Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.
Deals
Millennial Media to purchase Jumptap for USD225 million
Millennial Media Inc is to purchase Jumptap Inc for around USD225 million in stock. Millennial Media Inc agreed to purchase Jumptap Inc for around USD225 million in stock.
Facebook to acquire company specializing in voice translation software
Facebook announced that it would acquire Mobile Technologies, a company focused in developing voice translation software.
Generator Hostel on expansion mode
Generator Hostel is on acquisition spree backed by Patron Capital. The award winning urban design hostels group, Generator, had announced the acquisition of two further locations in both Paris and Rome.
Merging firms create new technology firm named Freedom Telecommunications
Wilcon and Freedom Dark Fiber Networks merge to create Freedom Telecommunications. The premier provider of best-in-class data center and fiber optic infrastructure, Wilcon, announced the entry into an agreement to acquire Freedom Dark Fiber Networks.
Latest News
Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
Arkami gathered USD 1.8 million in Series A funds to develop myIDkey. Arkami, maker of myIDkey, raised USD 1. 8 million in Series A funds. The round was led by McNeel Capital, Gordon Clemons, Mark Swanson and other unnamed angel investors.
Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.
Sources said ThyssenKrupp was considering the sale of its plant in Arizona as its Steel Americas sale stalled.
Alkhabeer Capital said it would put more investments in the Gulf region and seek listing in the local bourse.
Two sources told Reuters that Barclays was mulling the sale of its UAE retail banking operations. Two sources told Reuters that Barclays is considering a sale of its retail banking business in the United Arab Emirates (UAE).
Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
ATK won a contract with Orbital Sciences Corp. that would allow provision of the motor of solid rockets used for the latest air-launched space transport system.
