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Growth market investor Abraaj sells HFC Bank stake

The Abraaj Group exits its HFC Bank investment after signing an agreement with Republic Bank Limited.


synlab acquires 100% ownership of Medicap Holdings

synlab acquires Medicap Holdings from Baltcap but financial details of the transaction were not revealed.

Hansen Medical raises up to US $98 mln in equity financing

Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.

Series C financing secures for Dropcam US $30 million in capital

Dropcam gets additional US $30 million funding, raising its total capital to US $47.8 million Dropcam announced on Wednesday that it managed to raise US $30 million in third round funding, led by investor Institutional Venture Partners.


Latest News

Wild Craze secured a US $2 million loan from TCA Global, which it intends to use for expansion. Wild Craze Inc. gets a business boost after TCA Global Credit Master Fund agreed to extend a US $2 million senior secured loan to the company, with an initial draw down of US $300,000.
John's Incredible Pizza gets US $17.4 million investment from Praesidian Capital. John's Incredible Pizza secured US $17. 4 million, representing first lien debt, from Praesidian Capital, one of the market leaders in debt capital options for small & medium businesses and mid-sized organizations.
Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.
According to a Google research, Canada's smartphone market increased. Canadians have been bitten by the smartphone bug, according to Google's latest report on smartphone ownership in the country.
HTC was considered as the "biggest victim" by an industry analysis from Citi. It is close to impossible for HTC to perform a comeback after losing horribly in the global smartphone race, according to analysts in the industry.
BMC Software Finance Inc. said it intends to offer USD 1,380 million in senior notes through a private placement.
A source said that unless Dell's special committee revises the voting standard, talks of Dell's buyout by CEO Michael Dell and private equity firm Silver Lake will collapse.
According to research, almost 64% of Australians owned a smartphone. According to new research on the Australian smartphone market, almost two thirds of the entire population of the continent owned a smartphone.
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Merz Pharma acquires Neocutis in an effort to boost its presence in the field of both medical and cosmetics.