Viddy, the popular mobile video start-up, announced on Friday it has raised a hefty $30 million from institutional investors to bolster its expansion efforts in the face of stiff competition from Socialcam, a similar video-sharing service.
Regions
Asia Private Equity Weekly News, May 14, 2012
News and developments in Asia private equity from Reuters News for the week ending May 11. News and developments in Asia private equity from Reuters News for the week ending May 11.
Facebook IPO has halo effect for venture capitalists
For the handful of venture capitalists who backed Facebook (FB. O) in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week.
Triton sells Sweden's Bravida to Bain Capital
Private equity firm Triton said on Monday it had struck a deal to sell Scandinavian installation services provider Bravida to investment group Bain Capital for an undisclosed sum.
Paladin, Abu Dhabi's Invest AD to launch $100 mln MENA fund
Paladin Capital Group, a U. S. firm, and Abu Dhabi's Invest AD, plan to launch a $100-million private equity fund to invest in companies in fast-growing economies in the Middle East, North Africa and Turkey, the two companies said on Monday.
Latest News
mergers under review by the European Commission The following are mergers under review by the European Commission: APPROVALS AND WITHDRAWALS-- French dairy product group Lactalis to acquire Swedish dairy cooperative Skanemejerier (approved May 11)-- Swiss engineering group ABB to acquire U.
Aeris Partners Continues to Expand Cambridge Office with Hire of Senior Technology M&A Professional
A workshop for small businesses in the U.S. Gulf region organized by the Overseas Private Investment Corporation (OPIC) drew dozens of small business owners from across the region.
Lovell Minnick Partners is pleased to announce the acquisition of a majority interest in Commercial Credit Group Inc.
StartFast Venture Accelerator announced 9 startups participating in its 2012 program selected from over 300 from around the world.
Dan Carroll Invests $2.5 Million in Sonoma County, California Based Wine Company, H.D.D. LLC (Hambrecht, Hurst, Dolan & Dolan)
The Tapjoy Asia Fund offers development, funding, marketing, and distribution services to select developers throughout Asia
CAVU Resources, Inc. has closed on a joint venture agreement and has acquired 40% of the newly formed company called CAVU Global Energy, LLC, ("CAVU Global").
Private equity investor Warburg Pincus LLC is in advanced talks to buy a majority stake in Indian financial services company Future Capital Holdings Ltd from its founders, the Economic Times reported on Friday.
