Michigan Pre-Seed Capital Fund has invested a total of $1.5 million to 6 start-ups in Michigan. The Michigan Pre-Seed Capital Fund had given funding to 6 companies in Michigan totaling $1.
Investors
Insight Venture Partners boosts MediaSpectrum with $35.8 million minority equity investment
Insight Venture Partners has given a $35.8 million minority investment to MediaSpectrum. Insight Venture Partners has given $35. 8 million in minority equity investment to MediaSpectrum, Inc.
MySocialCloud now part of Reputation.com
MySocialCloud is now part of Reputation.com. MySocialCloud, the platform that allows users to manage their logins, passwords, and other data from one place, has been acquired by Reputation.
Global Investments completes US$1.7 billion restructuring plan
Kuwait's Global Investment House proudly announced the completion of their restructuring plan tagged at US$1.7 billion.
FMC buys Epax
FMC Corp said that they are set to acquire Epax, a Norwegian supplier for Omega 3 fatty acids. FMC Corp (FMC) announced that they have agreed to buy the Norwegian supplier for Omega 3 fatty acids, Epax.
Latest News
UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
In Series B funding, iRule has received $100,000 in funds from IncWell. IncWell LP, a private venture capital company, had invested $100,000 in iRule in Series B funding.
Sanofi India Ltd. and the Carlyle Group are in separate negotiations for the purchase of Elder Pharmaceuticals Ltd domestic drug formulations business.
Analysts commented on their take on Apple's June quarter results. Apple revealed its results for the June quarter. Traders were pleased with the report even though the result was mixed.
Apple and Google's effect on PC industry would result to investors' reassessment of their investments on Intel and Microsoft.
ADNOC announced that they are halfway through their US$40 billion investment plan. Abu Dhabi National Oil Co. (ADNOC) said that they are halfway through plans for the company's US$40 billion investment plan.
SIFCO acquires competitor commercial aerospace component supplier MW General. SIFCO Industries, Inc. , leading aerospace and energy industries components supplier, announced its acquisition of MW General's operations and operating assets.
HanesBrands Inc said that they will purchase Maidenform Brands Inc for US$575 million. HanesBrands Inc. announced that they have agreed to buy Maidenform Brands Inc.
UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial. UK Asset Resolution (UKAR), also known as Britain's 'bad bank', announced that they have agreed to the sale of a Northern Rock portfolio.
