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AssuredPartners adds Kentucky insurance firm Creech & Stafford

Florida, US-based insurance brokerage investor AssuredPartners Inc completed the purchase of Lexington, Kentucky-based insurance firm Creech & Stafford Insurance Agency Inc for an undisclosed amount.


Microsoft Corp Chair John Thompson: With Microsoft, the issue is focus

John Thompson, the Chairman of Microsoft Corp, said the software maker must set its sights on using the company's vast resources to propel it to the right direction, Bloomberg reported.

Connecticut consulting firm CBP buys Beacon Financial, takes majority stake in Beacon Retiree

Stamford, Connecticut-based private consulting firm CBP bought Warren, New Jersey-based employee group benefits firm Beacon Financial Group (BFG) and has taken a majority stake in Beacon Retiree Benefits Group (BRBG) for an undisclosed sum.

Lessons Indian startups can glean from the failed Facebook acquisition of Salorix

Important lessons can be learned from the failed acquisition deal of India-based social media analytics firm Salorix by Facebook, especially in India where the startup ecosystem is still in its infancy, TechCrunch reported.


Latest News

Chengdu, China-based photo editing mobile app Camera360 released its updated version which now has streamlined design and packed features, including one that lets users store photo data in the app's cloud service.
A Mannheim court dismissed the $2.2 billion lawsuit filed against it by patent holding firm IPCom in Germany on one of the "100" series patents the latter acquired from Robert Bosch GmBH, Bloomberg reported.
Hod Hasharon, Israel-based tech startup AtriNet bought itself out of its mother company, Nokia Solutions and Network's (NSN) domestic branch, for an undisclosed amount, to launch as an independent entity and continue the network technology it had developed.
After shuttering its operations this week, Tokyo-based Bitcoin exchange Mt. Gox told reporters that it will be seeking bankruptcy protection, The Wall Street Journal reported.
Nairobi, Kenya-based private equity firm Catalyst Principal Partners acquired Dar es Salaam, Tanzania-based heavy equipment rental and logistics firm EFFCO for an undisclosed amount as part of its strategy to invest in high-growth companies in eastern Africa.
Technology firms Prezi and Adobe are the two latest supporters of President Barack Obama's ConnectED Initiative which seeks to bring American education in step with modern technologies.
Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).
Citing a source, The Wall Street Journal blog Digits reported that embattled Japanese technology giant Sony has plans of selling its former headquarters in Tokyo, Japan.
Global private equity firm The Riverside Company has acquired Optima and related company Mec3 which makes ingredients for gelato, pastries and others, for an undisclosed amount.
Jerry Freedman and Russell Williams are among the members of the Oscars' voting body who would choose winners from the 24 listed categories, reported BBC.