Billionaire Carlos Slim's company America Movil said that it had gotten funds to finance the acquisition of KPN's German unit.
North America
SugarCRM raises USD40 million from Goldman Sachs
Goldman Sachs invested USD40 million in software company SugarCRM allowing Goldman Sachs VP Antoine Munfa to join SugarCRM's board of directors.
Life Technologies board approves merger with Thermo Fisher
Life Technologies Corp members of the board approved through voting the company's merger with Thermo Fisher Scientific.
Worldwide Internet to purchase portfolio asset
Worldwide Internet Inc. announced today that it would acquire a portfolio asset in Greener Wind Solutions after it had completed acquisition of assets at Ludvik Holdings Inc.
Abbot closes deal in acquisition of IDEV Technologies
Abbott announced the completion of its purchase of IDEV Technologies Wednesday. Abbot reported today the finalization of its acquisition of IDEV technologies for USD 310 million.
Latest News
On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.
Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
Hewlett-Packard CEO Meg Whitman appointed several new people on board the computer manufacturer as further deterioration of HP's PC division dissatisfied investors.
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.
Goldman Sachs made an options malfunction yesterday that signaled perils of electronic markets still remain despite efforts to make electronic conditions better.
Sale of existing homes in the United States increased in the month of July, suggesting housing market recovery.
Microsoft launched "Bing for Schools" project to aggressively promote own products. Microsoft Corp launched Wednesday its "Bing for Schools" program.
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.
