Europe

Swiss cable solutions provider R&M acquires Indian firm Advanced Fiber Systems

Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.


Kima Ventures and Practica Capital invests €200,000 in Lithuania-based TrackDuck's seed round

TrackDuck, a visual feedback provider for web design and development, has obtained €200,000 from Kima Ventures and Practica Capital for its seed funding round, TechCrunch reported.

German startup TVSmiles picks up $7M in Series A funding

Berlin, Germany-based startup TVSmiles picked up $7 million in a Series A funding round led by Ventech to expand the reach of its loyalty program for its second-screen app beyond Germany.

UK-based Melrose Industries ready to buy again after Elster Group turnaround

After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.


Latest News

SALESmanago, an online marketing automation platform provided by marketing software company Benhauer, has raised $1.7 million in a funding round led by InPost Founder Rafał Brzoska, TechCrunch reported.
Buzzmove, the UK's first price removals site and Wayra UK graduate, grabbed $650,000 in its seed funding round to expand its list of vendors and prepare for its nationwide launch, TechCrunch reported.
France-based electronic trading applications provider Ullink has received a majority investment from Europe-focused private equity firm HgCapital. Financial details were not disclosed in the statement about the funding.
Dublin, Ireland-based over-the-counter (OTC) drug manufacturer Perrigo Company PLC picked up a set of products being marketed in Australia and New Zealand from South African firm Aspen Global Inc in a $51-million cash deal.
Dukosi, the Scottish technology firm that developed the Electric Vehicle Optimization Integrated Circuit, secured £320,000 to help finance the commercial roll out of its smart chip geared towards electric vehicles, the Herald Scotland reported.
Aalborg, Denmark-based game developer Interceptor Entertainment acquired Texas, US-based video game publisher 3D Realms (Apogee Software Ltd), the creator of Duke Nukem, for an undisclosed amount.
As opposed to the move that other countries are taking, the British government is planning to ditch the tax levied on Bitcoin trading, but the cryptocurrency will still be subjected to corporation and other taxes.
XLMedia, the digital media firm that brings traffic for online gaming sites, intends to secure $40 million in a London stock market flotation, the Financial Times reported.
London-based DueDil obtained $17 million in its Series B financing round led by previous backer Oak Investment Partners and joined in by Notion Capital and Passion Capital, TechCrunch reported.
Berlin-based recruiting software startup softgarden merged with job ad media planning service 1000jobboersen.de for an undisclosed amount to form a giant Recruiting-as-a-Service provider called softgarden E-Recruiting.