Imaging startup Phi Optics Inc secured USD250,000 in seed funding from venture capital funds. Imaging solutions developer Phi Optics Inc raised USD250,000 in seed funding through a funding round led by Champaign's Serra Ventures.
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BCM Wineworks to market wine brands
Renowned names in the wine industry join forces to create sales and marketing firm BCM Wineworks for the known brands of Bacchus Capital.
Nestle sells Jenny Craig to hedge fund firm
In a bid to trim its portfolio, Nestle had sold to North Castle Partners its interest in weight loss brand Jenny Craig.
Douwe Egberts coffee owner to increase holding in Kaffehuset Friele
Joh A Benckiser owned-D.E Master Blenders planned to increase its ownership interest in Norwegian coffee producer Kaffehuset Friele to 90%.
Coresystems nabs USD15.5 million in first external Series A funding round
Swiss mobile app maker Coresystems had received its first external funding since 2002. Coresystems received USD15. 5 million from investors in a recently concluded Series A funding round, TechCrunch said in a report.
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Sprig recently closed its USD1.2 million seed funding round for the launching of its unique food delivery business.
Autodesk Inc. revealed its intention to acquire UK-based software giant Delcam for GBP172.5 million.
Two French banks, Societe Generale and Credit Agricole, disclosed plans to increase its ownership stakes in asset manager Amundi Group and derivatives broker Newedge Group.
Food giant Nestle announced its intention to sell the bulk of its Jenny Craig business to private equity firm North Castle Partners.
Some industry observers see the rise in Bitcoin value as a bloated valuation. In an article on TechCrunch, digital currency Bitcoin was reportedly on a comeback after a series of market value setbacks.
Former Silk Road administrators confirmed that the Silk Road marketplace on silkroad6ownowfk.onion was the real deal.
Petronas Chemicals Group Bhd would be selling a 93.1% ownership stake in Phu My Plastics and Chemical Company Ltd (PMPC) to Asahi Glass Co Ltd and Mitsubishi Corporation.
State-owned Tsinghua Unigroup Ltd offered to buy RDA Microelectronics Inc for USD 18 per share. RDA Microelectronics Inc said it received its second buyout offer after more than a month.
Power transmission product maker inked a definitive deal to acquire Danish energy company Svendborg for EUR80.1 million.
