Corporations
TranSwitch Corp scores USD 2.5 million from Ilex Partners
Semiconductor maker TranSwitch Corp raised USD 2.5 million from Ilex Partners. TranSwitch Corp said it raised USD 2. 5 million in equity investment from private equity company Ilex Partners.
Infraredx Inc gets USD 25 million investment from Nipro Corp
Medical device maker Infraredx Inc said it received a USD 25 million equity investment from Nipro Corp.
MicuRx scores USD 25 million in Series B round
MicuRx Pharmaceuticals Inc announced the successful closing of its Series B round with USD 25 million.
Geely Automobile to start offering vehicles co-developed with Volvo in 2015
Geely Automobile Holdings announced it would start to offer cars it had developed with Volvo in 2015.
Latest News
The German private sector showed robust growth in August, according to Markit's PMI survey. The private sector in Germany showed signs of growth. A new survey conducted by financial information services company Markit revealed that the Purchasing Managers' Index (PMI) of Germany's private sector increased to 53.
Credit Suisse said Rio Tinto and Anglo American could become BHP Billiton's potential partners for its potash mining project in Canada.
Johannesburg-based mining firm Gold Fields Ltd said it had signed an acquisition agreement with Barrick Gold to buy the latter's assets in Australia.
CenturyLink Inc would receive USD54 million from the Connect America Fund of the FCC to finance the broadband services in suburban homes of high-cost areas.
The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.
BioReference Laboratories made known its definitive agreement for the acquisition of BioSystems CLIA,
Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.