Wilcon and Freedom Dark Fiber Networks merge to create Freedom Telecommunications. The premier provider of best-in-class data center and fiber optic infrastructure, Wilcon, announced the entry into an agreement to acquire Freedom Dark Fiber Networks.

Wanderu, the searching and booking start up firm, has received about US$2.45 in investment funds from established firms in the industry.

CDC and Abraaj have jointly invested in Rainbow Hospitals. The development finance institution of the UK, CDC together with the Abraaj Group, one of the foremost investors participating in growth markets worldwide, have announced their financial investment in the Rainbow Hospitals group.

Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.

In 2009, Harvard sophomore James Hirschield's dilemma about his 21st birthday led to a multimillion dollar startup called Paperless Post.

Tencent denied China Daily's report that the company would list WeChat as a spin-off corporation in Singapore.

Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.

CEO Ned Goodman of Dundee Corp appointed son Jonathan as the firm's new Deputy Chairman and Chief Operating Officer.

Arkami gathered USD 1.8 million in Series A funds to develop myIDkey. Arkami, maker of myIDkey, raised USD 1. 8 million in Series A funds. The round was led by McNeel Capital, Gordon Clemons, Mark Swanson and other unnamed angel investors.

Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.