New York, US-based media asset management firm Dalet Digital Media Systems inked a deal to acquire Basingstoke, UK-based video transcoding firm AmberFin for an undisclosed amount.
Europe
Apple launches iPhone trade-in program in Germany
Cupertino, US-based smartphone giant Apple launched its iPhone trade-in program in Germany to allow its customers to purchase a new iPhone at a discounted price when they trade in a qualifying old device.
Former Zenith chairman buys stake in UK fleet management firm FMG
Former Zenith executive Andrew Cope bought a significant stake in Huddersfield, UK-based fleet management firm FMG for an undisclosed amount and will become part of the company's board.
UK innovation hub TrueStart raises $5M for European retail and consumer startups
London, UK-based innovation hub TrueStart raised $5 million in a seed funding round to invest in 20 retail and consumer startups in Europe every year and provide them with legal and recruitment support.
Irish hotel booking startup Hot Hotels bags $1M for international expansion
Ireland-based same-day hotel booking startup Hot Hotels bagged $1 million (€730,000) in funding from private investors and accelerator funds to fuel its expansion into Europe and South America.
Latest News
Berlin, Germany-based car sharing startup CiteeCar landed $10 million in its Series A funding round led by Mangrove Capital Expansion to expand in Germany and in selected international cities.
US-based electronics giant Apple Inc acquired British automatic speech recognition startup Novauris Technologies for an undisclosed amount more than a year ago to gain traction over Google Now and Microsoft Cortana.
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
German airline company Lufthansa has been looking at interested parties to acquire a part of its IT business, according to a report from Reuters.
Banco Mare Nostrum has intended to sell its shares before the deadline of the state funded bailout aid it received before the 2017 deadline.
Finance Minister George Osborne made it clear that the government did not interfere with the sale of Lloyds branches to Co-op Bank, reported Reuters.
Redefine International announced on Monday its acquisition of a 40% stake BNRI Earls Court in a deal valued GBP6.3 million, reported Ventures Africa.
Hungary's OTP Bank is close to acquiring MKB from BayernLB said sources familiar with the matter, reported Reuters.
Munich, Germany-based smart headphones The Dash broke its $260,000 crowdfunding goal on the Kickstarter platform by reaching a total of more than $3 million for the whole campaign.
