E-commerce company Linio's USD50 million new investment would go towards company expansion. According to a VentureBeat report, e-commerce company Linio received an additional USD50 million in investment.

The leather goods specialist Allen Edmonds Corp is purchased by an affiliate of Brentwood Associates.

Midatech's unique biocompatible gold-nanoparticles raised GBP10 million from investors. One of the global leaders in nanomedicine design, synthesis and manufacturing, Midatech Ltd, announced the completion of the issuance of its new equity.

Etisalat and Vivendi formalize agreement as to the sale of Maroc shareholdings from Vivendi to Etisalat.

The fifth global business unit for Ford serving the Middle East and African regions would be headquartered at Dubai, in the UAE.

Remote diagnostics company AetherPal secured USD6 million in Series A funding for the development of its pre-loaded software for smartphones.

Solar energy startup Terrajoule secured a USD11.5 million funding from Air Liquide and other investors.

Celebrity Justin Bieber invested USD1.1 million as seed round for a new social media network for teens.

Garantia Data had renamed itself to RedisDB, following a USD9 million investment round. Aside from acquiring USD9 million in funds, Garantia Data had changed its name to RedisDB.

Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.