Consumer Electronics

Videogame maker THQ gets court approval for sale of assets

THQ Inc said it received court approval to sell its assets to various buyers for about $72 million and will split up following the sale


RIM shares rally on report of Lenovo interest

Shares of Research In Motion Ltd jumped more than 3 percent on Thursday Shares of Research In Motion Ltd jumped more than 3 percent on Thursday after a report that China's Lenovo Group said a bid for the BlackBerry maker was among the options available to boost its mobile business.

McGraw-Hill Education Acquires 20 Pct Equity Stake in Dannish Area9

McGraw-Hill acquires a 20 percent equity stake in Denmark-based adaptive learning company McGraw-Hill Education today announced a deal to acquire a 20 percent equity stake in Area9 Aps, the Denmark-based adaptive learning company.

Larsen MacColl Sells Portfolio Company to Sansei Yusoki

Larsen MacColl has sold a majority stake in its portfolio company, S&S Worldwide to Sansei Yusoki Co. Ltd.


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Starwood Property and Starwood Capital said they would buy LNR Property for $1.05 billion in cash Starwood Property Trust Inc and investment firm Starwood Capital Group said they would buy LNR Property LLC for $1.
Bids, mergers, acquisitions and disposals reported on Wednesday The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Wednesday:- Private equity firm Electra has hired Rothschild to explore a sale or a refinancing of electronic animal identification company Allflex, which is worth about $1 billion, four industry sources with knowledge of the plan said.
Ubisoft Also Acquires Rights To South Park: The Stick Of Truth Ubisoft announced the acquisition of THQ Montreal as well as the publishing rights for the upcoming South Park: The Stick of Truth video game, being developed externally by Obsidian.
Galigeo acquired a majority stake in geoXtend GmbH of Limburg Galigeo acquired a majority stake in geoXtend GmbH of Limburg to address the growing Location Intelligence and Analytics markets in Germany, Austria and Switzerland.
Summit Hotel Properties Closes Acquisition on Hyatt Portfolio for a purchase price of $36.1 million Summit Hotel Properties, Inc. (NYSE: INN) today announced the closing of its acquisition of three hotels containing an aggregate of 426 guestrooms from certain affiliates of Hyatt Hotels Corporation for a purchase price of $36.
Hostess Brands' bid to sell its bread brands to Flowers Foods has hit a roadblock with unsecured creditors objecting to the break-up fees
Three private equity firms have gone through to the second round of bidding for R&R Ice Cream Three private equity firms have gone through to the second round of bidding for R&R Ice Cream, the maker of Fab lollies and Skinny Cow ice cream, banking sources said.
ESPN and World's Best Selling Camera Agree to Three-Year Sponsorship Deal GoPro, maker of the world's best selling camera, is teaming with ESPN, the worldwide leader in sports, to bring the action of the X Games to life likenever before.
Toyota is nearing an agreement to license its fuel-cell vehicle technology to BMW Japanese automaker Toyota Motor Corp is nearing an agreement to license its fuel-cell vehicle technology to Germany's BMW AG BMWG.
Education Holdings 1 Inc filed for bankruptcy protection a month after it agreed to settle allegations that it had made claims for tutoring services that it had not provided
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