Huawei to invest in 5G research, allots USD600 million

Huawei Technologies Co promised to deliver fast 5G wireless connection service to its customers. In its statement said on Wednesday, Huawei Technologies Co said it would be pouring USD600 million to improve mobile connections for consumers in the next four years.


RenoNorden appoints Staffan Ebenfelt as Group CEO

RenoNorden, the Scandinavian waste management firm backed up by Capvest, announced the appointment of Staffan Ebenfelt as Group CEO.

Asian M&A market dominated by Japan and Thai tycoons

Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.

Anglo-American sells interest in Amapa iron ore mine to Zamin Ferrous

Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil. The mining consortium established by Pramod Agarwal, Zamin Ferrous, had completed the purchase of the Amapa iron ore mine located in Brazil.


Latest News

Dover Corp acquired industrial manufacturer Finder SpA for USD145 million. Dover Corp recently finalized a deal to purchase industrial company Finder SpA for USD145 million.
SFW Capital Partners made a strategic investment in California-based Industrial Dynamics Company (DBA Filtec) for growth and product expansion.
Brussels had launched a full state investigation on the joint venture between Solvay and Ineos due to antitrust concerns.
Experian said it would be buying Passport Health Communications for USD850 million. According to a statement by British credit data provider Experian, it would be acquiring Passport Health Communications.
OpenText Corp.'s shares rose to record high USD7.77 after its announcement to buy GXS Group Inc.
Amdocs recently bought network management company Celcite Management Solutions LLC for USD129 million in cash.
Synacor Inc acquired Android development platform company Teknision to develop a single homepage access for all media on mobile devices.
TV discovery startup i.TV has bought the newly funded GetGlue as a companion TV app. The Utah-based TV discovery startup i. TV had recently acquired GetGlue as a second-screen app mashup, according to a report by TechCrunch.
Samsung Electronics Co announced its plans in making more strategic acquisitions offshore. Samsung Electronics Co said it intended to make more international acquisitions after it had invested USD 1 billion in 14 companies since 2010.
Wix has set the opening price of its share for its initial public offering tomorrow at USD 16.50 apiece.
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