Bessemer Venture Partners helps Qwilt expand delivery globally with US$16 million in funding. Online video platform provider Qwilt gained US$16 million in a series C financing round led by venture capital firm Bessemer Venture Partners.
Deals
Integrated Private Debt closes US$307 mln in fourth fund
Integrated Private Debt Corporation garners US$307 million for its fourth fund. Integrated Private Debt (IPD) Corp. , the private corporate debt unit of Integrated Asset Management Corp.
Apollo Global Management, Pitney Bowes sign agreement for management services unit
Apollo Global Management has agreed to pay US$400 million in cash for Pitney Bowes' management services arm.
Cubist Pharmaceuticals to purchase Trius Therapeutics
Cubist Pharmaceuticals said today that it has commenced into a definitive agreement to purchase Trius Therapeutics for USD707 million in cash.
Cubist Pharmaceuticals to purchase Optimer Pharmaceuticals
Cubist Pharmaceuticals Inc. and Optimer Pharmaceuticals Inc. announced today that it has signed a merger agreement valued at USD801 million in cash on a fully diluted basis.
Latest News
Europe's largest bank is forced to cut costs after profits drop nearly 50%. Europe's Deutsche Bank AG announced its plans to cut assets by EUR 250 billion (US$332 billion) earlier today, following the dramatic decline in its profits.
EGoM is set to decide pricing on the proposed sale of 3.56% stake in Neyveli Lignite Corporation on Wednesday.
EU gave PSA Peugeot through a state-funded financial aid valued at Eur7 billion to keep the company afloat.
Virginia-based media organization Local Voice rceives US$3 million in funding from Blue Heron Capital.
Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.
Bottlenose raised US $3.6 million in seed capital, which it intends to use for product development as well as hiring of more employees and marketing.
ZoomSystems acquires Vigix in a bid to offer their consumers more options and to enhance its position in the global scale.
The Hay Group acquires Metallumform in a bid to meet its customers demands and to expand its reach globally.
Scoop.it raised US $2.6 million in anew round of funding, bringing total capital to US $13.6 million.
