Convergent.io Secures $10M Series A Funding From Andreessen Horowitz for Software-Defined Storage Networking

Convergent.io (www.convergent.io), an enterprise infrastructure startup, has closed a $10 million series A round of funding with Andreessen Horowitz.


Ancestry.com bids fall short of expectations-sources

Bids submitted earlier this month by private equity firms for Ancestry.com have fallen short of the company's expectations.

Qatar buys 22 pct stake in China investment firm CITIC Capital

A unit of Qatar's sovereign wealth fund has bought a 22 percent stake in CITIC Capital Holdings.

Deals of the day -- mergers and acquisitions

Bids, mergers, acquisitions and disposals involving European, U.S., Canadian and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.


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Hastings Diversified Utilities Fund said Pipeline Partners Australia has declined to match a sweetened A$1.4 billion ($1.47 billion) offer by the Monday deadline set by HDF.
News and developments in Asia private equity from Reuters News for the week ending Aug. 17. News and developments in Asia private equity from Reuters News for the week ending Aug.
Heineken NV (HEIN.AS) raised its offer for Fraser and Neave's (FRNM.SI) stake in the maker of Tiger beer to $6.35 billion on Friday.
Chemring Group Plc (CHG.L) said it had received a preliminary expression of interest from private equity firm Carlyle Group.
Liberty Media Corp has filed a new application with the U.S. Federal Communications Commission saying it plans to take full control of Sirius XM and its board.
Investor HgCapital has sold British pharmaceutical company Mercury Pharma to private equity firm Cinven for 465 $732 million.
Boardwalk Pipeline Partners LP (BWP.N) said it and a unit of its general partner Loews Corp (L.N) have agreed to form a joint venture to buy pipeline transportation company PL Midstream LLC for $625 million in cash.
Trulia Inc, an online real estate listing service, filed with U.S. regulators on Friday to raise up to $75 million in an initial public offering of its common stock.
Bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies. The following bids, mergers, acquisitions and disposals involving European, U.
A consortium formed by South Korean private equity fund STIC Investments and Hana Daetoo Securities was picked as the preferred bidder to acquire a 49 percent stake in unlisted defense company LIG Nex1 worth around $440 million.