New York, US-based real estate services and investment firm Kennedy-Wilson Holdings Inc purchased Victory Plaza retail center and its neighboring 2.4-acre land in Los Angeles, California for a total of $30 million in debt.
Deals
Google to acquire Artificial Intelligence firm DeepMind
Search giant Google will be purchasing London-based artificial intelligence startup DeepMind founded by Demis Hassabis, Jaan Tallin and Shane Legg, according to news website Re/code.
Trina Solar Chairman sees solar mergers accelerating in the next three years
Chairman Jifan Gao of Trina Solar Ltd said that there will be an acceleration in the rate of consolidations in the solar manufacturing industry in the next three years, Bloomberg reported.
India-based Kotak Private Equity to purchase 19pct stake in Samson Maritime- sources
Kotak Private Equity is purchasing a 19% stake in offshore logistics support services firm Samson Maritime from IFC and JM Financial for Rs 150 crore, sources told The Economic Times.
US regulators win antitrust case against St. Luke's Health System and Saltzer Medical Group
The Federal Trade Commission scored a victory today after a federal judge ruled that the merger of a hospital chain and a doctor group must be undone because it violated antitrust laws, Bloomberg reported.
Latest News
Union Square Ventures, a New York-based venture capital firm, has secured $350 million which will be divided between its fourth early stage fund and second "opportunities" fund, Fortune reported.
Private equity investor Andrea Bonomi, the biggest investor in Milan, Italy-based banking firm Banca Popolare di Milano (Pop Milano), has offloaded his entire 8.6% stake in the bank, according to a source familiar with the matter.
After two years of operation, California, US-based virtual gaming startup Cloud Party has been acquired by Yahoo for an undisclosed amount and will shut down on February 21, 2014.
The co-founders of Bangalore, India-based offline search engine Innoz are seeking $500,000 in seed funding to build a rival app for Jelly which will target the US market.
UK-based recycling, renewable energy and waste management firm Viridor invested in a £25-million glass recycling facility in Scotland that will help create 300 full-time jobs in the country.
Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.
Chicago, Illinois-based tutoring marketplace WyzAnt acquired New York-based Tutorspree, a fellow marketplace competitor, that has been closed down since September 2013, for an undisclosed amount.
San Ramon, California-based dental equipment designer and manufacturer Danville Materials LLC received an $8.5 million investment from North Carolina-based investment firm Triangle Capital Corp LLC.
Boulder, Colorado-based software startup JumpCloud bagged $3 million in venture capital in a round led by Bullet Time Ventures and Foundry Group, to fund the expansion of its software engineering and development team.
