Redwood City, US-based remote home monitoring company iControl Networks acquired Ottawa, Canada-based home automation device maker Blacksumac for an undisclosed amount to expand its product portfolio.
Corporations
Quora to expand website operation, creates the next Wikipedia
Quora has announced taking a bigger step into expanding its business similar offering services similar to that of Wikipedia's, reported Venture Beat.
Tech selloff affects silicon valley's wealthiest men
According to Bloomberg's Billionaire Index, the selloff of technology shares caused the wealthiest men in Silicon Valley to lose USD11.5 billion.
Italian real estate firm Risanamento inks deal to sell nine of its French properties
Risanamento has announced on Wednesday that the company would sell eight of its properties in France to Chelsfield and The Olayan Group while company shareholder Luigi Zunino was offered one property, reported Reuters.
Mars Inc. to acquire Procter&Gamble's pet care brands valued USD2.9 billion
Mars Inc. announced on Wednesday that it would acquire the pet care brand names of Procter&Gamble in a deal valued USD2.9 billion, reported Reuters.
Latest News
Philippine consortium LT Group Inc (LTG) increased its stake in Negros Occidental-based integrated sugar mill and refinery Victorias Milling Company Inc (VMC) from 7.4% to 14.8% for an undisclosed amount.
Social media giant Twitter snapped up Cover, a startup that offers a lock screen and app drawer for Android devices, for an undisclosed amount, to boost its popularity among Android users.
Bangkok, Thailand-based digital publication platform Ookbee landed $7 million in a Series B funding led by Japanese outsourcing firm Transcosmos to fuel its Southeast Asian expansion.
Ridgeville, US-based biotech forestry firm ArborGen purchased Southland, New Zealand-based seedling grower Edendale Nursery for an undisclosed amount to tap the markets in the North and South Islands of New Zealand.
Rehovot, Israel-based 3D printing firm Stratasys bought Wisconsin, US-based plastic filament maker Interfacial Solutions for an undisclosed sum to streamline its operations through hardware and filament production.
Boston, US-based real estate investment and management firm Albany Road Real Estate Partners bought downtown Nashville's Service Source Tower in a deal valued at $34 million.
California, US-based e-learning platform Lynda.com added Halifax, Canada-based coding platform Compilr in a deal valued at $20 million to expand its video-based courses and services.
New York, US-based media asset management firm Dalet Digital Media Systems inked a deal to acquire Basingstoke, UK-based video transcoding firm AmberFin for an undisclosed amount.
US-based electronics giant Apple Inc acquired British automatic speech recognition startup Novauris Technologies for an undisclosed amount more than a year ago to gain traction over Google Now and Microsoft Cortana.
