Odyssey Investment Partners gets loan from CIT Group to support Cross Country Pipeline Supply Co. buy

The CIT Group loaned from Odyssey Investment Partners an undisclosed amount to support the former's acquisition of Cross Country Pipeline Supply Co.


ReelGenie secures USD 850,000 seed funds

Startup ReelGenie closed USD 850,000 in seed funding. Maryland-based startup ReelGenie secured seed funds amounting to USD 850,000. The round was led by CNF Investments, the Maryland Venture Fund, Wharton School faculty members, and angel investors.

Independence Realty Trust Inc launches public offering

Today, Independence Realty Trust Inc has announced commencing a public offering of its 4,000,000 shares of common stock listed on the New York Stock Exchange.

Rockwood sells profitable additives segment to ALTANA Group

Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.


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Marlin Equity Partners infused SigmaCare with fresh equity funding. Marlin Equity Partners recently backed SigmaCare with fresh equity funding. No financial details were disclosed, but SigmaCare CEO Steve Pacicco said the funds will be used for expansion.
Two distinct reports from the IDC and Strategy Analytics suggested smaller firms absorbing the top two companies' market share.
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Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).
Analysts think that Microsoft can regain the throne, but only if restructuring and community policies were employed.
Mozilla released their open source operating system for the mobile called Firefox OS. Mozilla released their offering for the mobile smartphone industry with the Firefox OS.
A leaked photo of Apple's low-cost "iPhone 5C" seem to hint the possibility of rumors.
There are currently four ways to advertise on Twitter. Like Facebook, Twitter was focused on in-stream ads and leveraged organic social activity in the social media site.