Siemens will gain EUR400 million from selling stakes in Nokia Siemens Networks. Siemens's recent exit from its Nokia Siemens Networks stake will net the engineering group a total of EUR400 million or US$530 million, according to the company's chief executive Joe Kaeser.
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White Deer Energy acquires J-W Measurement Company
White Deer Energy bought J-W Measurement Company for an undisclosed amount. White Deer Energy L. P. II, its affiliates and J-W Measurement Company's senior management team, bought J-W Measurement Company for an undisclosed amount.
Spotify growth doubled after expansion
Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Columbia Capital, Rho Ventures co-invest in media company Mandalay Sports
Private equity firms Columbia Capital and Rho Ventures purchase minority stakes in sports content producer Mandalay Sports Media.
Apigee, investors complete US $35 mln in new round financing
Apigee secured an equity funding worth US $35 million, which will be used to expand its presence globally.
Latest News
The recently-held talks between Apple and China Mobile could benefit both companies. The recently-concluded talks between Apple CEO Tim Cook and China Mobile Chairman Xi Guonhua could be beneficial to both, Reuters said in a report.
The company's latest smartphone release failed in the market despite good reviews. Nokia recently released its latest offering with the Lumia 1020.
The rejection of Fiat SpA's request to value 54,000 Chrysler shares by the Delaware Chancery Court allowed the United Auto Worker's retiree trust case to go to trial but Fiat remained unfazed.
NXT Capital raised US $783 million after it finished its senior debt fund raising. Chicago-based NXT Capital said it closed its US $783-million Senior Loan Fund II, L.
Sweco completes the acquisition of Vectura, making it the largest single company to offer engineering consultancy in Sweden.
The Australian TV media company hopes to raise AUD $1.2 billion in an initial public offering before this year ends.
Milan-based Telecom Italia's shares fell by 6.5% after Il Messaggero reported a capital increase that the company will suppose to tackle during its board meeting scheduled August 1.
Today, the merger between King & Wood Mallesons and SJ Berwin was concluded through approval votes by partners from different locations including China, Hong Kong, London and Australia.
Gilt Groupe new chief executive officer Michelle Peluso is trying to reorganize the company to get workers energized about flash sales even as competitors see this move as a fad that would shy away investors.
