Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Deals
RallyPoint secures USD 5 million in Series A round from DBL Investors
RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.
BlackBerry drops buyer search
Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.
Poll shows investors think Twitter is a bad investment
A poll taken by AP-CNBC showed that almost half of active investors think that Twitter is a bad buy.
MediaSpike raises USD5.2 million in series a funding
MediaSpike raised USD5.2 million from investors for the placement of ads in mobile and social games.
Latest News
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.
Rapid-I, a leader in predictive analytics market, would be using its recent funding to scale its business in the US.
The bid by Deutsche Wohnen AG for GSW Immobilien AG had reached 78.6% of total shareholdings. The offer made by Deutsche Wohnen AG for the purchase of residential landlord GSW Immobilien AG is considered as the largest real estate acquisition in Germany in the past five years.
Anadarko Petroleum Corp's divestment of its China projects may fetch USD billion, said anonymous sources.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
PurThread Technologies, a textile company which had pioneered the technology to reduce bacteria in textile fibers, received over USD7 million in funding led by board chairman Richard Bodman.
Edmond de Rothschild raises EUR192 million or USD250 million for its BioDiscovery 4 fund. The Edmond de Rothschild Investment Partners have announced the closure of its BioDiscovery 4 Venture capital fund for European life science companies.
