Splice was able to raise USD 2.75 million in seed capital from its latest funding round. Splice announced the close of its seed funding round with USD 2.
North America
Marchionne: IPO not the best way to invest in Chrysler
Fiat CEO Sergio Marchionne had discouraged investors in a conference last week to participate in the upcoming debut of Chrysler Group, said a Reuters report.
Stonepeak Infrastructure Partners raises USD1.65 billion for its infrastructure fund
Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.
Oxford Nanopore receives investment funding`
About GBP40 million was invested into Oxford Nanopore Technologies by new and old investors for the expansion of sales and manufacturing capacity of the company.
Microsoft ups hacker offer, pays USD100,000 for Windows 8.1 bypass
A hacker identified as James Forshaw received USD100,000 in prize money from Microsoft Corp's bug bounty program for finding a new way to bypass security of Windows 8.1.
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Verisae acquired Hara Software for an undisclosed amount. Verisae announced its purchase of Hara Software. No financial terms were disclosed. However, Verisae Chief Executive Officer Jerry Dolinsky said the acquisition was highly strategic.
Shares of SFX Entertainment Inc dropped 2.6% in early trading post-IPO. Music festival producer SFX Entertainment Inc saw its share price dropped in early trading just after raising USD260 million in its public listing.
Thoma Bravo would be purchasing Empirix Inc for an undisclosed amount. Private equity firm Thoma Bravo announced that it had inked a definitive agreement to purchase Empirix Inc.
A total of USD24 million in investments was received by Website translation software startup Smartling in a recent founding round led by Tenaya Capital.
GTCR announced that it had approved a deal to sell portfolio firm Six3 Systems to CACI International.
A report from The New York Times' The DealBook said the US government would stand to lose billions of dollars in lost tax revenues should corporate inversion continue.
A joint venture firm was agreed to be formed between Siemens AG and John Wood Group John Wood Group Plc, the energy service firm together with Siemens AG, the German industrial conglomerate, have announced the formation of a joint venture entity to create a globally integrated rotational equipment service unit.
Saks Inc Stephen Sadove was appointed to the Board of Directors of JC Penney. JC Penney Co said the Chief Executive Officer of Saks Inc, Stephen Sadove, would be joining its board of directors.
American companies had been seen doing mergers abroad most likely because of the lower taxes available in their new homes.
