SmartyPants partnered with crowdfunding platform CircleUp to score USD 2.59 million in financing from new and current investors.
Deals
Ally seeks to repay USD$1 billion bailout
Ally Financial Inc. said through a statement that it had sought to repay a bailout debt valued USD1 billion.
BRE sale inevitable due to the company’s lagging value
BRE Properties Inc. declined a takeover deal priced USD4.6 billion as the valuation of the company was severely discounted.
Barnes and Noble sales plunged further after cancelled bid
Barnes & Noble's sales weakened after CEO Leonard Riggio cancelled his offer to purchase stores.
Zillow announces public offering after StreetEasy deal
After its announced acquisition of StreetEasy for USD50 million in cash, Zillow Inc. was said to sell its share for USD82 per share piece.
Latest News
H.I.G. Capital-backed Harrison Gypsum acquired the Eagle Ford Division of Pinnacle Materials. Global private equity investment company H. I. G. Capital announced the acquisition of the Eagle Ford Division of Pinnacle Materials.
A Reuters report stated that Amazon Inc invested a massive USD13.9 million on warehouse facilities to strengthen its expansion.
BHP Billiton finally makes a major investment after declaring last year that the mining company will not partake in any big expenditures.
KKR inked a definitive agreement to buy RigNet Inc from Cubera. Leading investment company Kohlberg Kravis Roberts & Co (KKR) signed a definitive agreement to acquire RigNet Inc.
Semiconductor company Ambiq Micro raised USD 10 million for its Series B round. Texas-based Ambiq Micro closed its Series B funding round with USD 10 million.
Hannover Re said it was in talks with Lloyd's Banking Group-owned Heidelberger Leben for a possible purchase of a minority stake.
Baring Private Equity Asia is planning to buy shares in Indian software company Hexaware Technologies.
Cairn Energy said its planned explorations in Northwest Africa and Ireland yielded up to 25% chance of success compared to its exploratory project in Greenland.
Glencore announced plans to sell off parts of recently acquired Xstrata assets. Glencore took a hit on Xstrata's mining assets for USD 7. 7 billion on Tuesday .
