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Swiss cable solutions provider R&M acquires Indian firm Advanced Fiber Systems

Wetzikon, Switzerland-based cable solutions provider Reichle & De-Massari (R&M) acquired Bangalore, India-based fiber optic products manufacturer Advanced Fiber Systems (AFS) for an undisclosed sum as part of its efforts to expand in India.


Kima Ventures and Practica Capital invests €200,000 in Lithuania-based TrackDuck's seed round

TrackDuck, a visual feedback provider for web design and development, has obtained €200,000 from Kima Ventures and Practica Capital for its seed funding round, TechCrunch reported.

Japan to frame bitcoin rules after Mt. Gox collapse

Japan will be setting out rules this week on how it would treat bitcoin under its existing rules. This is seen as the country's first step in dealing with the digital currency after the closure of Mt. Gox, Reuters reported.

Facebook Messenger now available on Windows Phone

Facebook Messenger can now be downloaded for free on the Windows Phone via the Windows Phone Store, the software giant has confirmed the news through its blog.


Latest News

Berlin, Germany-based startup TVSmiles picked up $7 million in a Series A funding round led by Ventech to expand the reach of its loyalty program for its second-screen app beyond Germany.
"The venture capital industry as an industry is contracting." This is what Warburg-Pincus Senior Adviser and tech investor Bill Janeway told Forbes Contributor Igor Stenmark in an interview.
Machinima Chairman, Co-Founder and Chief Executive Officer Allen DeBevoise has made an undisclosed investment amount into MovieLala for the startup's seed financing round, PE HUB reported.
Biogen Idec, a biotech firm based in Cambridge, Massachusetts, has bought the rights of two experimental therapies for Alzheimer's from Tokyo-based Eisai Co, Bloomberg reported.
Yahoo will be requiring users who want to access its services to sign up for a Yahoo ID and will gradually be removing the option that allows them to use their Google or Facebook credentials to get access to the company's products.
After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.
Samsung will be $1.5 million each to two charities chosen by host Ellen DeGeneres after getting pleased with the results of her popular selfie taken with Samsung's Galaxy Note, TechCrunch reported.
San Francisco, US-based home search startup Zumper raised $6.5 million in a Series A funding round led by Kleiner Perkins Caufield & Byers (KPCB) to build its web and mobile platform for apartment rental.
New York, US-based stock photography agency Shutterstock is acquiring San Mateo, California-based digital asset management software maker WebDAM for an undisclosed amount to widen its market reach.
San Francisco, US-based startup ClassDojo bagged $8.5M in its first institutional funding round to develop its mobile platform that provides an easier way of managing and monitoring the behavior of students inside the classroom.