Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.
Corporations
Worldwide Internet to purchase portfolio asset
Worldwide Internet Inc. announced today that it would acquire a portfolio asset in Greener Wind Solutions after it had completed acquisition of assets at Ludvik Holdings Inc.
Abbot closes deal in acquisition of IDEV Technologies
Abbott announced the completion of its purchase of IDEV Technologies Wednesday. Abbot reported today the finalization of its acquisition of IDEV technologies for USD 310 million.
Animal testing complicates L’Oreal expansion
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
PTA Holdings announces talks for acquisition of trailer leasing company in Midwest
PTAH Holdings announced talks for acquisition of Midwest based trailer leasing company. PTA Holdings Inc announced a plan to purchase an undisclosed trailer leasing company that is based in the Midwest.
Latest News
Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
Cantera Energy completed its acquisition of South Texas assets from EP Energy. Cantera Energy completed its acquisition of assets from EP Energy Wednesday for an undisclosed amount.
Vestas Wind Systems replaced its current CEO Ditley Engel with Anders Runevad who would start his duties on September 1.
Samsung Electronics created a stir with Galaxy Gear as its unveiling draws near. Samsung Electronics Ltd is launching its new gadget, the "Galaxy Gear" smartwatch.
Microsoft launched "Bing for Schools" project to aggressively promote own products. Microsoft Corp launched Wednesday its "Bing for Schools" program.
Abbott completed its purchase of IDEV Technologies Inc for USD 310 million. Global healthcare company Abbott announced the completion of its purchase of IDEV Technologies from RiverVest Venture Partners.
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
Beer makers Heineken and Carlsberg said they would be looking to Asia and their new product offerings to meet their forecasted earnings this year.
