CSC agreed to buy Ignition Partners-backed enterprise cloud management company ServiceMesh. Next-generation information technology services and solutions leader CSC, originally called Computer Sciences Corporation, said it had agreed to purchase ServiceMesh.
Deals
National Bank of Abu Dhabi set to expand internationally
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
Tech community monitors Chegg IPO
The initial public offering of Chegg was highly anticipated by the technology community following its impressive growth
IPO Market sees high investor participation
Investor hype had been observed in recent initial public offerings. In a report by USA Today, investors were seen in a frenzy to invest into everything that has a ticker symbol.
Apollo and Cooper Tire decide on tentative arrangement for merger
Apollo and Cooper Tire decided on a tentative agreement with trial to begin on Tuesday. NDTV Profits reported that a tentative agreement with workers of United Steelworkers union and Cooper Tire & Rubber Co was reached.
Latest News
A regulatory filing showed that Yucaipa Cos has given a USD 261 million or USD 8 per share offer for Morgans Hotel Group Co.
Qunar, China’s travel booking service, raised USD167 million in initial private offering on its first day of trade.
NEWSCYCLE Solutions announced that it had bought the Atex AdBase advertising systems business from the Atex Group.
Twitter initial public offerings increased to USD26 per share by The Wall Street brokerage. On Friday, Morningstar united with three brokerages after setting price aim for Twitter Inc.
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
ING Group announced its exit from its EUR24 billion or USD33 billion mortgage securities portfolio. Dutch financial services firm ING Group announced on Friday that would it be exiting from a series of US mortgage-backed securities.
Royal Bank of Scotland revealed its company strategies on Friday to return over GBP45 billion it received from the British government as bailout money.
New investor Sequoia Capital and other existing investors had backed Berlin-based 6Wunderkinder's USD30 million Series B funding round.
Industry analysts said that AT&T's consideration on acquiring a European asset like Vodafone Group was the next logical step for the US mobile operator.
