A media report about Riverbed Technology Inc exiting its business with the help of Goldman Sachs Group Inc had been shot down by two people who were familiar with the transaction.
Sectors
GSN files lawsuit against Bash Gaming after latter backs out from acquisition deal
The Game Show Network insisted that Bash Gaming pay a premium based from the difference between its initial acquisition offer and the amount the latter received from an unnamed buyer after Bash rejects GSN's deal at the last minute.
Playful jabs between heads of Gawker and Business Insider spurs potential merger, partnership rumors
Nick Denton and Henry Blodget played down rumors of a potential merger between blog collective Gawker Media and Business Insider in a media conference and discussed about a partnership using Gawker's Kinja comments platform.
Yahoo puts more than 100 domains for sale at up to USD1.5 million each
Yahoo's old domain names might fetch lower prices that current retail prices on the domain names market due to the sale of new domain names with non-traditional extensions (gTLDs) by Donuts and GoDaddy, said VentureBeat.
Swoop nabs USD3.5 million in investment capital round
Although the management of online advertising service Swoop did not disclose the purpose of raising new venture capital, Chief Executive Officer Ron Elwell's statement to TechCrunch indicated that the company might still be focusing on building its sales team.
Latest News
Brisbane-based veterinary giant Greencross announced its intention to buy pet retail chain Mammoth Pet Holdings in an acquisition deal that is valued at USD330 million.
An analysis of the filings made by small businesses with the US Securities and Exchange Commission indicate that more than 320 of them would want to raise funding via social media, and a handful had already raised funding.
New York-based wealth advisory firm Snowden Capital Advisors LLC entered into an agreement with private equity fund Estancia Capital Partners LP for a strategic growth capital investment.
US-based global private equity firm Advent International signed an agreement to purchase a USD1.1 billion minority stake in Ocensa, Colombia's biggest oil pipeline in terms of capacity.
Additional requirements on the amended Jumpstart Our Business Startups Act (JOBS) of 2012 would still hinder entrepreneurs and companies to secure funding via social media sites like Facebook and Twitter.
Virginia-based tech firm A-T Solutions acquired counterterrorism firm GreenLine Systems for an undisclosed amount to reinforce the border protection and transportation security of the US.
Paris-based restaurant directory 1001 Menus received USD1.8 million in a Series A funding round led by Elaia Partners to be used for the company's expansion in Europe.
Although Israeli venture capital funds had much to gain from exits in successful startups this year, data from research firm IVC Online showed that a lack of available capital has impede the funds' ability to raise new capital.
Singapore-based consumer-to-consumer marketplace mobile startup Carousell snagged USD800,000 in seed funding to be used for the development of its app and expansion efforts in Southeast Asia.
