A report by information technology news site Techcrunch said multinational semiconductor chip maker Intel Corporation recently acquired security company Sensory Networks for USD20 million.
North America
Sumitomo Corp to expand its distribution business with acquisition of Edgen
Japanese firm Sumitomo Corp would be buying Los Angeles-based steel products maker Edgen Group Inc in a USD520 million deal, according to Reuters.
SocialSafe receives additional USD1 million, gets Microsoft's Bell as new investor, advisor
Social media backup startup SocialSafe received an additional USD1 million in investment commitments with Microsoft Corp researcher Gordon Bell as its investor and advisor.
GTA Online goes live but failure message greets gamers- report
GTA Online has been launched but gamers get failure messages. The multiplayer version of Grand Theft Auto 5 finally went online at 4 am Pacific Standard Time today.
Government shutdown seen as temporary
Stock market indices rose and long term instruments fell as the market responded to the first government shutdown in 17 years.
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Indigo Partners would be buying Frontier Airlines from Republic Airways Holdings Inc for USD 36 million in cash.
Private equity firm HIG Capital announced that it had invested in specialty carpet mill Lexmark. Private equity company HIG Capital announced that it had made a strategic investment in broadloom carpet maker Lexmark Carpet Mills Inc.
A Bloomberg report said that private equity firms should be wary about purchasing assets during an economic downturn.
Canadian wireless telecom company Mobilicity said on Monday that it had obtained approval of a CAD30 million or USD29.2 million debtor-in-possession financing in preparation of its buyout by an anonymous buyer.
An estimated USD50.9 billion in investments by private and community foundations was made, according to a Foundation Center report on 2011 financial data.
NBA 2K14, the latest update of the popular video basketball game, would be launched on October 1. The new version of the video game NBA 2K14 would be launched on October 1, according to CBSSports.
Cooper Tire & Rubber Co shareholders voted in favor of the proposed merger with Apollo Tyres Ltd yesterday, according to a Bloomberg report.
Morgan Stanley and the Royal Bank of Canada were appointed to help SNC-Lavalin Group Inc. sell an equity stake in AltaLink, according to a Bloomberg report.
Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.
