Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.

CareCloud acquired $20 million in series B funding after Tenaya Capital led the round. (Photo : Reuters)This is a representation of cloud technology. CareCloud acquired $20 million in Series B funding today.

A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.

Johnson Controls is looking to sell its automotive electric unit after competitors failed to gain buyout interest.

Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.

Kabel Deutschland confirms receiving initial offer from Liberty Global priced at Eur7.5 billion according to a British newspaper.

Johnson Controls Inc. is discussing with private equity firms about selling its automotive electronics arm priced at US$1 billion.

Sprint Nextel sued Dish on Monday after stating that its rival company violated the Delaware law. (Photo : REUTERS/Keith Bedford)People talk on their cell phones as passers-by walk past a Sprint store in New York.

According to sources, Talisman is looking into selling its shale assets in Eagle Ford to raise US$2 billion.

Verizon Communications, among other telecoms firms, may seek to participate in the Canadian wireless market.