Altair Semiconductors raised $25 million from its recent fundraising activity. Israel's Altair Semiconductor, provider of LTE chipsets, closed $25 million in funding.
Sectors
NY Lawsuit against Sprint Nextel for Tax Fraud Charges Underway
Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
NVCA Reports Strong 2nd Quarter for Venture Backed IPOs
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
Private Equity Insurance Deals Stalled by Probe
Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.
Ritz-Carlton San Francisco is Acquired by Thayer Lodging Group
Ritz-Carlton San Francisco was acquired by Thayer Lodging Group. The hotel investment firm Thayer Lodging Group acquired Host Hotels and Resorts' Ritz-Carlton San Francisco.
Latest News
American Realty Capital New York Recovery REIT buys property worth US$220.3 million from SL Green Realty Corp.
Morgan Stanley had raised US$770 million fund to participate in the secondary market investments. (Photo : REUTERS)Morgan Stanley will shift the way advisers in its wealth management business are paid next year, cutting bonuses tied to the amount of revenue they bring in and rewarding them instead for growing assets and loans.
Z Capital Partners acquired sole ownership of Famous Brands when it bought the minority shares from The Carlyle Group.
Rainbow Chicken increases its shareholdings in Foodcorp to 88.1% through an additional purchase of 23.9% share.
Aqua America spends a little over US$12 million for seven different acquisitions for its portfolio.
Icahn was able to finalize US$5.2 billion in loan commitments as it continues on its quest to acquire Dell from privatization.
Steinway Musical Instruments is sold for $438 million to an affiliate of Kohlberg & Company. (Photo : Reuters)Steinway Musical Instruments is sold to Kohlberg & Company for $438 million.
Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia. (Photo : Reuters)The image is the Russian signage for Rosneft.
Conergy, in order to keep afloat, forges agreement with Asian investor on loan assumption as well as equity investment.
