The data server company clinched a deal with Summit Partners to fund its expansion. Real-Time Big Data Server company WebAction, Inc announced that it has clinched an US$ 11 million financing for research and development expansion, sales and marketing investment increase and other business expansion endeavors.
North America
Clearwire Shareholders Favor Sprint Nextel’s Bid
The shareholders at Clearwire approved the buyout bid from Sprint Nextel to acquire more than 49% of the company that it does not own on Monday.
Buffet Breaks Own Record at Giving Gifts
Buffet gave around 17.5 million Class B shares to the Bill and Melinda Gates Foundation. Warren Buffett has contributed a record US$2 billion to the Bill and Melinda Gates Foundation.
Barnes & Noble CEO Resigns
Chief Executive Officer for Barnes & Noble William Lynch resigned on Monday after failure to lead the US bookstore chain to compete against Amazon.com and Google Inc in the online market.
Accenture reinforces its services with Acquity Group Acquisition
In its bid to enhance the services it provides, Accenture buys Acquity Group Ltd for US $316 million
Latest News
Friendly's Ice Cream LLC takes over the American-themed company, which has over 300 corporate and franchises.
Edward (Ted) Marple takes the lead of the research organization as its founder Paul Wengender focus on the business aspect.
Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.
Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.
Signal Hill sponsors Boston-based Launchpad Venture Group. In an announcement today, investment bank Signal Hill said that it became a major sponsor of Launchpad Venture Group.
Data Device Corporation, Behrman Capital's unit, bought National Hybrid Inc. from API Technologies Corp. for US$32.5 million.
Due to a newly created rule, alternative investment market trusts can now be captured in investment savings accounts.
Brookfield named Kim Redding as its new chief investment strategist. Brookfield Asset Management, an alternative asset managing firm, announced today that it appointed Mr.
Online coupon site Retailmenot expected to raise about US$200 million in an initial public offering.
