Virgin Mobile wins a Saudi Arabia MVNO license

Virgin Mobile Middle East & Africa (VMMEA) is one of three companies that won a virtual telecom license in the kingdom according to reports.


Travel search engine Wego.com raises $17 million

Wego.com raised $17 million in Series C funding. (Photo : Reuters)This is the logo of Wego. com Travel serch engine Wego. com ha raised a total of $17 million in Series C funding.

Ferd Capital acquires Servi from PMC Group

PMC Group sold Servi to Norweigian Ferd Capital. (Photo : Reuters)The image is Norway's flag. Servi, a company that deals business within the Norwegian offshore area, have clients comprising of leading manufacturers, fleet owners, and other production businesses.

Endo-tech firm Sonendo raises $18 million

Sonendo gained $18 million in its latest round of fundraising. (Photo : Reuters)This is an image of a commonly used procedure in medical diagnostics, electrodes on skin to measure movement and activity.


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Temasek Holdings from Singapore pledged to invest into Celltrion. (Photo : Reuters)The image is a biotechnology lab that is the subject of investments by Tullis Health Investors.
Sharp has received the remaining $60 million of Qualcomm's investment, making the latter the third largest investor in the company.
Keynote was bought by Thoma Brave for $395 million. (Photo : Reuters)This is cloud computing technology. Keynote announced on Monday that it has closed the deal with Thoma Bravo to sell itself for an amount worth $395 million.
Osprey Capital announced it made a 35% investment into Mansard Capital. (Photo : Reuters)This is the logo of Mansard Capital. Osprey Capital Limited, a venture capital firm from the United Kingdom, has announced an investment of 35% in Mansard Capital.
TA Associates purchased a minority stake in Fractal Analytics. (Photo : Reuters)This is the logo of Fractal Analytics. A minority stake in Fractal Analytics was bought by TA Associates worth $25 million.
The RDIF and Abu Dhabi's Mubadala co-invest to penetrate the growing Russian market. (Photo : Reuters)The image is the Russian skyline during evenings.
Jefferies & Co. loaned Carl Icahn $5.2 billion to fund its bid to buy Dell Inc. (Photo : Reuters)The image is Carl Icahn speaking before a group of fellow investors.
As its debt drew near, Dubai increased asset sales to pay its US$30 billion worth of debt next year and another US$9.6 billion debt by 2015.
Telefonica SA agreed to sell its Irish arm to Hutchison Whampoa Ltd priced at Eur850 million. (Photo : Reuters)The image is Telefonica's logo. Spain's largest telephone company, Telefonica SA agreed to sell its Irish unit to Hutchison Whampoa Ltd.
Vodafone agreed to acquire Kabel Deutschland priced at Eur7.7 billion and would be the biggest deal since 2007.