American software giant Oracle said today that it will acquire email marketing firm Responsys in a deal valued at $1.5 billion, to combine it with recent acquisition Eloqua.
North America
Venture capital investors and venture-backed CEOs are feeling optimistic about 2014 according to survey
Venture capital investors and startup CEOs are feeling optimistic and confident about the venture ecosystem next year, according to a survey from National Venture Capital Association and Dow Jone VentureSource.
What to watch in the Week ahead
It's the final countdown for retailers who have done their best to whet U.S. consumers' appetites for Christmas shopping deals, and the stores may show whether they have made the best of a truncated shopping season
AlienVault secures $30 million to close its Series D round led by GGV Capital
AlienVault, a provider of Unified Security Management solutions, secured $30 million to close its Series D round led by GGV Capital and first announced in September
New York-based Blackstone Group LP acquires a minority stake in Edens shopping center for $718 million
New York, US-based multinational private equity firm Blackstone Group LP acquired a minority stake in Edens shopping center in a deal valued at $718 million.
Latest News
New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team.
New York, US-based media group News Corp has acquired Dublin, Ireland's social news agency Storyful in a deal valued at €18 million ($25 million) to help surface and validate user-generated news online.
Washington-based international law and lobby powerhouse Patton Boggs LLP has ended merger discussions with Texas-based law company Locke Lord LLP, according to a joint statement on December 19.
International Finance Corporation, the private sector financing arm of the World Bank Group, has proposed to provide a $15.75 million debt financing to NSL Renewable Power. NSL plans to build a 40-megawatt wind farm in Maharashtra, India.
Sprint chairman and SoftBank chief executive Masayoshi Son was reportedly meeting senior bank executives in New York. Sources said that banks are readying proposals for financing a bid by Sprint Corp. for T-Mobile US.
BlackRock, the world's largest manager, is seeking to raise up to $3 billion for a new hedge fund to invest in credit globally. BlackRock Credit Alpha Fund was created in October with an initial target capital commitment of $500 million.
Software company Dealertrack Technologies will buy out online marketing and sales provider Dealer.com for $1 billion. Dealertrack will pay $620 million in cash and $373 million in stock.
Boston-based firm Liberty Mutual Insurance Group reportedly paid more than €100 million to acquire a 49% stake in Irish Bank Resolution Corporation (IRBC), amid plans to open 150 new technology jobs in Dublin, Ireland.
Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.
