Search giant Google is said to be thinking about designing its own server processor, a move seen as a likely threat to the market dominance of Intel Corp, Bloomberg reported.
United States
Nimble Storage expected to raise $184M in New York IPO
California-based hybrid storage solutions provider Nimble Storage is expected to raise $184 million on its debut on the New York Stock Exchange tomorrow with shares priced between $18 to $20 apiece.
Golden Tree ups stake in Canada's Postmedia
US-based hedge fund Golden Tree Asset Management LP increased its stake in English-language daily newspaper publisher Postmedia Network Canada to 39% in a deal valued at $1.6 million.
AIG in talks with Netherland's AerCap on ILFC sale
American International Group is said to be negotiating the sale of International Lease Finance Corp. to Netherlands-based independent aircraft lessor AerCap Holdings NV. In December 2012, AIG agreed to sell as much as 90% stake in ILFC to a Chinese consortium for $4.7 billion.
MBC buys Bradford Mall in Pennsylvania
MBC Properties, the real estate arm of Miller Brothers Co, has bought the Bradford Mall in Pennsylvania and is planning to renovate the place and bring in new tenants.
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Investors Southeastern Asset Management and NNS Holding have been looking to divest their stakes in Texas Industries Inc. Cement producer Texas Industries is said to be working with Citigroup on a possible sale.
Texas-based tech giant Dell announced a new $300-million venture capital fund that will support enterprise technologies, big data, cloud computing, next generation data center, security, and mobility startups.
Citing sources, Bloomberg reported that consumer and retail-focused private equity firm Sycamore Partners is nearing a deal for the acquisition of retailer Jones Group Inc.
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
A Bloomberg report said Berry Plastics Group Inc is seeking to refinance its debt, offering to pay 2.75 to 3 percentage points more than the London interbank offered rate.
The Midtown Manhattan headquarters of Blackstone Group transformed to an animal kingdom as eight dignitaries from Sea World gave their private equity parent a visit.
Zubie, a connected car service provider headquartered in South Carolina, raised $10 million for its Series A round led by Castrol innoVentures, Comporium Inc and OpenAir Equity.
Boston-based caregiver services provider Care.com aims to raise $80 million in its initial public offering (IPO) on the New York Stock Exchange to capture the care market and develop new products.
Education startup Koru secured $4.35 million from Maveron and other investors to help transform the way recent college graduates prepare to work in the real world.
