Deals
IBM aims to look for chip business joint venture as sale plans fail- sources
As plans to look for a buyer for its chip manufacturing business fail, IBM is said to be looking for a joint venture partner for the operations, according to sources interviewed by Bloomberg.
Private equity firm KKR to purchase National Vision
KKR, a private equity company, will be purchasing optical retailer National Vision based in Lawrenceville, Georgia for an undisclosed amount, The Atlanta Journal Constitution reported.
Startup Bitcoin Kinetics offers 10 billion shares of Bitcoin-denominated stock
Ten billion shares of common stock were offered by bitcoin firm Bitcoin Kinetics on the website Cryptostocks, Quartz reported. The startup intends to make hardware that enables vending machines to accept payment in Bitcoin.
India's MakeMyTrip buys Amsterdam's EasyToBook for $5M
India-based travel booking website MakeMyTrip bought Amsterdam, Netherlands-based hotel booking portal EasyToBook in a deal valued at around $5 million to increase its revenue through online hotel bookings.