Abbott completed its purchase of IDEV Technologies Inc for USD 310 million. Global healthcare company Abbott announced the completion of its purchase of IDEV Technologies from RiverVest Venture Partners.
Investors
Cantera Energy acquires South Texas Wells from EP Energy
Cantera Energy completed its acquisition of South Texas assets from EP Energy. Cantera Energy completed its acquisition of assets from EP Energy Wednesday for an undisclosed amount.
Investors fret after Goldman Sach’s options malfunction
Goldman Sachs made an options malfunction yesterday that signaled perils of electronic markets still remain despite efforts to make electronic conditions better.
Vestas Wind Systems replaces CEO
Vestas Wind Systems replaced its current CEO Ditley Engel with Anders Runevad who would start his duties on September 1.
Samsung's smartwatch stirs techies as launch draws near
Samsung Electronics created a stir with Galaxy Gear as its unveiling draws near. Samsung Electronics Ltd is launching its new gadget, the "Galaxy Gear" smartwatch.
Latest News
Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.
Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
The Royal Bank of Canada Global Asset Management unit named Mayur Nallamala as its new Asian equities head.
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Beer makers Heineken and Carlsberg said they would be looking to Asia and their new product offerings to meet their forecasted earnings this year.
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
Canadian investment manager Brookfield Asset Management Inc was able to raise USD 1 billion for its fifth fund.
