Ascent Solar Technologies Inc has obtained the second $5 million investment from Ironridge Technology Co to complete the second closing of the Series B preferred stock purchase agreement with the division of Ironridge Global IV Ltd.
Deals
Magic Johnson purchases WNBA team LA Sparks
NBA legend Earvin “Magic” Johnson, together with Los Angeles Dodgers controlling owner Mark Walter, have become the new owners of women’s basketball team LA Sparks.
Iowa-based education startup Higher Learning Technologies bags $1M in funding
Coralville, US-based education startup Higher Learning Technologies bagged $1 million from investors in its first funding round to dozens more to its existing mobile education apps this year.
South Africa-based AECI Ltd acquires Clariant's water treatment unit for $36.7M
AECI Ltd, the South African explosives and chemicals manufacturer, will be buying the the African water treatment business of Clariant for a price tag of $36.7 million, Bloomberg reported.
Identity authentication firm HID Global acquires New Mexico's Lumidigm
California-based identity authentication firm HID Global acquired Albuquerque, New Mexico-based authentication solutions provider Lumidigm for an undisclosed amount to extend its product portfolio and gain new secure identity solutions.
Latest News
Media and digital marketing firm Dentsu Aegis Network added China-based social creative firm Verawom for an undisclosed sum, in a deal that will integrate the latter into the Isobar China group.
New York, US-based investment management firm Blackrock raised its stake in UK-based Internet media firm Blinkx to 13% amid allegations that the latter was using adware to boost its revenues.
Private equity giant KKR will be withdrawing two funds targeted for individual investors, a move that is seen as a blow to its efforts to grow its product offerings beyond institutional investors, Reuters reported.
Kantox, a peer-to-peer currency exchange platform, has obtained €6.5 million from Partech Ventures and Idinvest Partners to help improve its presence in Europe and develop its technology, the website growthbusiness.co.uk reported.
iCitizen Corp, a politics-focused startup, endeavors to keep people in the loop about political issues and legislation using its mobile app, Venture Capital Dispatch reported.
Planetary Ventures, the shell firm that Google infrequently uses for its real estate deals, has won the right to lease Moffett Field and Hangar One.
Teen apparel retailer Aeropostale, which had posted losses for four straight quarters, is reportedly mulling over a capital increase from private equity investors. Should the teen apparel retailer decide to raise capital, Aeropostale may do it via a private investment in public equity (PIPE) deal.
San Francisco, US-based big data startup Splice Machine raised $15 million in a Series B funding round led by Interwest Partners for the marketing and development of its database that can make Hadoop run in real time.
Private equity firms, including General Atlantic Partners, Actis Capital, Baring Private Equity Partners Asia and Apax Partners, are reportedly in talks with the principal owners of Credit Analysis and Research Ltd. CARE's top three shareholders are seeking to divest a 32% to 38% stake in the credit ratings company.
