Acquisition

Microsoft-Nokia acquisition deal to close on Friday

Microsoft's deal to acquire Nokia valued $7.2 billion have been set to close on Friday which is also in time for the company's target saying that the deal was expected to close during the first quarter of 2014.

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Lighthouse Funds acquired 12.5 percent in Bikaji Foods International

Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.

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Apple Inc. to acquire a controlling stake in Renesas Electronics

US smartphone giant Apple Inc. had been in discussion with Renesas Electronics to buy a controlling stake in the company, according to a source familiar with the matter said a Reuters report.

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Vista Equity Partners purchases PeopleAdmin

US-based private equity firm Vista Equity Partners has bought talent management-focused software-as-a-service provider PeopleAdmin Inc for an undisclosed amount, a statement about the acquisition said.

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Oculus acquisition fuel interest in virtual reality startups

The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.

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Triton funds ink deal to purchase Norway-based oil services firm Cubility from Energy Ventures

Cubility, the maker of MudCube, has been bought by funds advised by Triton from Energy Ventures for an undisclosed price tag, a statement about the acquisition said.

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Palo Alto Networks acquires Israeli cyber security firm Cyvera in $200M deal

Palo Alto Networks, a cyber security firm based in Santa Clara, California, has bought Israel-based cyber security company Cyvera for a price tag of $200 million, TechCrunch reported.

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Walt Disney Company purchases Maker Studios for $500M

California-based YouTube online video content network Maker Studios has been acquired by The Walt Disney Studios in a deal valued at $500 million, TechCrunch reported.

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XO Group acquires recipe aggregation platform Gojee

Gojee, a recipe-finding site, has been acquired by the XO Group for an undisclosed amount, after talks with other possible acquirers like Yahoo failed, TechCrunch reported.

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Vimeo purchases video-making app Cameo

High-quality video platform Vimeo bought iOS video-creation app Cameo backed by Great Oaks Venture Capital. Financial terms of the acquisition were not provided, VentureBeat reported

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Michigan-based Blackford Capital purchases Grand Transformers Inc

Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.

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Netchemia purchases SchoolSpring to add to its teacher-focused talent management software

Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.

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GSN Games finally said to close acquisition of India-based Bash Gaming for $165M

GSN Games has finally completed its acquisition of Bingo Bash maker Bash Gaming, a games platform based in India, for about $165 million, sources confirmed to TechCrunch.

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Russia-based Yandex purchases Israeli firm KitLocate

Russian search company Yandex has bought KitLocate, an Israeli startup that provides iOS and Android developers with an SDK to make their apps be location aware, for "several million euros," TechCrunch reported.

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Private equity firm Carlyle Group and other investors to purchase majority stake in metals trader

Private equity firm Carlyle Group and other investors will be purchasing a majority stake in Traxys Group, a physical metals and minerals commodity, logistics and trading company, Reuters reported.

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