Globespan Capital Partners leads Series C Financing round for VNTurbo. The leading provider of software-defined control programs for cloud and virtualized environments, VNTurbo disclosed in an announcement today that Globalspan Capital lead its Series C financial infusion round.
Articles by Marc Castro
Latest News
Texas Instruments sells debt bonds at 0.45% coupon in a two part offer to amount to US$1 billion. Texas Instruments is one of the companies that have sold a three year debt note with a record low 0.
Panoramic Growth Equity invests in Andante Travels. Panoramic Growth Equity, one of the leading equity investors in entrepreneurial companies, had announced its GBP1.
Andreessen Horowitz heads fundraising for Dwolla worth US$16.5 million. According to Reuters, Venture Beat reported that Andreessen Horowitz, headed the third funding round for Dwolla.
Lightsource to invest in new solar facilities in the UK. The UK developer that installed a sun-energy collecting project at the roof of Bentley Motors Ltd, Lightsource Renewable Energy Ltd, announced it may invest as much as GBP400 million or US$623 million in 2013 for solar facilities in the United Kingdom.
Loblaw, even with the highly competitive market, announces profit earnings for the year. Loblaw Cos Ltd, the largest food retailer in Canada, has reported a 40% increase in its first quarter profit earnings.
Actavis purchases Valeant's antibiotic vaginal gel worth US$55 million. Actavis, the generic pharmaceutical firm, has purchased the global rights to Valeant Pharmaceuticals International's antibiotic vaginal gel.
In a cash and share combination purchase, NV5 acquires Consilium Partners. NV5 Holdings Inc is in the business of providing of professional and technical engineering and consulting solutions.
Warren Buffett's Berkshire Hathaway would hold its shareholder meeting with a new twist on the festivities.
GDF Suez and Santos may seek partners and/or investors for offshore Bonaparte LNG project. Australia's third largest oil production company, Santos Ltd has announced that the proposed Bonaparte floating LNG venture with GDF Suez SA off the northen coast may require another partner.
Coda Holdings sought bankruptcy protection in Wilmington, DE, with the Coda Electric Car manufacturing unit as among the assets to be sold off.
QIB CEO Bassel Gamal said that the bank would no longer issue any more sukuk bonds until 2014. The Gulf region's largest sharia compliant banking institution in terms of assets, the Qatar Islamic Bank, has said that it is not expecting to issue more Islamic bonds before 2014.
Emma Delta, as required by the Athens government, increases its bid for OPAP, the Greek gambling monopoly.
From the position of Executive Director and CFO, Mark Hews rises to become CEO replacing Michael Tripp.
Melrose Industries sells off Tyman Hardware for US$200 million. Melrose Industries Plc, the engineering turnaround specialist, has announced that it would be selling off its North American hardware company.
Chris Hansen's bid to move the Kings to Seattle has been rejected by the NBA committee of owners.
Tim Hortons Inc is being forced by activist investors to undertake aggressive financial engineering despite healthy condition.
Z Energy Ltd open for IPO in New Zealand. Z Energy Ltd's owners, a gas station conglomerate that provides one third of all of New Zealand's fuel needs, has appointed a number of banking institutions for the possible sale of as much as 60% of the company on the public bourse.
Glass Lewis changes tune on Occidental Petroleum Chairman Ray Irani. Investor advisory firm Glass Lewis has made an about face on its recommendation for voting preferences for Occidental Petroleum Executive Chairman Ray Irani.
Uber is said to be in venture financing discussions despite CEO pronouncements. Uber, the fast growing alternative taxi transportation service is now in discussion with a venture capital firm about a new funding round that is forecasted to value the company at about US$1 billion.
Carl Icahn increases stake from 9.27% to 10.72% in Nuance Communications. Activist billionaire investor Carl Icahn has increaseed his shareholdings in software manufacturer Nuance Communications.
Merck and Pfizer announce deal for the inclusion of ertugliflozin into current diabetes drug portfolios of the companies.
Apple, in the largest bond deal for the year, offers US$17 billion to assuage shareholder fears over falling profits and declining growth.
Yahoo, because of objections from the French government, has withdrawn its bid to acquire DailyMotion.
Two private equity consortiums are bidding for BMC Software. A private equity consortium consisting of Bain Capital LLC and Golden Gate Capital Corp has become the leading bidder to purchase BMC Software for over US$6.
Veeva System to list IPO with the help of Morgan Stanley and Deutsche Bank AG. Software company, Veeva Systems, is planning to undertake an initial public offer of its shares.
Despite calls for his resignation, Vivendi Chairman Fortou remains steadfast in his plans for the company.
Judge rules the share-buyout provision in the offer is not violative of the law. In a ruling, a New York judge set aside a potential obstacle to sell the Empire State Building as part of an REIT IPO.
Shutterfly purchases and acquires MyPublisher. In an announcement calling the recent move as 'best in class', Shutterfly CEO Jeffrey Housenbold said that when MyPublisher is used with Shutterfly's cloud based system, the platform would 'set the standard for design, choice and quality in the personal publishing and social expression category.
Intel Capital appoints new Investment Director Intel's global investment and mergers and acquisitions organization, Intel Capital, appoints Tobi Oke as its new Investment Director to lead the investment team for the firm.