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Big Venture Firms to Invest in Google Glass startups
Three big venture firms may team up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.
Yahoo! to Target Mobile Talent in M&A Spree
Yahoo!, the U.S. biggest Web portal, has engaged the services of private equity veteran Jacqueline Reses as it struggles to reinvent itself and stay relevant.
iRhythm Technologies Completes Series D Round of Funding
Led by Norwest Venture Partners, iRhythm Technologies latest funding round was able to raise US$16 million.
India’s Snapdeal Gets $50 Million Funding from eBay and Recruit Co
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
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Agbiome LLC will use the raised funds from its Series A financing to finance its R&D and marketing activities.
Private equity form LDC sells kidsunlimited to Bright Horizons Family Solutions. A leading global provider of child care sponsored by employers has purchased kidsunlimited for the amount of GBP 45 million.
Cydan, through private equity placements, has unveiled its program of de-risking of drugs for therapeutic and commercial issues.
Hong Kong regulators has approved the listing of the IPO for China Galaxy Securities. Hong Kong exchange regulators have signified their approval for the initial public offering of China Galaxy Securities.
More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.
Serent Capital agrees to invest in Optimal Blue. Serent Capital has invested in leading mortgage technology provider, Optimal Blue. Serent Capital is a leading San Francisco-based private equity firm that focuses on investing with high growth and profitable companies.
According to MTN CEO,the company is expanding from Africa to Asia and the Middle East. The largest African mobile operator, MTN Group Ltd, is expected to spend as much as US $8 billion on acquisitions in order to increase its spending in networks that limited its earnings.
PKO BP just recently announced plans to purchase Nordea Bank Polska and is also looking into the purchase of CSOB of KBC Groupe.
The Petronas shareholdings increased after it submitted its revised offer to EPF for its shares for MISC.
The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.