Victory employees together with Crestview Partners acquired the asset management firm for US $246 million.
Investors
BAE Systems forecasts 10% rise to yearly earnings with multi-billion dollar Saudi jet deal
Britain's largest defence contractor said its annual earnings for 2013 will rise by 10% once it clinches the multi-billion jet fighter deal with Saudi Arabia.
Google new Wi-Fi provider for Starbucks
Google replaced AT&T and is now the new Wi-Fi provider for Starbucks. Google announced Wednesday that Starbucks will be their newest business partner. Over the coming 18 months, Google will be busy replacing AT&T's Wi-Fi offerings in all of Starbucks stores.
Leading storage solutions maker SanDisk invests in 3D gesture technology
SanDisk invests in Israel-based Pebbles Interfaces as part of its bid to provide assistance to startup companies.
Russia's Mechel offers ferroalloy assets to Turkey's Yildirim for USD 425 million
Russia's Mechel announced the sale of its ferroalloy assets to Turkey's Yildirim Group for USD 425 million.
Latest News
The Sony Xperia Z Ultra all set for its September launch. The Sony Xperia Z Ultra was confirmed to arrive in the coming months. The confirmation came by way of a pre-order for the device at retailer Unlocked Mobiles.
Etihad Airways announced it will buy a 49% stake in Serbia's losing JAT Airways. Serbia's loss-making JAT Airways found a savior in Etihad Airways.
H-D Advanced Manufacturing acquired Canada-based iMech for an undisclosed amount. For an undisclosed sum, H-D Advanced Manufacturing Co bought Innovative Mechanical Solutions Ltd and Leading Edge Heat Treatment.
Reuters reported that Temasek Holdings will need to find a Japanese or Chinese bank to buy its stake in Bank Danamon Indoneia.
Synack, provider of a security-based crowdsourcing platform, gets US $1.5 million after the close of its seed stage funding.
HP is expected to regain its lead in notebook market in the third quarter of the year. HP may once again take the lead in the notebook market in the third quarter, stated reports.
Amazon Kindle Fire HD will be launching this coming fall. New versions of the Kindle Fire and Kindle Fire HD will likely be launched in the coming months, according to reports.
Biopharmaceutical company Dicerna Pharma acquires US $60 million funding after the close of its third round financing.
Vodafone announced a reorganization of its European regional units in October. British multinational telecommunications company Vodafone Group announced that a reorganization is in the works.
