At the height of its business, BlackBerry servers provided supported its devices with secure email technology, which now is key to its survival.
North America
Monroe Capital provides credit facility for acquisition of Escort Inc by Monomoy Capital Partners
Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital. A funding worth USD78. 5 million senior secured credit facility was put in place by Monroe Capital to support the acquisition of Escort Inc.
Twitter valuation may hit USD20 billion mark post-IPO - hedge funds
Twitter Inc would be valued at most USD20 billion post-IPO (initial public offering), said hedge funds Ironfire Capital LLC and Gamco Investors Inc.
Icahn tweets confirm new Nuance board directors
Tweets from billionaire activist investor Carl Icahn confirmed the appointments of new directors of the board for Nuance Communications.
Zulily to confirm IPO plans this week -sources
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
Latest News
A study published in the American Journal of Medicine showed that chicken nuggets is mostly fat, blood vessels, bones and skin.
A report released by the National Venture Capital Association showed a record USD4.1 billion was raised by 54 venture capital firms in the past 12 months.
Experts expressed confidence that the new USD 100 bill would limit counterfeiting. With the redesigned USD 100 bills scheduled for delivery to banks today, experts interviewed by news website WebProNews said these bills could thwart counterfeiting.
Digital Generation (DG) announced its recent acquisition of Republic Project for USD1.4 million in cash and target-based earn-out payments.
The Federal Reserve would be distributing the redesigned USD 100 bills on Tuesday. The Federal Reserve would be distributing its new USD 100 bills finally to banks on Tuesday.
Citing the national security provisions of the Investment Canada Act, the purchase of Accelero of the fiber optic network owned by MTS Allstream was blocked by the Canadian government.
Today, Whitestone REIT announced it acquisition of Fountain Hills Plaza paid through an all cash transaction.
B&G Foods Inc announced today that it had acquired Rickland Orchards through a combination of cash and stock payment.
Today, Biomet Inc announced entering a definitive agreement to buy Lanx Inc. that would be subject to customary closing conditions.
