Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.
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Qwilt targets online video delivery optimization with additional US$16 mln funding
Bessemer Venture Partners helps Qwilt expand delivery globally with US$16 million in funding. Online video platform provider Qwilt gained US$16 million in a series C financing round led by venture capital firm Bessemer Venture Partners.
Deutsche Bank to Reduce Assets US$332 Billion as Net Income Falls
Europe's largest bank is forced to cut costs after profits drop nearly 50%. Europe's Deutsche Bank AG announced its plans to cut assets by EUR 250 billion (US$332 billion) earlier today, following the dramatic decline in its profits.
EGoM to settle price band for Neyveli stake sale
EGoM is set to decide pricing on the proposed sale of 3.56% stake in Neyveli Lignite Corporation on Wednesday.
European Commission clears Peugeot bailout
EU gave PSA Peugeot through a state-funded financial aid valued at Eur7 billion to keep the company afloat.
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Bottlenose raised US $3.6 million in seed capital, which it intends to use for product development as well as hiring of more employees and marketing.
ZoomSystems acquires Vigix in a bid to offer their consumers more options and to enhance its position in the global scale.
The Hay Group acquires Metallumform in a bid to meet its customers demands and to expand its reach globally.
Scoop.it raised US $2.6 million in anew round of funding, bringing total capital to US $13.6 million.
Nomura's co-head of financial sponsors, Saba Nazar, moved to Bank of America Merrill Lynch according to a memo issued by BAML.
Insight Venture’s acquisition of a minority share in Veeam Software has been completed but financial details of the transaction were not revealed.
Kinderhook Industries' environmental specialist subsidiary has finalized its acquisition of Allstate Power Vac Tuesday.
L'ArcoBaleno gets a seven-figure amount of seed capital funding but failed to reveal just how much money it was able to raise.
Superfish continues to attract investors as it raised US $10 million during its fourth round funding.
