Globespan Capital Partners leads Series C Financing round for VNTurbo. The leading provider of software-defined control programs for cloud and virtualized environments, VNTurbo disclosed in an announcement today that Globalspan Capital lead its Series C financial infusion round.
Investors
EFG Hermes and QInvest Deal Bottoms Out
Due to the lack of Egyptian regulatory approval, the EFG Hermes and QInvest deal was terminated. EFG Hermes is one of the largest investment financial institutions in the Gulf region.
Kinder Morgan Energy Acquires Copano
In an all stock deal, Kinder Morgan Energy purchases Copano. The role shale oil production in the United States continues to drive the growth of the energy sector.
3D Systems Acquires RPDG
3D Systems acquires RPDG for an undisclosed sum. 3D Systems, in a bid to expand its capacity to manufacture parts on demand, has acquired Rapid Product Development Group.
Ebix Purchased by Goldman Sachs
Goldman Sachs acquires Ebix, the insurance software provider for US$20 per share. Ebix, the insurance software provider based out of Atlanta, GA has accepted to a US$20 per share buyout offer from Goldman Sachs.
Latest News
Texas Instruments sells debt bonds at 0.45% coupon in a two part offer to amount to US$1 billion. Texas Instruments is one of the companies that have sold a three year debt note with a record low 0.
Panoramic Growth Equity invests in Andante Travels. Panoramic Growth Equity, one of the leading equity investors in entrepreneurial companies, had announced its GBP1.
Andreessen Horowitz heads fundraising for Dwolla worth US$16.5 million. According to Reuters, Venture Beat reported that Andreessen Horowitz, headed the third funding round for Dwolla.
Lightsource to invest in new solar facilities in the UK. The UK developer that installed a sun-energy collecting project at the roof of Bentley Motors Ltd, Lightsource Renewable Energy Ltd, announced it may invest as much as GBP400 million or US$623 million in 2013 for solar facilities in the United Kingdom.
Loblaw, even with the highly competitive market, announces profit earnings for the year. Loblaw Cos Ltd, the largest food retailer in Canada, has reported a 40% increase in its first quarter profit earnings.
Actavis purchases Valeant's antibiotic vaginal gel worth US$55 million. Actavis, the generic pharmaceutical firm, has purchased the global rights to Valeant Pharmaceuticals International's antibiotic vaginal gel.
In a cash and share combination purchase, NV5 acquires Consilium Partners. NV5 Holdings Inc is in the business of providing of professional and technical engineering and consulting solutions.
Warren Buffett's Berkshire Hathaway would hold its shareholder meeting with a new twist on the festivities.
GDF Suez and Santos may seek partners and/or investors for offshore Bonaparte LNG project. Australia's third largest oil production company, Santos Ltd has announced that the proposed Bonaparte floating LNG venture with GDF Suez SA off the northen coast may require another partner.
