Driverless vehicles as well as the data transfer between cars are on top of the agenda for the partnership between Continental AG and IBM.
Deals
American Surgical Assistants acquires ProAssist Surgical Associates
Great Point Partners announced the acquisition of ProAssist Surgical Associates by its subsidiary firm American Surgical Assistants.
Twitter will acquire MoPub to sell ads on third-party apps, to launch IPO next year
According to a Forbes news magazine article, Twitter Inc.'s acquisition deal of mobile ad exchange startup MoPub implied that it would be readying itself for an IPO next year.
Acquisitions drive value of hearing-aid makers- Nordea
Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.
Clarabridge scores USD 80 million in new funds
Clarabridge raised USD 80 million in equity investments from its new partners. Customer experience management (CEM) provider Clarabridge scored USD 80 million in equity investments in its latest funding round.
Latest News
SZITIC Commercial Property Ltd had prepared plans to undertake an IPO in the Hong Kong bourse worth around USD1 billion.
Sources told Bloomberg that PetroChina Co has set aside USD 10 billion to invest in gas fields in Russia.
The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.
Rafael Correa, President of Ecuador, would be relying on USD18 billion worth of oil resources inside the Yasuni National Park to save the country from going bankrupt.
The Malaysian state run oil firm informed the Venezuelan government of its withdrawal from the Carabobo-1 oil project.
Sources who disclosed to Reuters that Umpqua Holdings Corp. (UMPQ) was in advanced stages of closing an acquisition of Sterling Financial Corp for USD1.8 billion.
The government of Japan announced that by next month, it would begin to thresh out the details of a joint procurement plan for the purchase of liquefied natural gas.
The National Pension Service of South Korea increased its stake in six local companies as the government lengthened disclosure times for share purchases over 10%.
In an email provided to news agency Bloomberg News, Alibaba Group Holding Ltd founder Jack Ma insisted that the partnership system was meant to provide value to company's shareholders, employees and customers.
