An infographic shows that investors have invested $3.6 billion in 2013 in companies focused on big data, comprising close to three quarters of the money poured into these firms from 2008 to 2012.
General Motors Co announced its plans on Monday to invest about $1.3 billion in its five plants across the US to improve its output and create a new transmission, according to a Reuters report.
A report by Grant Thornton, an American accounting and advisory firm, said that Indian corporations closed as many as 393 private equity deals totaling $9.67 billion in the past 11 months of the year.
The pension funds in Canada were said to have shifted towards private equity in their quest to avoid fees and improve performance to better serve the needs of its retirees, a Businessweek report said.
Asian buyout firm PAG has committed $250 million in theme park operator Universal Studios Japan. The said fund will be used to develop a new Harry Potter attraction and expand into other parts of Asia.
Boston-based private equity firm Mansa Capital Management was able to get additional funding worth USD 15 million for its initial healthcare fund, bringing to USD 50 million in total funds.
Monsanto Company and Novozymes A/S formed a strategic cooperation called "The BioAg Alliance" in order to capitalize each other's capabilities in microbial technologies and commercial markets.
PaeDae founder and chief executive officer Rob Emrich explained to TechCrunch that it launched a debt-and-equity round instead to be able to obtain a sizeable amount of capital while being able to retain its position as an early acquisition target.
The role of private equity firms in Sweden are now under close scrutiny as the country rethinks its pioneering educational reforms that are emulated worldwide, a Reuters Insight report said.
WMI Holdings Corp. today announced that KKR & Co. L.P. has entered into a conditional commitment letter to make a strategic investment in the Company, dated December 8, 2013.
Institutional investors were putting more money to private equity funds as they bet on improved dealmaking in the next two years, according to a report.
STI, a developer and provider of education data management solutions, announced its acquisition of education app store Chalkable, of which the latter was rumored to be acquired for USD10 million.
Kidozen, a maker of software designed to create custom-made mobile apps, received USD5 million to scale its business after emerging from private beta in February this year.
California dealership Lamborghini Newport Beach marketing director Cedric Davy clarified that its sale of a Tesla Motors Inc. Model S electric car via Bitcoin did not mean the company is in the business of speculation.
Sketchfab, the online platform that can publish interactive 3D models, was able to raise USD 2 million in a round led by venture capital firm Balderton Capital.
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