Microsoft's deal to acquire Nokia valued $7.2 billion have been set to close on Friday which is also in time for the company's target saying that the deal was expected to close during the first quarter of 2014.
Acquisition
Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
US smartphone giant Apple Inc. had been in discussion with Renesas Electronics to buy a controlling stake in the company, according to a source familiar with the matter said a Reuters report.
US-based private equity firm Vista Equity Partners has bought talent management-focused software-as-a-service provider PeopleAdmin Inc for an undisclosed amount, a statement about the acquisition said.
The $2 billion acquisition of Oculus VR Inc by social media giant Facebook Inc has turned the interest of investors to virtual reality startups, Bloomberg News reported.
Cubility, the maker of MudCube, has been bought by funds advised by Triton from Energy Ventures for an undisclosed price tag, a statement about the acquisition said.
Palo Alto Networks, a cyber security firm based in Santa Clara, California, has bought Israel-based cyber security company Cyvera for a price tag of $200 million, TechCrunch reported.
California-based YouTube online video content network Maker Studios has been acquired by The Walt Disney Studios in a deal valued at $500 million, TechCrunch reported.
Gojee, a recipe-finding site, has been acquired by the XO Group for an undisclosed amount, after talks with other possible acquirers like Yahoo failed, TechCrunch reported.
High-quality video platform Vimeo bought iOS video-creation app Cameo backed by Great Oaks Venture Capital. Financial terms of the acquisition were not provided, VentureBeat reported
Blackford Capital, a Michigan-based private equity firm, has acquired Grand Transformers Inc or GTI. Financial details about the transaction were not disclosed in the statement about the funding.
Private equity-backed Netchemia, which provides cloud-based talent management software solutions, has acquired online recruiting and application management company SchoolSpring for an undisclosed amount, VentureBeat reported.
GSN Games has finally completed its acquisition of Bingo Bash maker Bash Gaming, a games platform based in India, for about $165 million, sources confirmed to TechCrunch.
Russian search company Yandex has bought KitLocate, an Israeli startup that provides iOS and Android developers with an SDK to make their apps be location aware, for "several million euros," TechCrunch reported.
Private equity firm Carlyle Group and other investors will be purchasing a majority stake in Traxys Group, a physical metals and minerals commodity, logistics and trading company, Reuters reported.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- Walgreens to Open a New Pharmacy Offering Cell and Gene Therapies to Patients With Chronic Diseases Like Cancer
- How to Apply for Social Security Spousal Benefits; Here's How You May Boost Your Money!
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags
- Tesla Shareholder Asks Judge to Prevent Elon Musk From Moving Pay Fight to Texas to Evade Delaware Ruling
- Illinois Woman, Who Mysteriously Drowned After Giving $1.5 Million to Online Romance Scammers, Knew She'd 'End up Dead'