General Electric, Rockwell Collins and Thales SA are among several parties interested in acquiringArinc Inc., an Annapolis, Md.- based aerospace and defense company that The Carlyle Group is planning to sell for between $1.2 billion and $1.5 billion, according to Reuters. www.carlyle.com

Chairul Tanjung has agreed to acquire an 80% stake in Indonesian pay television operatorTelkomvision from fellow billionaire Harry Tanoesoedibjo. No financial terms were disclosed, but Reuters reports that the deal is valued at less than $100 million. www.telkomvision.com

Delivery.com has agreed to acquire “the key assets” of Brinkmat LLC, including its New York-based site for free local pick-up and delivery of laundry, dry cleaning and tailoring. No financial terms were disclosed. Delivery.com backers include Cantor Ventures, the VC arm of Cantor Fitzgerald.www.delivery.com

Fluid Flow Inc., a Charlotte, N.C.-based distributor of valves, instrumentation and filtration products used by process industries, has acquired Mecca Resources Inc., a Naples, Fla.-based provider of solutions for small compressed air and gas manufacturing and distribution companies.www.meccares.com

Valeritas, a Bridgewater, N.J.-based maker of an insulin delivery device, has secured a $100 million structured debt financing with Capital Royalty LP. The company previously raised around $150 million in venture capital funding. www.valeritas.com

Salesforce.com (NYSE: CRM) has agreed to acquired ExactTarget (NYSE: ET) for approximately $2.5 billion, or $33.75 per share (52.7% premium to yesterday’s closing price). ExactTarget shareholders include Greenspring Associates (14.7%), Technology Crossover Ventures (12.32%) and Battery Ventures (6.51%). www.salesforce.com

Francisco Partners has sold QuadraMed Corp., a provider of access/identity management solutions for the healthcare IT market, to Constellation Software Inc. (TSX: CSU). No financial terms were disclosed. www.quadramed.com

GF Capital has sold Trade Service Company LLC to Trimble (Nasdaq: TRMB). No financial terms were disclosed. Trade Service is a San Diego-based provider of content acquisition, aggregation, management, publishing and distribution of product and pricing information for manufacturers, distributors and contractors. www.tradeservice.com

Kinderhook Industries LLC has sold QCSA Holdings Inc., a Davenport, Iowa-based provider of vehicle remarketing services, to Copart Inc. (Nasdaq: CPRT). No financial terms were disclosed.www.whyqcsadirect.com

IBM (NYSE: IBM) has agreed to acquire SoftLayer Technologies Inc., a Dallas–based cloud computing infrastructure provider. No financial terms were disclosed. Sellers would include GI Partners. www.softlayer.com

Continental Grain Co. said that it will exit its 6% stake in pork producer Smithfield Foods (SFD), rather than challenge Smithfield’s proposed $4.7 billion acquisition by China’s Shuanghui International. www.smithfieldfoods.com

McGraw Hill Financial Inc. (NYSE: MHFI) has agreed to purchase an additional 22% stake in listed Indian credit ratings agency Crisil Ltd. for approximately $336 million. The move would increase its ownership percentage to 75%. www.crisil.com

Porsche is in talks to buy a 10% stake in Mobileye, a developer of vision-based driver assistance systems for the automotive industry, according to Calcalist. www.mobileye.com

Silicon Storage Technology, a subsidiary of Microchip Technology (Nasdaq: MCHP), has acquired Novocell Semiconductor Inc., a Hermitage, Penn.-based provider of non-volatile memory technology. No financial terms were disclosed. www.novocellsemi.com

Bluebird Bio, a Cambridge, MA-based genetics company, has set its IPO terms to 5 million shares being offered at between $14 and $16 per share. It would have an initial market cap of around $328 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol BLUE, with J.P. Morgan and BoA Merrill Lynch serving as lead underwriters. It reports a $6.5 million net loss on $1.1 million of Q1  revenue. Bluebird Bio has raised around $130 million in VC funding, from Third Rock Ventures (28.1% pre-IPO stake), TVM Capital (14.3%), Fidelity Investments (11.8%), Arch Venture Partners (10.6%), Capital Research & Management Co. (9.2%), Forbion Capital Partners (7.4%), Deerfield Partners, RA Capital, Ramius Capital Group and Shire PLC.www.bluebirdbio.com

Cellular Dynamics International Inc., a Madison, Wis.-based maker of human-induced pluripotent stem cells and tissue cells, has filed for a $57.25 million IPO. It plans to trade on the Nasdaq under ticker symbol ICEL, with J.P. Morgan serving as lead underwriter. The company reports a $22 million net loss on $6.6 million in revenue for 2012. It has raised more than $100 million in VC funding since 2004, from Tactics II Stem Cell Ventures (56.4% pre-IPO stake), Sixth Floor Investors (17.3%), Equity Group Investments (7.9%) and G Force Investments. www.cellulardynamics.com

Qingdao Port (Group) Co., a Chinese port terminal operator, is planning to raise between $200 million and $300 million in a Hong Kong IPO, according to the WSJ. The float could occur by Q1 2014.www.qdport.com

Tecogen Inc., a Waltham, Mass.-based maker of combined heat and power products, has filed for a $25 million IPO. It plans to trade on the Nasdaq under ticker symbol TGEN, with Northland Capital Markets and Scarsdale Equities serving as co-lead underwriters. The company reports around $15 million in 2012 revenue. www.tecogen.com

Althon Energy Inc.,a Fort Worth, Texas-based oil and gas company focused on the Permian Basin, has filed for a $345 million IPO. It plans to trade on the NYSE under ticker symbol ATHL, with Citigroup serving as lead underwriter. The company reports $53 million of net income on $157 million in revenue for 2012. It is controlled by Apollo Global Management. www.althonenergy.com

Colony American Homes Inc., a New York-based single-family residential REIT sponsored byColony Capital, has postponed an IPO that had been expected to price last night. The WSJ cites sources who say “market conditions” have delayed the offering, which was designed to sell 20 million shares at between $11.50 and $13 per share. Credit Suisse, Morgan Stanley and BoA Merrill Lynch are serving as lead underwriters. www.colonyamerican.com

Grana y Montero, a Peruvian engineering and construction company, has filed for a $460 million IPO. It plans to trade on the NYSE under ticker symbol GRAM, with Credit Suisse listed as left lead underwriter. www.gym.com.pe

PTC Therapeutics Inc., a South Plainfield, N.J.-based developer of drugs that target post-transcriptional control processes, has set its IPO terms to 6.9 million shares being offered at between $13 and $16 per share. It would have an initial market cap of around $322 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol PTCT, with J.P. Morgan and Credit Suisse serving as lead underwriters. PTC reports a $26 million net loss on $34 million in revenue for 2012, compared to $30 million in net income on $105 million in revenue for 2011. It has raised over $170 million in VC funding, from Credit Suisse First Boston (14.8% pre-IPO stake), HBM Healthcare Investments (12%), Vulcan Capital (9%), Brookside Capital Partners (7%), Celgene (7%), Delphi Ventures (6.3%), Novo A/S and The Column Group. www.ptcbio.com

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