Glow Holdings Inc. (PINKSHEETS: GLOH) announced today that it signed a binding Letter of Intent ("LOI") with Cedar River Foods LLC calling for a newly-formed subsidiary of Glow to merge with Cedar River Foods' operations.
Sectors
Spindle CEO Pat Kinsel becomes a partner at VC firm Polaris after Spindle sale to Twitter
CEO and co-founder Pat Kinsel of Spindle has become a partner at venture capital firm Polaris after he successfully sold Spindle to social microblogging site Twitter, gaining him the title of "entrepreneur in residence."
US cybersecurity firm HackSurfer bags $3.5M in funding to beef up software protection
Maryland, US-based software cybersecurity firm HackSurfer bagged $3.5 million in a recent funding round to provide better cloud-based enterprise data protection for its customers from both private and government sectors.
UK retail chain Poundstretcher shells out $1M to branch out to Zambia
Huddersfield, UK-based retail chain Poundstretcher shelled out $1 million to branch out to Zambia as it begins to beef up its presence in Africa and establish its name as an international brand.
La Caisse pours C$42M into Quebec wind energy project
Montreal, Canada-based institutional fund manager La Caisse De Depot Et Placement Du Quebec poured C$42 million into the Parc des Moulins wind far in Quebec as part of its bid to generate long-term returns for its clients.
Latest News
St. Petersburg-based HealBe engages crowdfunding goers at Indiegogo.com for GoBe earning $1,084,311 Tuesday, with the original goal set at $100,000.
California-based Pure Storage, specialized in speedy flash-storage boxes for data centers, gobbles up $225 million in their series D round from Investors.
ARM Holdings, whose chip technology powers Apple's iPhone, said demand for smartphones would pick up in the second half after a disappointing end to 2013 resulted in first-quarter profit rising less than in previous years.
Huawei Technologies Co Ltd, the world's third-biggest smartphone manufacturer, plans to spend $300 million on global marketing in 2014, a senior executive said on Wednesday.
Microsoft said through its newly appointed head Kabelo Makwane that it has reinstated its development commitment in the Africa through a 20-year business plan that would boost economic growth and development in the African region.
Petrobas, the top oil producer of Brazil, has been looking for potential buyers to acquire its assets in Nigeria valued $5 billion as the company plans for divestment of international assets.
Sequoia Capital entered the home security and automation arena by making a minority investment in Boston, US-based company SimpliSafe to take advantage of the lucrative situation of the present do-it-yourself home security market.
Detroit, US-based charity fundraising platform CrowdRise bagged $23 million in a funding round with Union Square Ventures as the lead investor to back its growth campaigns and platform expansion initiatives.
Michigan, US-based biopharmaceutical firm ProNAi Therapeutics landed $60 million in its Series D funding round led by Vivo Capital to advance its cancer treatment drugs to the second phase of clinical trials.
