Apple Inc acquires communication chip developer, Passif Semiconductor Corp. Apple Inc announced the acquisition of Passif Semiconductor Corp, a developer for communication chip.

Patreon Inc. revealed that it had collected up to US$2.1 million in financing from capital venture firms and angel investors.

According to reports from Reuters and Bloomberg, Tim Cook made the rounds in China as Apple looked for ventures in the local market.

The tech titan was forced to rename its "SkyDrive" cloud service after losing a court battle in the United Kingdom.

FCA Venture Partners revealed that they had sealed a US$53 million fund. FCA Venture Partners announced that it had just closed a US$53 million fund. The capital they have raised would be used to fill a funding gap that exists between angel and later-stage investment periods.

HootSuite financiers revealed that Blumberg Capital had earned up to 520% from their initial investment in HootSuite.

Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.

Ekahau, Inc. revealed that Horizon Technology Finance Corporation spearheaded a US$6 million debt financing plan for the tech company.

Green Delta Capital Limited revealed that it had signed a memorandum of understanding with BD Venture Limited to ensure cooperation between the two companies in various business sectors.

GIC Pvt. Ltd. stated that it was considering more investments in the US. One of Singapore's sovereign wealth funds, GIC Pvt Ltd, announced its preparations for the possible volatility of markets and economies in the second part of this year.

Fortress Investment Group said that they are pushing Blackstone Group LP to sell and exit investments.

Sources said that Krishnapatnam Port Company intend to sell stakes in the company in a bid to raise INR1,200 crore for its expansion plans.

Sources said that KKR will be investing around US$463 million in Hilding Anders AB via payment-in-kind notes.

The Dunkin' Brands Group said that they are targeting to expand operations and open Baskin-Robbins stores in Germany in 2014.

Intelligent Global Pooling Systems agreed to sell the company to iGPS Logistics for an undisclosed amount.

Insight Venture Partners, Accel Partners and OMERS Ventures invested a total of US$165 million in social relationship platform HootSuite.

Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.

Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.

Sentinel Capital Partners closed its largest fund to date with US$1.3 billion. Private equity firm Sentinal Capital Partners completed its fifth fund, Sentinel Capital Partners V L.

Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.

Information provider Thomson Reuters appointed retired London-based lawyer Steve Turnball as member of its board of directors.

Construction equipment company Blackhawk Specialty Tools received growth investments from Bain Capital and a few of the management earlier today.

Natural gas processing firms, TexStar Midstream and Evercore Partners are looking into the possible sale of businesses to further expand in Southern Texas.

Pharmaceuticals companies PharmAthene and Theraclone Sciences agreed to merge for expansion of drug research and development.

Former Eye Corp. vice president Michelle Schiano joined Kinetic Social's management team. Mobile advertisement technology specialist Kinetic Social announced Thursday that Michelle Schiano was appointed as the new executive vice president of marketing.

Grupo Televisa SAB agreed to purchase controlling stake in Cablecom for a deal priced at USD745 million.

Atlas Resource Partners announced today completing its acquisition of natural gas assets from EP Energy.

Verizon Communications' investment arm provided advertisement firm RUN with US$1.5 million in capital.

Allen Smith was named new CEO for Four Seasons Hotels and Resorts, succeeding former CEO Kathleen Taylor.

Oxford Finance approved the US$7.2 million loan proposed by Nursing facilities investor Pritok Capital.