Addison Capital portfolio company Gowanda Holdings said it had bought Los Angeles, California RF and microwave filters designer and maker TTE Inc for an undisclosed amount.
Sectors
Yahoo bought San Francisco startup Aviate for $80M -source
Internet giant Yahoo was earlier reported to have bought San Francisco-based startup Aviate for an undisclosed amount, but now a source familiar with the deal revealed that the acquisition was valued at $80 million.
Blackstone Group, Panchshil realty jointly bid INR186 crore for Citibank's India property
Private equity firm Blackstone Group and property developer Panchshil Realty have emerged frontrunners for buying Citibank's old headquarters in Mumbai, India. The Blackstone-Panchshil combine have jointly bid INR186 crore for Citigroup Center.
Saudi Aramco to acquire $2B stake in SoKor's S-Oil Corp- official
An unnamed official from South Korea's S-Oil Corp said Saudi Arabian Oil Co or Saudi Aramco, the largest crude exporter in the world, will be buying a $2 billion stake in S-Oil, Bloomberg reported.
US marketing tech firm nabs $9M in Series D round
Illinois, US-based marketing technology company Ifbyphone raised $9 million in a Series D funding round led by growth equity firm River Cities Capital Funds to beef up its workforce.
Latest News
Stockholm-based private equity firm EQT Partners intends to list British food outlet operator SSP on the London Stock Exchange in June this year. The food outlet operator could be worth £2 billion ($3.3 billion).
San Francisco, US-based big data firm Radius raised $13 million in a funding round led by Formation8 Partners to spot great leads and improve workflows for salespeople.
Canadian juvenile products and bicycle company Dorel Industries Inc said it had signed a share purchase deal to acquire Israel-based baby products and developmental toy firm Tiny Love.
New York, US-based firm Apollo Global Management LLC announced on Thursday that it had raised $17.5 billion for the Apollo Investment Fund VIII, the largest private equity fund raised since the financial crisis.
Healogics Inc.,owned by private equity firm Metalmark Capital, is reportedly considering a sale that could value the wound care services provider at $1 billion. Goldman Sachs Group has been tapped to find a buyer.
Former Citigroup Inc head Sanford "Sandy" Weill was appointed as the Chairman of the Board of the reinsurance company Hamilton Insurance Group Ltd, Bloomberg reported.
Canada-based dairy firm Saputo Inc has again increased its stake in its takeover target, Australia-based dairy supplier Warrnambool Cheese and Butter Factory Ltd, from 20.141% yesterday to 21.392%.
Utah-based online retailer Overstock.com struck a partnership with California-based bitcoin wallet Coinbase in a deal that made it the biggest online seller to embrace bitcoins as payment.
NSP Semiconductor Chief Executive Officer Richard Clemmer told Bloomberg that he is thinking of making as much as $1.5 billion in acquisitions of semiconductor companies that complement its core operations.
