Marlin Equity Partners bought iolo technologies and merged the acquired company with Phoenix Technologies.
Sectors
Oman Oil Company acquires Oxea from Advent International
Oxea was purchased by Oman Oil Company from Advent International for EUR1.8 billion. An agreement was formalized between Oman Oil Co and Advent International for the purchase of Oxea.
Tamkeen CEO resigns post
Bahraini businessman Mahmood Al Kooheji quit his post as Tamkeen CEO without providing a reason for the said decision.
Book on Twitter claims Dorsey's betrayal of co-founder
A new book by New York Times reporter Nick Bilton had claimed that Twitter Inc Chairman Jack Dorsey got co-founder Noah Glass booted out from the company in 2006.
Achates Power closes Series C financing round with USD 35.2 million
Achates Power completed its Series C funding round with USD 35.2 million from existing investors which included Sequoia Capital Partners, RockPort Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners.
Latest News
New and existing customers of T-Mobile International AG would be able to enjoy the telecom company's new international plan that has no fees for text messages and data in over 100 countries.
The government of South Africa had planned to obtain a 20% free stake in each of new oil development projects.
Fosun International partnered with Kerzner for a hotel project worth nearly CNY 10 billion on China's Hainan Island.
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
CalCEF Clean Energy Angel Fund sold Allopartis Biotechnologies to Novozymes. CaICEF Clean Energy Angel Fund I exited from its portfolio company Alloparties Biotechnologies Inc.
Clients of private banks and private equity firms had taken steps to ensure themselves just in case the government shutdown would result to a US default.
The Carlyle Group obtained approval from the Southwark Council Strategic Planning Committee for the South Bank development project.
Liberty Media said it bought back 5.2% of its own stock from Comcast Corp for USD 417 million. Liberty Media Corp bought back 5. 2% of its own shares from Comcast Corp in a cash deal worth USD 417 million.
Investors in CSPC Pharmaceutical Group Inc have offered shares for sale in order to raise funds. The affiliates of Hony Capital Ltd have sought to raise USD260 million through the sale of shares in CSPC Pharmaceutical Group Ltd.
