Two distinct reports from the IDC and Strategy Analytics suggested smaller firms absorbing the top two companies' market share.
Sectors
Rockwood sells profitable additives segment to ALTANA Group
Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.
Papa Murphy pizza chain, to pursue IPO in late 2013
Washington's Papa Murphy is in the process of selecting banks to lead the company's initial public offering set later this year.
HBC to acquire Saks for US$2.9 billion
Hudson's Bay Co said last Monday that they would acquire Saks Inc. for US$16 per share piece in cash including debt.
GridGain gets US $10 mln series B funding
California-based GridGain Systems gets US $10 million in series B funding from Almaz Capital. GridGain Systems acquired US $10 million from a series B venture funding led by global venture capital firm Almaz Capital.
Latest News
Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.
Darwin Private Equity bought Esendex for GBP 11 million (USD 16.9 million). Darwin Private Equity acquired Esendex for GBP 11 million (USD 16. 9 million).
Analysts think that Microsoft can regain the throne, but only if restructuring and community policies were employed.
Mozilla released their open source operating system for the mobile called Firefox OS. Mozilla released their offering for the mobile smartphone industry with the Firefox OS.
A leaked photo of Apple's low-cost "iPhone 5C" seem to hint the possibility of rumors.
There are currently four ways to advertise on Twitter. Like Facebook, Twitter was focused on in-stream ads and leveraged organic social activity in the social media site.
A mining analyst said that improved consumer sentiment in the US is a good sign for diamond investors.
Valeant Pharmaceuticals said it expected to save more than USD 800 million when it buys Bausch & Lomb.
HBC and Saks Inc. made a definitive merger agreement worth US $2.9 billion. Saks Inc. and Hudson's Bay Company (HBC) announced that they made a definitive merger agreement.
