MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.
Investors
BlackBerry CEO drops out - shares drop
Following the exit of BlackBerry's CEO, the company's shares dropped to 16%. On Monday, BlackBerry Ltd had abandoned plans to sell and its CEO had stepped down.
Lynx Equity purchases Valuelight Limited
Canada-based private equity firm Lynx Equity bought lighting fixtures maker Valuelight Limited. Lynx Equity announced its purchase of Valuelight Limited.
Federal Reserve scales down asset purchases
In response to developments in US economy, Fed officials scaled back asset purchases. In a report by Reuters, the Federal Reserve scaled back asset purchases following the slow improvement of the US economy.
RallyPoint secures USD 5 million in Series A round from DBL Investors
RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.
Latest News
AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8. Beginning on November 8, the Samsung Galaxy S4 Zoom would be available on AT&T.
Leaked images sparked rumors that Apple was developing a new tablet to compete with Apple's iPad mini.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
Rapid-I, a leader in predictive analytics market, would be using its recent funding to scale its business in the US.
