Gowalla's CEO Josh Williams and Instagram's lead designer Tim Van Damme announced their exit from Facebook.
Sectors
Kings Park Capital sells IHS stake to US investment fund
Battery Ventures, a US-based firm, acquired IHS GmBH from Kings Park Capital but details about the transaction were not disclosed.
[x+1] acquires WDA
[x+1] announced the acquisition of mobile marketing technology leader, WDA. [x+1] announced the acquisition of WDA. This acquisition allows [x+1] integration of WDA's technology and media sources with [x+1] Origin data management platform.
Methes Energies secures debt financing loan
Methes Energies Canada Inc., a subsidiary of Methes Energies International Ltd. secured a CDN$1.6 million financing loan.
Avantor expands distribution agreement with VWR
Avantor Performance Materials announced the expansion of their distribution agreement with VWR International, LLC.
Latest News
Former Facebook worker Katherine Losse said that Facebook workers have access to users' passwords.
American Airlines and US Airways gave concessions to EU antitrust regulators to get their authorization over a planned merger.
Allen Edmonds was exploring a potential sale of the firm for US$150 million to US$200 million. Allen Edmonds, a men's dress shoe corporation, was exploring a possible sale of the company.
Insmed Incorporated announced the pricing of their initial public offering of 6 million shares Insmed Incorporated announced the pricing of its initial public offering of 6 million shares for its common stock.
Private venture development company Elevate Ventures shelled out US $50,000 in favor of Curvo to fund the company’s early-stage activities.
HomeAway entered Asia-Pacific via Travelmob acquisition. HomeAway has acquired a majority stake of 63% Travelmob, a Singapore-based startup. This acquisition allowed the vacation rental site to enter the Asia-Pacific region and compete directly with Airbnb.
Severn Trent Plc spent GBP19 million for counselling, legal and related costs in its buyout approach.
Upon the implementation of Facebook's hashtag, online marketers saw new potential for internet advertising.
Xamarin raised US$16 million in Series B round. Xamarin announced that it raised US$16 million in Series B round. The round was led by Lead Edge Capital.
