California, US-based application performance management firm New Relic Inc named Square Inc Chief Financial Officer (CFO) Sarah Friar as the new member of its board on its path to a potential initial public offering (IPO).
North America
Activist hedge fund Elliott bids to buy Riverbed Technology for $3.08B
Elliott Management Corp., a hedge fund run by activist investor Paul Singer, has made an offer to acquire network equipment maker Riverbed Technology Inc. for $3.08 billion. Riverbed was reportedly working with Goldman Sachs Group Inc. in November on a potential sale.
US-based API tech provider Apigee discloses $20.5M stock deal for InsightsOne acquisition
California, US-based API management platform Apigee raised $20.5 million in a stock transaction as part of the acquisition of predictive analytics firm InsightsOne, according to a SEC disclosure.
Symphony Technology Group, Evidera purchase Kaiser Permanente subsidiary Archimedes
Private equity firm Symphony Technology Group or STG and its portfolio firm Evidera said they had purchased healthcare modeling company Archimedes for an undisclosed amount.
Report gives 5 lessons gleaned from the Bitcoin phenomenon
Reuters Breakingviews Economics Editor Edward Hadas said the Bitcoin is nearing its end. Before it becomes forgotten, he gives five lessons that can be learned from the Bitcoin mania.
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Citing sources, a PEHUB report said private equity firm Z Capital Partners is eyeing a hard cap of $750 million for Fund II after exceeding its target.
Tel Aviv, Israel-based social review engine Yotpo raised $10.7 million in a Series A funding round led by US-based venture capital firm Blumberg Capital to expand its office in San Francisco.
Bain Capital Ventures and Spectrum Equity have obtained minority stakes in healthcare software provider MedHOK or Medical House of Knowledge in a $77.5 million deal, Reuters reported.
The former head of ORIX USA, Jim Thompson, has launched Preston Hollow Capital, an investment company that will target fixed income, venture capital and hedge funds.
England, UK-based specialty medical device maker Lombard Medical Technologies PLC plans to pursue an initial public offering (IPO) and listing of ordinary shares in the US.
San Francisco-based Wells Fargo & Co has given the task of originating mortgages for the largest home lender in the US to 400 underwriters, Bloomberg reported.
Instead of taking things easy on retirement, an increasing number of older Americans have become entrepreneurs and have taken the risk of forming their own companies, Bloomberg reported.
US-based multinational banking and financial services firm JP Morgan Chase & Co purchased an equity stake in alternative trading systems operator Chi-X Global Holdings LLC for an undisclosed sum.
Investment bank JPMorgan Chase & Co. has agreed to a $2.6 billion settlement with the US government and victims of the Bernard Madoff Ponzi scheme. Government prosecutors alleged that JPMorgan failed to share its suspicions of fraud at Madoff's fund with the US authorities.
