According to sources that told Reuters, mortgage software company Ellie Mae had hired Morgan Stanley to try to sell the company.
Deals
LinkedIn plans USD1 billion stock offering
LinkedIn Corp said last Thursday that it would sell additional USD1 billion of its Class A common stock.
Safeguard Scientifics lead other investors in Series B round for Quantia Inc.
In its latest Series B financing round, Quantia was able to raise a total of USD10 million from major and current investors.
Starboard says several investors are willing to pay more for Smithfield
According to activist hedge fund Starboard Value, there had been several investors who were willing to pay more for Smithfield Foods than the offered price of China's Shuanghui International Holdings.
Bankruptcy ends for Kodak
After filing bankruptcy protection last year, Kodak said last Tuesday that it had finally exited bankruptcy.
Latest News
Last Tuesday, Bank of America Corp announced to sell its remaining stake in China Construction Bank Corp for USD1.5 billion.
Following the announced sale of Nokia to Microsoft Corp, BlackBerry shares jumped to as much as 3.6% last Tuesday.
Security solutions firm KeyLemon receives funds through Series A investment. One of the leading service providers of face and speaker recognition speaker solutions for security and authentication purposes, KeyLemon, announced the close of a Series A investment.
With nearly USD30 billion retained from the buyout, Vodafone is gearing towards expansion and technology upgrades.
The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business. ProsiebenSat. 1 private equity owners are selling off an 11% share in the free-to-air broadcaster from Germany.
TRG is the new firm formed from the merger of Citi Venture Capital International and Rohatyn Group. In order to manage emerging-markets assets, Citigroup Inc has laid out plans to combine its Citi Venture Capital International with the Rohatyn Group under undisclosed terms.
According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
Nearly USD50 million was received by Lithium Technologies in its latest funding round. One of the developers of social-networking software solutions for firms, Lithium Technologies Inc, announced the raising of USD50 million during a funding round.
In an interview conducted by newly-acquired newspaper the Washington Post, Amazon.com Inc. CEO Jeff Bezos said that he would be applying his management style in Amazon to the beleaguered newspaper.
