Sparq Systems raises USD 2.75 million venture capital financing

Microinverter maker Sparq Systems Inc secured USD 2.75 million from MaRS Cleantech Fund and other venture capital firms.


Qualcomm slapped with USD173 million penalty for unintentional infringement

An Orlando, FL federal jury awarded USD173 million in penalties upon Qualcomm for patent infringement perpetrated upon ParkerVision.

Saputo leads bidding war for Warnambool Cheese & Butter Factory

Canada-based Saputo's bid of USD 432 million had so far bested all other offers for Warrnambool Cheese & Butter Factory Co.

New Brunswick sets Startup Investment Fund with USD 5 million

The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.


Latest News

DIRTT filed for a USD 45 million initial public offering in Canada. Doing It Right This Time or DIRTT Environmental Solutions said it had filed for an IPO in Canada to raise gross proceeds of USD 45 million.
Banks bought more shares of ING Groep's US unit. Netherlands-based ING Groep said the underwriters for the share sale of its US insurance business would be buying additional shares.
Boeing has to cut production of its 747 jets because of the changing economic landscape, a report said.
The Boeing 747 could be headed towards an uncertain future, according to an Associated Press report.
Muddy Waters' Carson Block sent out an email saying that 72% of NQ Mobile's revenues were 'fictitious".
The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
Investments have been made for the further development of On Center Software. The foremost name in construction automation, On Center Software, announced that Accel-KKR had placed an investment in the company for its future expansion plans.
New and old investors joined together to provide investment funding for Funding Circle in continuing its objectives of providing loan access to UK entrepreneurs.
Form 1 3D printer maker Formlabs's new USD7 million investment would go towards primarily to the development of its core product and software.
A total of USD7 million was raised in a recent investment round for Berlin-based startup The Football App.