Lenovo to continue acquiring companies to drive growth

After its recent purchases of Motorola Mobility and IBM's server business, Chinese personal computer (PC) maker Lenovo said that it will continue its string of acquisitions to drive its growth.


Michigan-based Blackford Capital purchases Grand Transformers Inc

Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.

Netchemia purchases SchoolSpring to add to its teacher-focused talent management software

Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.

US-based SQL database startup VoltDB raises $8M in Series B funding

Bedford, US-based SQL database startup VoltDB raised $8 million in a Series B funding round led by an unnamed investor from Silicon Valley to scale databases both up and out.


Latest News

Thousand Oaks, US-based agricultural biotechnology seed firm Ceres Inc got $23 million from a recent public offering of common stock to be used for its operations and other corporate purposes.
Seed accelerator Joyful Frog Digital Incubator or JFDI.Asia was able to secure$2.1 in new funding led by Infocomm Investments and participated in by SpinUp Partners and Fenox, TechCrunch reported.
Star Scientific Inc, a dietary supplements maker based in Henrico County, US, secured $9.3 million through equity and funding deals from its investors as it struggles to achieve profitability and conquer liquidity problems.
California, US-based semiconductor startup Aquantia Corp closed $16 million in a Series G funding round led by Xilinx Inc as it prepares for its initial public offering (IPO) in the US.
GSN Games has finally completed its acquisition of Bingo Bash maker Bash Gaming, a games platform based in India, for about $165 million, sources confirmed to TechCrunch.
West Perth, Australia-based mineral exploration firm Rox Resources landed $3.3 million from the placement of 73.3 million shares to fund its nickel project in the Goldfields.
Dublin, Ireland-based oil exploration firm PetroNeft Resources raised $6.7 million (€4.8 million) in combined share placement and debt facility to support the development of its oilfield in Russia.
Russian search company Yandex has bought KitLocate, an Israeli startup that provides iOS and Android developers with an SDK to make their apps be location aware, for "several million euros," TechCrunch reported.
3D printing firm Zortrax is seeking to raise $3.5 million by issuing 10,000 unsecured bonds worth $329 each, carrying a 9% interest and to mature in three years, TechCrunch reported.
Palo Alto, US-based video discovery startup Boxfish bagged $7 million in a Series B funding round led by Atlantic Bridge to beef up its workforce and expand into new markets.