Co-founder and CEO Dan Robichaud of Password manager applicaton PasswordBox believed that Apple Inc's new TouchID system for its smartphones and iPads would be a great opportunity for the app maker to capitalize on.
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CROCS HIRES MOELIS & CO TO EXPLORE SALE -SOURCES
Crocs Inc, known for its colorful clogs, has hired investment bank Moelis & Co to explore strategic alternatives, including a leveraged buyout, two people familiar with the matter said on Wednesday.
Scoopshot closes Series A funding round led by Conor Venture Partners
A total of USD3.9 million was raised in a Series A funding round for Scoopshot by lead investors Conor Venture Partners and the Finnish Industry Investment and the startup's existing investors.
Mustbin gets USD4.5 million seed investment from DAG Ventures, other angels
Mustbin allows users to store photos of importance like pictures of documents, forms and receipts on the cloud via a smartphone, and the startup who created the app planned to use the seed investment to create an app version for Android and the iPad.
SYNAPTICS INC COMPLETES ACQUISITION OF VALIDITY SENSORS INC - FORM 8-K
Synaptics Inc reported in its Form 8-K that on November 7, 2013, Synaptics Incorporated, completed its acquisition of Validity Sensors, Inc., pursuant to the terms of an Agreement and Plan of Reorganization, dated as of October 9, 201
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The Additional Securities were acquired by ILJIN for investment purposes. Such investment will be reviewed by ILJIN on a continuing basis and such holdings may be increased or decreased in the future. ILJIN may acquire additional ordinary shares of Aurinia, privately or otherwise, as the circumstances or market conditions warrant.
Clearleap would use the proceeds from its recent investment round to fund its expansion plans in Europe and Latin American, including the hiring of additional employees.
Moneytree obtained USD1.6 million in a seed investment round participated by private investors including high-level executives from companies that include PayPal, MasterCard and Morgan Stanley.
The proposed takeover by Community Health Systems Inc of Health Management Associates Inc will proceed as planned after the latter's board of directors had given its approval.
TPG Capital replaced Stephen Peel with Tim Dattels as co-head for Asian operations and assigns Peel to focus on TPG's interests in emerging markets beyond the region.
osedale Aviation Holding had exited from its 48.1% interest in the airline carrier to institutional investors expecting its free to increase 85%.
Amid the run up to the Third Plenum, many market investors who have waited for the policy direction from the Chinese government had made them either hopeful or disappointed with the communique released by President Xi Jinping.
Private equity firms investing in India seek government action on alleged fraud with portfolio firms
Many local and foreign private equity firms have been seeking the government of India to conduct investigations on alleged fraud and poor corporate standards of some portfolio companies.
The securities drop indicated investors' anxiety as they watch out for signs regarding the future US Federal Reserve's bond-buying program from some of its officials next week.
