San Antonio based global media and information company Hearst Corp agreed to purchase an 85% stake in Dallas-based home health and hospice software maker Homecare Homebase LLC for an undisclosed amount.
Deals
AMC Entertainment Holdings says it will raise USD 368 million in IPO
US movie company AMC Entertainment Holdings Inc said it will seek to raise USD 368 million in its initial public offering. AMC is owned by the Dalian Wanda Group controlled led by Wang Jianlin, the richest man in China.
Calpine to pay $625M for Texas power plant
Houston-based energy firm Calpine Corp said it agreed to buy the 1,050-megawatt Guadalupe Power Plant near San Antonio for USD625 million from MinnTex Power Holdings LLC.
Executives bid to takeover Kering's La Redoute in France
La Redoute chief executive Nathalie Balla and Redcats finance chief Eric Courteille have reportedly made a joint bid to acquire Kering's loss making mail order business La Redoute.
American high-end watch rental firm Eleven James nabs $1.4M in seed funding
New York-based startup Eleven James received USD1.4 million in seed funding from strategic investors to launch its luxury watch rental and watch trade-in service for men.
Latest News
Los Angeles-based media platform company The Chernin Group (TCG) acquired a majority stake in anime video distribution firm Crunchyroll, giving Peter Chernin's company one of the world's largest streaming websites.
San Francisco-based web app Swarm Mobile raised around USD3.5 million to develop technology that can track in-store shoppers through their smartphones to help physical stores compete with e-commerce retailers.
U.S. cinema chain AMC Entertainment Holdings Inc plans to raise as much as $368 million from an initial public offering of 18.4 million Class A shares.
Oil States Industries, Inc., subsidiary of Oil States International, Inc., has acquired Quality Connector Systems, LLC, headquartered in Houston, Texas. QCS designs, manufactures and markets a portfolio of proprietary deep and shallow water pipeline connectors for subsea pipeline construction, repair and expansion projects.
Apple Inc has acquired social media search and analytics startup Topsy, an unusual purchase for a hardware-focused company that has made few forays into social networking.
OCZ Technology Group, Inc. today announced that the Company has signed an asset purchase agreement with Toshiba Corporation to acquire all of OCZ's assets in a chapter 11 bankruptcy proceeding for $35M.
TELEHOP COMMUNICATIONS INC SAYS THE PURCHASE PRICE FOR THE BUSINESS WILL BE $4.3 MILLION Telehop Communications Inc. today announced its expansion into Wireless Services by signing a Letter of Intent to acquire G3 Telecom's Business including wireless and United States operations, and a private placement of $3 million of 10% unsecured 5 year debentures.
NCR Corporation announced that it had agreed to purchase Digital Insight Corporation for $1.65 billion, and that it had completed the acquisition of Alaric Systems Limited, for approximately $84 million.
A second data center in Amsterdam was launched by software Design Description (SDD)-only web hosting and cloud infrastructure provider DigitalOcean as part of its strategy to meet customer demand in cloud services.
