Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.
Sectors
Vestas Wind Systems replaces CEO
Vestas Wind Systems replaced its current CEO Ditley Engel with Anders Runevad who would start his duties on September 1.
Samsung's smartwatch stirs techies as launch draws near
Samsung Electronics created a stir with Galaxy Gear as its unveiling draws near. Samsung Electronics Ltd is launching its new gadget, the "Galaxy Gear" smartwatch.
China’s regulators seek confessions from foreign companies for antitrust violations
China's antitrust regulators placed pressure to thirty foreign firms as they seek confessions for antritrust violations on a closed-door meeting held last July 24 and 25.
US resale home levels increase in July
Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
Latest News
Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
Hong Kong Exchanges and Clearing Ltd announced London Metal Exchange Executive Martin Pratt as new CEO.
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Beer makers Heineken and Carlsberg said they would be looking to Asia and their new product offerings to meet their forecasted earnings this year.
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
