Fremont-based chip manufacturing equipment maker Asyst Technologies Inc. said Wednesday that Aquest Systems Corp. of Sunnyvale is potentially interested in buying the company for about $326.3 million in cash.

Aquest is offering $6.50 per share. Based on Asyst's 50.2 million shares outstanding as of June 4, the offer would total about $326.3 million. Asyst said its board is reviewing Aquest's unsolicited overture and has asked for additional information such as the availability of and sources committed to financing a potential deal.

Video

Video communications company Qumu, Inc. of Emeryville announced the completion of a $10.7 million Series C funding round lead by ATV (Advanced Technology Ventures) and joined by SAP Ventures, a division of SAP AG, Storm Ventures, Garage Technology Ventures, Halo Opportunity Fund and the Angels Forum. Qumu, which includes AT&T, Capital One, Dell, Microsoft and eBay among its customers, will use the funds to expand product development and further strengthen its sales and marketing operations.

Energy

Grace Cathedral of San Francisco will receive $65,000 from Pacific Gas and Electric Company for the installation of a new, state-of-the-art solar photovoltaic power system. The project supports the city's goals of increasing the use of clean, renewable power.

Real


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estate

Golden Bear Packaging has leased 92,000 square feet in Livermore, in a relocation of its operations from San Jose to the East Bay. The company is expanding into a larger facility, according to Cornish & Carey and Colliers International, the commercial realty brokerages that arranged the deal.

The 38-employee company makes corrugated boxes in an automated operation, and has moved into its new building, said Richard Schmidt, Golden Bear's president.

Compiled from staff and wire report. Got Bay Area business news? Reach Drew Voros at 925-943-8099 or dvoros@bayareanewsgroup.com.