Apple announced in its iPhone launch event today that the iOS7 mobile device would be marking its 700 millionth delivery by next month.
Growth Equity
Dalian Wanda Group to invest in US hotel management companies
In an interview with Bloomberg News, China's richest man Wang Jianlin has hired two investment banks to assist his company in planned acquisitions of hotel management companies in the US and London.
Synnex acquires IBM's customer care BPO services business
Synnex Corp. announced that it would acquire IBM's BPO services through a combination of cash and stock payment.
Blitsy receives investments in latest funding round
Blitsy, the online crafts company and site, received over a million dollars in seed funding from known institutional and angel investors.
MobileRQ closes latest funding round
USD800,000 was received by MobileRQ from its latest funding round. The initial funding round of MobileRQ was completed with Verizon Investments LLC leading the way.
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Today, Walgreens announced signing a definitive agreement to purchase Kerr Drug's retail and specialty pharmacy business without disclosing financial terms of the deal.
AAMP of America announced the acquisition of INTRAPHEX from Tatmar LLC. AAMP of America, Inc. is a portfolio company of Audax Private Equity. The former had announced today the acquisition of INTRAPHEX.
An oversubscribed fourth Asia fund was closed by Lombard Investments with an amount of USD350 million.
The Series B funding round of Benu Networks raised a total of USD26.6 million for the company. A USD26. 6 million Series B funding round was recently announced by Benu Networks Inc.
TapInfluence said that it had raise USD5 million in Series B funding led by existing and new investors.
In addition to its recent partnership with lab testing company Theranos Inc, Walgreens Co purchased drugstore chain Kerr Drug for an undisclosed amount in preparation to the launch of the US's Affordable Care Act.
The third tranche of its pre-IPO investor round was completed by WISeKey raising an additional USD40 million.
EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.
