Apple and Los Angeles Unified School District would join forces through a US$30 million-worth deal. Next year, the Los Angeles Unified School District would put 640,000 iPads into the students' hands.
North America
JP Morgan considers sale of physical commodities business
JP Morgan explores options to sell trading and physical commodities businesses. JP Morgan Chase & Co announced that they plan to step out of the business of trading and owning physical commodities which range from oil to metals.
LearnVest raises U$16 mln in latest financing round
LearnVest gets US $16 million in its latest financing round led by Accel Partners. Online financial management firm, LearnVest. com, revealed on Friday that it closed US $16.
Beleaguered Handy Hardware gets another lease on life
Handy Hardware gets help from Littlejohn & Co. as the private equity firm takes the reins of the company's acquisition and refinancing.
Zynga shares drop after abandonment of real-money gaming
Social games provider Zynga Inc loses investors and revenue after announcing abandonment of real-money gambling plans.
Latest News
Adobe's recent acquisition, Neolane, would help the company attain US$1.19 billion earnings from digital marketing cloud.
Private Equity Headhunters now has a new Chief Technology Officer in Mr. Jaree Zafar. Mr. Jaree Zafar was appointed as the Chief Technology Officer of Private Equity Headhunters, a Texas-based firm that focuses on getting jobs for executives.
Pembina Pipeline Corp. has offered 10,000,000 cumulative redeemable rate reset class A preferred shares during a public offering, which raised US $250 million.
Oracle signed a contract with Microsoft to permit Java developers to make applications on Microsoft's servers.
Ciris Energy was able to close a total of USD 25 million from Asia Pacific Capital of Hong Kong in Series C funding.
EquaMetrics Inc. secured US $2 million in seed funding, bringing its total capital to US $4.5 million.
W.P. Carey is set to shell out US $4 billion to purchase Corporate Property Associates 16 - Global Inc.
JOOR, an online fashion marketplace, secured US $15 million in a series B funding led by Canaan Partners.
IT company Catbird gets additional US $10 million investment from Medina Capital. Catbird, an IT company that develops security solutions software for cloud data centers, said it closed another US $10 million in investment from Medina Capital.
