HomeAway entered Asia-Pacific via Travelmob acquisition. HomeAway has acquired a majority stake of 63% Travelmob, a Singapore-based startup. This acquisition allowed the vacation rental site to enter the Asia-Pacific region and compete directly with Airbnb.
Investors
Dell takeover group considers US$24.4 billion offer to be final
Michael Dell together with Silver Lake Management LLC considered US$24.4 billion buyout offer for Dell Inc to be their utmost and final bid.
Michigan Angel Fund invests in technology corporation BioPhotonics
Michigan Angel Fund invested in BioPhotonics, a company that automated the procedure of shaping and squeezing ultrashort laser pulses.
American Airlines, US Airways gives concessions to EU
American Airlines and US Airways gave concessions to EU antitrust regulators to get their authorization over a planned merger.
American dress shoe company Allen Edmonds explores sale of business
Allen Edmonds was exploring a potential sale of the firm for US$150 million to US$200 million. Allen Edmonds, a men's dress shoe corporation, was exploring a possible sale of the company.
Latest News
Severn Trent Plc spent GBP19 million for counselling, legal and related costs in its buyout approach.
Loyalist Group Limited announced the US$8 million acquisition of MTI Community College Inc. Loyalist Group Limited announced the acquisition of MTI Community College Inc.
Xamarin raised US$16 million in Series B round. Xamarin announced that it raised US$16 million in Series B round. The round was led by Lead Edge Capital.
Infinity Resources Holdings Corp acquires the remaining 50% shares of Quest Resource Management Group for its subsidiary, Earth911 Inc.
Billabong gets an unsolicited refinancing offer a day after it accepted a rescue package from Altamont Capital Partners and GSO Capital Partners.
Beijing Enterprises Water Group Ltd. would purchase Standard Water Ltd.'s two project units for CNY1.35 billion as it expands further in China.
NEC Corp's talks with Lenovo Group Ltd. was stalled due to disagreements on majority proprietorship and patents.
UK towns near Electricite de France SA's new nuclear power station would get up to GBP128 million as benefit from the government.
The profit of Mattel Inc, the world's biggest toymaker, plunged again as Barbie's appeal fades.
