SAP paves way to develop real-time supply chain software solutions as it plans to merge with SmartOps

Credit rally makes hedge fund managers nervous for 2013. Hedge fund managers are scampering for safety as a huge credit rally evaporates investor confidence in the market.

Bond investors seek new options during leveraged buyouts. The increasing number of large leveraged buyouts or LBOs is making many investment-grade debt investors nervous, calling out the US government to institute more protection be given them in light of current developments.

Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments. In a house-cleaning move, several major banking institutions are trying to rid itself of the credit portfolios that had been the major cause of the 2008 global financial crisis.

The US auto manufacturer has implied that it is actually boosting South Korean presence by making $7.3 billion investment for global growth.

Mentor Graphics Corp. has said it purchase assets at MontaVista LLC, marking its commitment to expand its automotive business unit.

Canvera awarded more venture capital money Canvera Digital Technologies Pvt Ltd was able to raise about US$6. 5 million in Series B round of funding from other sources at a time when known venture capitalists are leaving the market.

Wells Fargo continues private equity investment activity despite Volcker Rule. Wells Fargo and Co CEO Dick Kovacevich initially had reservations about banks dabbling in private equity investments.

CSC divesting interest in ESI. An agreement was recently reached by CSC and Itochu Techno-Solutions Corporation (CTC) together with the ITOCHU Corporation for the sale of the Enterprise Systems Integration (ESI) unit at CSC.

Aperam has teamed up with two steel makers to purchase the plant owned by Outokumpu, which has been aiming to get regulatory approval for purchasing a steel business in 2012.