-thirds of shares in Freescale, an Austin, Tx-based company, were owned by four private equity firms. It includes Blackstone, TPG Capital, and the Carlyle Group, who all acquired their stakes in a 2006 LBO.

Ola has acquired its fellow domestic ride-hailing service TaxiForSure for $200 million in cash and stock to continue to build out its lead over Uber in the Indian market. Ola, already operational in 67 cities, will add TaxiForSure’s 15,000 vehicles to its service with the acquisition. Uber, meanwhile, is only in 11 Indian cities and was recently embroiled in a high-profile rape case. Didi Dache and Kuaidi Dache, China’s two biggest domestic ride hailing apps, merged last month.

Visa has acquired TrialPay, an advertising-based transaction platform, for an undisclosed amount. With TrialPay, clients like Skype offer free trials of their premium services when users purchase products from the TrialPay client’s advertising partners. The Mountain view, Calif.-based company had previously raised $56 million from Visa and VC firms like Battery, Greylock, and DFJ.

Paypal will pay a reported $280 million to acquire Paydiant, a provider of white-label mobile wallet apps to retailers and banks. The move will allow Paypal to compete with new payment offerings from Apple, Google, and Samsung, even if it’s through the branded name of their retail partners. Paydiant had raised around $35 million in venture capital from firms like North Bridge and General Catalyst.

HP has finalized its purchase of Aruba Networks, the publicly traded maker of Wi-Fi network equipment. The deal is worth $2.7 billion, representing an over 30 percent premium on Aruba’s stock price at the end of February when rumors about the deal began to circulate.