The data server company clinched a deal with Summit Partners to fund its expansion. Real-Time Big Data Server company WebAction, Inc announced that it has clinched an US$ 11 million financing for research and development expansion, sales and marketing investment increase and other business expansion endeavors.
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Barnes & Noble CEO Resigns
Chief Executive Officer for Barnes & Noble William Lynch resigned on Monday after failure to lead the US bookstore chain to compete against Amazon.com and Google Inc in the online market.
Aptech Limited to Pursue Growth in Career Education
Aptech Limited revealed plans to expand through its career education system. Aptech Limited, a Mumbai-based education company, has opened itself to acquisition opportunities that are in line with career education, to which it now focuses on, according to Ninad Karpe, CEO and managing director of Aptech Limited.
Accenture reinforces its services with Acquity Group Acquisition
In its bid to enhance the services it provides, Accenture buys Acquity Group Ltd for US $316 million
RSA, Aveksa merger seen to accelerate IAM solutions for businesses
Leading cloud computing solutions acquires company known for identity and access management. EMC Corp. announced the acquisition of Aveksa Inc. , one of the leading companies in identity and access management (IAM) for businesses.
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UK's BlikBook continues its growth as it enters another round of financing to defray investment costs and business expansion.
Future Fifty hopes to encourage start up companies in UK to expand globally and be at par with Google and Amazon.
LVMH takes over majority of Loro Piana for US $2.57 billion LVMH Moet Hennessy Louis Vuitton agreed to buy 80% of Loro Piana SpA, one of the premier textile producers in Italy, for US $2.
Advantage Insurance enlists the help of GSO Capital Partners, a Blackstone Group affiliate, as its portfolio advisor.
Friendly's Ice Cream LLC takes over the American-themed company, which has over 300 corporate and franchises.
Edward (Ted) Marple takes the lead of the research organization as its founder Paul Wengender focus on the business aspect.
The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Osram Licht AG's shares dropped by 2.4% and settles at Eur 23.65 on Monday Osram Licht AG, a German lighting and specialty lighting manufacturer second only to Philips, saw a drop in its shares by 2.
Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.
