North America

Ohio received US$132 million in venture capital funds in the second quarter

A PricewaterhouseCoopers report revealed that venture capitalists invested more than US$132 million into Ohio in the second quarter of 2013.


CORRECTED: PlayOn Sports Closes USD 26M in Series D Funding

PlayOn Sports raises a total of USD 26 million in Series D Funding. (CORRECTION: Updated the previous image) Atlanta-based PlayOn! Sports, otherwise known as 2080 Media Inc, announced that it has raised Series D funds totalling USD 26 million on Monday.

PacWest acquires CapitalSource Inc

PacWest Bancorp said that they will acquire CapitalSource Inc for US$2.29 billion in cash and stock options.

LiquidPiston Raises USD 6.5 Mln in Series C Funding

LiquidPiston Inc closes with USD 6.5 million in the series C funding round. Combustion engine manufacturer LiquidPiston Inc announced a USD 6. 5 mllion first closing of the series C funding round.


Latest News

Elastic Path Software received C$12 million worth of funding from several investors including Yaletown Venture Partners.
Baxter International wins approval of EU after divesting of CCRT. Dialysis products specialist Baxter International Inc. (BAX) earned conditional approval to purchase Sweden-based competitor Gambro AB from the European Union.
Discount and Koor shares rise to highest number in 14 months. Discount Investment Corp. (DISI) shares rose 8. 3 percent to 17. 29 shekels, resulting the highest value since May 2012.
Currency risk is based on currency fluctuations of one currency as against another. In a nutshell, currency risk is a kind of risk that stems from the changes in the valuation of currency exchanges.
CFTC releases a decision penalizing Panther Energy LLC for its illegal activities done through spoofing.
Activist hedge fund Third Point LLC decided to sell back 40 million worth of shares to Yahoo Inc. On Monday, Third Point LLC, an activist hedge fund, agreed to sell 40 million worth of shares in Yahoo back to the internet company.
Pharmaceutical giants Pfizer, AstraZeneca and Novartis are among those to propose bids for Onyx Pharmaceuticals.
Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share. Third Point LLC, the firm headed by Dan Loeb, was at the forefront in the change of Yahoo's board a couple of years back.
Hasbro Games remakes classic games and gains 19 percent increase in sales. World-famous toymaker Hasbro Inc. (HAS) is showing promising results in the sales of its games through iPad.
Beacon Equity Partners relinquishes its ownership over IP software Anaqua Inc in favor of Insight Venture Partners.
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