Tribune Co. to split publishing and broadcasting businesses

The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.


VeloBit joins Western Digital's HGST

Western Digital acquired data storage solutions firm VeloBit. Western Digital Content, a digital storage provider, announced today that it bought software storage solutions provider VeloBit.

Boulder Brands gets US $330M new credit facility

Boulder Brands secures a US $330 million credit facility that will refinance its existing secured credit facility.

AXA Private Equity purchases 40% stake in HISI, now owns 80%

AXA Private Equity acquired Unicredit's 40% stake in HISI which allowed it to own 80% of the company.


Latest News

The Malaysian budget carrier's shares rose slightly during its trading debut following US $310M IPO.
AirAsia, on Wednesday, completed its IPO netting more than US$300 million. AirAsia X completed its market IPO on Wednesday. The company raised more than US$300 million, according to data sources.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
Crocus Tech, a semiconductor company, raised US$45 million worth of funds. Semiconductor producer Crocus Technology announced today that it has successfully closed its Series D round of financing with Eur34 million, equivalent to US$45 million.
CIT GAP Funds invested in CirrusWorks with the hope to control networks used by managers easier, faster and more efficient.
Steven Koinis was named as Maine Pointe's new vice president for private equity. In an announcement made by Maine Pointe today, the operations management provider named Steven Koinis as its new Executive Vice President of Private Equity.
Groupize raised US$2 million in its latest Series A fundraiser. Groupize, a travel booking engine provider, announced on Wednesday that it received US$2 million is Series A funding.
Mayfield named Ursheet Parikh as its new partner. Mayfield Fund, an early stage venture capital firm from Menlo Park, California, said on Wednesday that Ursheet Parikh will be its newest partner.
India's Flipkart raised US$200 million from a clutch of private equity funds. On Wednesday, India's Flipkart raised US$200 million from a clutch of private equity funds.
The technology company gets a US $50 million series C financing that it aims to use for their expansion endeavors.
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