JP Mogran, HSBC and Merill Lynch offer bridge loan to Singapore's OCBC

Three banks have offered a bridge loan for the acquisition of Singapore's Overseas-Chinese Banking Corp Ltd. over Wing Hang Bank, reported Reuters citing sources familiar with the matter.


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.

Bitcoin derivatives platform BTC gets funding from Seedcoin

Bitcoin derivatives trading platform BTC.sx has secured funding from Seedcoin Fund, BTC.sx Chief Operating Officer George Samman told Reuters on Tuesday.

German smart headphones The Dash breaks crowdfunding goal by reaching $3M mark on Kickstarter

Munich, Germany-based smart headphones The Dash broke its $260,000 crowdfunding goal on the Kickstarter platform by reaching a total of more than $3 million for the whole campaign.


Latest News

Lexington, US-based healthcare IT service provider Imprivata filed for an initial public offering (IPO) to raise $115 million on the New York Stock Exchange (NYSE).
Pasadena, US-based tablet mobile and gaming startup Industrial Toys scored $5 million in a Series A funding round from Accel Partners to launch a beta version of new title Midnight Star and add more content and titles to its portfolio.
Santa Clara, US-based startup Crossbar bagged $25 million in its Series C funding round to expand the memory of a postage stamp-sized chip to one terabyte and make it 20 times faster that the best flash storage at present.
Palo Alto, US-based stealthy startup Citizen.VC raised $4 million in funding out of a reported $12-million round, based on a document filed with the US Securities and Exchange Commission.
Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.
London, UK-based language learning startup Fluentify took home $410,000 in angel investment in a round led by former Barclays exec Stefano Marsaglia to beef up its workforce and service in Southern Europe.
ClearStory Data was able to get $21 million for its Series B funding round led by DAG Ventures and joined in by other backers, TechCrunch reported.
New York, US-based app developer Handshake nabbed $8 million in its Series A funding round led by Emergence Capital Partners to expand its wholesale sales order management app.
New York, US-based fitness startup Classtivity rebranded as ClassPass as it closed $2 million in a seed funding round from several angel investors to help customers stick more to its workout program.
Resistive RAM technology pioneer Crossbar Inc obtained $25 million for its Series C financing round from its current backers and new investors, a statement about the funding said.