Bain Capital Ventures and Spectrum Equity have obtained minority stakes in healthcare software provider MedHOK or Medical House of Knowledge in a $77.5 million deal, Reuters reported.
Investors
Symphony Technology Group, Evidera purchase Kaiser Permanente subsidiary Archimedes
Private equity firm Symphony Technology Group or STG and its portfolio firm Evidera said they had purchased healthcare modeling company Archimedes for an undisclosed amount.
Singapore's OCBC unveils $100M China private equity fund
Singapore's Oversea-Chinese Banking Corp. Ltd. recently launched a $100 million private equity fund to invest in onshore Chinese companies over the next five years. The said fund will managed by OCBC Capital Equity Investment Management Co. based in Shanghai.
Report gives 5 lessons gleaned from the Bitcoin phenomenon
Reuters Breakingviews Economics Editor Edward Hadas said the Bitcoin is nearing its end. Before it becomes forgotten, he gives five lessons that can be learned from the Bitcoin mania.
Closing Time closes $2.7M in funding to simplify home-buying process in the US
California, US-based home buying to-do service Closing Time raised $2.7 million in a funding round led by Accel Partners and former Yahoo executives, for the expansion of its service and workforce.
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Bangalore, India-based healthcare marketplace Medypal bagged $400,000 in a seed funding round from Unitus Seed Fund to help patients in the country find good and affordable service providers.
The former head of ORIX USA, Jim Thompson, has launched Preston Hollow Capital, an investment company that will target fixed income, venture capital and hedge funds.
AstraZeneca's MedImmune unit has partnered with Immunocore, a private British biotechnology company, to develop a cancer drug that would tap on the body's immune system, Reuters reported.
Geneva-based Vitol Group is thinking of making a bid for some of Royal Dutch Shell's downstream operations in Australia, according to sources interviewed by Bloomberg.
Oil and gas firms ONGC Videsh Ltd and Oil India Ltd have completed the joint purchase of Videocon Group's 10% holding in a gas field in Mozambique in a deal valued at $2.475 billion.
Norway-based newsprint and magazine paper manufacturer Norske Skog inked an agreement to exit its remaining stake in its Brazilian operations to Papeles Bio Bio SA for $37 million.
England, UK-based specialty medical device maker Lombard Medical Technologies PLC plans to pursue an initial public offering (IPO) and listing of ordinary shares in the US.
San Francisco-based Wells Fargo & Co has given the task of originating mortgages for the largest home lender in the US to 400 underwriters, Bloomberg reported.
US-based multinational banking and financial services firm JP Morgan Chase & Co purchased an equity stake in alternative trading systems operator Chi-X Global Holdings LLC for an undisclosed sum.
