VENTURE CAPITAL POST

The merger of online video ad platforms Ebuzzing and Teads will create a global video ad group that will continue to provide complementary offerings to its clients, TechCrunch reported.

Nokia said its $7.2 billion deal with Nokia is set to close on April and not in the first quarter of this year as was originally planned, TechCrunch reported.

The merger between Silverado Power and Sustainable Power Group or sPower, an independent power producer majority owned by private investment firm Fir Tree Partners, has finally been completed, with the newly-created firm to be called sPower.

Tencent Holdings Ltd and JD.com Inc are in talks to join forces and consolidate their e-commerce operations, according to two people familiar with the matter interviewed by Bloomberg.

Mobile analytics company Kontagent which merged with PlayHaven last month was able to raise $4.8 million, according to a VentureBeat report which cited a Securities and Exchange Commission filing.

The consolidation of security software companies FireEye and Mandiant was said to have signaled the hesitation of US firms to entrust the federal government the responsibility to protect its computer systems and will turn to private security providers instead, said a New York Times report.

In an announcement made today, Groupon said it has completed its $260 million acquisition of LivingSocial Korea, which is the holding company of Korean ticket and e-commerce company Ticket Monster.

Competition Commission of India (CCI), the fair trade regulator, said in a published order that it has given its approval for the planned merger of steel companies Shree Uttam Steel and Power and Uttam Galva Steels.

Despite the relatively low price Fiat managed to score in its buyout of Chrysler Group LLC, analysts said the ballooning debt of Fiat should be something to worry about.

Sprint Corp's shares climbed as much as 15% earlier in trading day today as speculation that it will be merging with rival T-Mobile US Inc rises, said a Bloomberg report.

Russian oil producer Rosneft said on Friday that it does not have any plans to make strategic acquisitions after agreeing to acquire Morgan Stanley's oil trading unit last week.

Gogolook chief executive officer Jeff Kuo confirmed to TechCrunch about the company's merger with Korean Internet company and LINE app owner Naver, which was worth TW$529 million or $17.6 million, according to a state report.

Two of the top websites that link businesses with freelancers, Elance Inc and ODesk Corp, have merged to form a service with 8 million registered individuals.

The acquisition by dual location-based chip manufacturer Avago Technologies Ltd of LSI Corp marked the second biggest acquisition in the semiconductor industry for this year, said a Businessweek report.

A Sprint and T-Mobile merger will most likely not happen as the former needs to overcome certain hurdles to ensure that a smooth transition could take place, according to a ZDNet article.