New York, US-based stock photography agency Shutterstock is acquiring San Mateo, California-based digital asset management software maker WebDAM for an undisclosed amount to widen its market reach.
Sectors
Machinima's Allen DeBevoise invests in MovieLala
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
Biogen Idec Inc purchases rights to Eisai Co's Alzheimer's therapies
Biogen Idec, a biotech firm based in Cambridge, Massachusetts, has bought the rights of two experimental therapies for Alzheimer's from Tokyo-based Eisai Co, Bloomberg reported.
Yahoo to eliminate Google, Facebook sign-in for its products
Yahoo will be requiring users who want to access its services to sign up for a Yahoo ID and will gradually be removing the option that allows them to use their Google or Facebook credentials to get access to the company's products.
UK-based Melrose Industries ready to buy again after Elster Group turnaround
After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.
Latest News
San Francisco, US-based startup ClassDojo bagged $8.5M in its first institutional funding round to develop its mobile platform that provides an easier way of managing and monitoring the behavior of students inside the classroom.
Airpush, a platform that helps monetize mobile applications, is said to be in talks to be acquired by Perion, a Tel Aviv-based firm, TechCrunch reported citing sources.
Social media giant Facebook is reportedly in talks to purchase New Mexico, US-based drone maker Titan Aerospace for $60 million to reach the corners of the world with no Internet access.
Melbourne, Australia-based startup Influx.com pocketed $250,000 in seed funding from Mark Harbottle and Leni Mayo to provide CRM (customer relationship management) solutions for online and tech startups.
Moolaguides has been acquired by Flashnotes for an undisclosed amount. The purchase comes just a month after Boston-based Flashnotes secured $3.6 million for its Series A round, TechCrunch reported.
Powa Technologies Ltd has rolled out PowaTag, its e-commerce application that helps retailers and brands to reach their target customers and encourage them to buy their products, TechCrunch reported.
New York, US-based startup Posh Stow and Go launched a crowdfunding campaign via Indiegogo for its luxury membership bathroom facilities in Times Square which will open this June.
Sources told tech news website TechCrunch that Basis Health Tracker Watch maker Basis Science has been bought by Intel for anywhere from $100 million to $150 million.
The government of Quebec approved a $10-million equity investment in Montreal, Canada-based alumina producer Orbite Alumniae Inc, with the funds coming from the government's financing arm Investissement Quebec.
