Microbrewer of craft lager Freedom Brewery has just received GBP 1 million from Oakfield Capital Partners.
Deals
Crossroads gets US $10 mln line of credit from Fortress
Crossroads Systems Inc. gets US $10 million credit from Fortress Investment Group. An affiliate of Fortress Investment Group agreed to extend a US$10 million credit to Crossroads Systems Inc.
Facebook surpasses expectations, gains big
Facebook traded above USD 30 on Thursday for the first time in five months. For the first time in five months, Marc Zuckerberg's brainchild, Facebook Inc.
Kinderhook’s portfolio company CRA merges with CCD
Kinderhook Industries announced its acquisition of Comprehensive Clinical Development but no financial details were disclosed.
Google's two-pronged strategy: Chromecast and Google TV
It seemed that Google has a two-pronged strategy in mind involving the Chromecast and Google TV. Through the release of Chromecast, it seemed that Google may have finally found a "surefire way to get the Internet on your TV".
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It seemed that Chromecast will play a big role in placing YouTube videos in front of consumers via the TV.
Investors were flocking to several states to buy a house at a lower price albeit in cold cash. What do Nevada, Florida, Vermont, and New York have in common? It's the fact that more than half of house sales in these states involved all-cash transactions.
Google wanted a piece of the pie from ads and Chromecast could be the way to do so. Chromecast, a US$35 device for streaming video and other digital content from a mobile device, could be the bait to get the big fish Google has long sought.
India's DLF sells its shares in DLF Pramerica Life Insurance Company to Dewan Housing Finance Corp.
Prolexic Technologies raises US $30 million in series C financing led by new investors. Prolexic Technologies, a specialist in Distributed Denial of Service (DDoS) protection, raised US $30 million in series C funding led by Trident Capital and Intel Capital.
Electronic Arts Inc. stated that US$90 million of the company's overall revenue of US$103 million came from developing games for tech titans like Apple.
IFC infuses US $50 million in Credit Suisse Mexico Credit Opportunities Trust, bringing the trust’s total capital to US $550 million.
Adzuna has launched Jobsworth, a tool that gives a salary estimate of every job advertised. Classifieds search engine Adzuna has announced the launching of Jobsworth, a tool that enables users to view the salary estimate of any job advertised.
Apple bought back three times more share than expected. Apple recently had a major share buyback spree. The company bought back 36 million shares instead of the scheduled 10 million.
