After seven months since its launch, Sold announced it had been purchased by Dropbox for USD1.2 million.
Investors
Supercell Oyj agrees to USD1.53 billion buyout by SoftBank for “Clash of Clans”
Supercell Oyj and SoftBank had agreed on a USD1.53 billion deal in the hopes of gaining a significant market share in mobile gaming
Brentwood Associates affiliate acquires Allen Edmonds Corp
A Brentwood Associates affiliate would be buying shoemaker Allen Edmonds Corp. Port Washington-based Allen Edmonds Corp said it would be purchased by an affiliate of Los Angeles-based private equity firm Brentwood Associates.
Cooper Tire & Rubber, Apollo Tyres go to trial today over buyout deal
Cooper Tire & Rubber and Apollo Tyres would be meeting in court today over its planned buyout deal.
Spire Capital to make full exit of Just Marketing International for USD 76 million
Spire Capital would be selling Just Marketing International to Chime Communications in deal worth USD 76 million.
Latest News
Clothing company Joules scored a GBP 22 million investment from private equity company Lloyds Development Capital.
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
Dallas-based TI and 7-Eleven executives attended a forum in the Southern Methodist University where corporate venture capital was discussed.
Velocity Venture Capital accepted 10 technology startups into the third level of its Business Accelerator program.
BlackBerry Interim CEO John Chen stressed his experience to be able to turn around the firm. in light of the pull out of Fairfax Financial Holdings and the removal of their CEO, BlackBerry did damage control in appointing John Chen as its interim CEO and executive chairman.
Twitter reprices its IPO shares to USD23 and USD25 per share, pegging the volume price at USD1.75 billion.
Top equity fund manager in Thailand reduced domestic shares holdings and sold off stocks while protests against government amnesty bill continued.
Carlyle Group hired weteran buyout Warburg Pincus executive Kewsong Lee to be its Deputy Chief Investment Officer.
Social media is utilized by financial advisers to connect with managers and prospective clients. In a report by Zurich Financial Services Australia, the number of financial advisers using social media has increased.
