Tegile Systems announced the successful closing of its Series C funding round with USD 35 million in a round led by Meritech Capital Partners.
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Will Blackberry sale make company succeed over Apple, Samsung?
As Blackberry announced its formation of a special committee to "explore strategic alternatives" like a possible sale to compete with its biggest technology rivals, conflict may arise.
Dole to be Owned Wholly by Chief Executive David Murdock
Dole Food Co Inc agreed to be bought by David Murdock, after an increase in the offer price was given.
Campbell sells Europe biz to CVC Capital Partners
Campbell Soup Co announced that the sales of some of its European businesses to CVC Capital Partners is on the final stages.
Everspin Technologies raises USD 15 million in Series B round
Everspin Technologies announced that it was able to close its Series B funding round with USD 15 million from venture capital firms.
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Prospect Capital Corp gave a loan valued at USD 80 million to Matrixx Initiatives Inc for its recapitalization.
InsideView said it was able to secure USD 19 million in a round led by Split Rock Partners. Software service company InsideView announced that it closed USD 19 million in financing on Monday.
Steinway Musical Instruments said that another investor topped the USD 35 per share offer of Kohlberg & Co with a bid of USD 38 per share.
Thames Water Set to Increase Charges and is seeking its regulator's permission. Thames Water Utilities Ltd, the largest drinking water and wastewater management services company in UK, sought the permission of Oftwat to raise prices.
Blackberry announced the creation of a committee to look into strategic alternatives like joint ventures, partnerships and sales to help revive the company.
Greece completed the sale of the 33% stake it held in OPAP SA to Emma Delta fund for EUR 652 million.
Italy's tax police determined that around $333.8 million of Salvatore Ligresti', his daughters' and the company executives' assets will have to be seized.
Titus Naikuni, CEO of Kenya Airways, announced that the fire at JKIA had already cost his company USD 4 million in revenues.
HTC Corp was said to have paid USD 10 million to Robert Downey Jr to endorse the brand in a TV commercial.
