Dalia, Israel-based water measurement solutions and services provider Arad Group picked up a controlling stake in Mexico-based water meter manufacturer Cicasa for $2.04 million to gain access to the Latin American market.
Sectors
California's Automattic acquires New York's long-form content discovery app Longreads
San Francisco, California-based WordPress parent firm Automattic acquired New York, US-based long-form reading content discovery app Longreads for an undisclosed amount with the latter to function as it is post-acquisition.
LA-based startup Zumbox to shut down digital postal mail service
Los Angeles, US-based digital postal mail startup Zumbox announced via email that it will be shutting down its service on April 14, 2014 due to difficulty in staying above the cost of delivering the service.
Facebook to pull Messenger from mobile app
California, US-based social network giant Facebook announced that it will pull Messenger from its mobile app to boost the usage of the standalone Messenger, starting with European users before rolling out the change worldwide.
Tadano completes acquisition of distributor Cranes UK
Takamatsu-shi, Japan-based cranes and aerial work platforms manufacturer Tadano Ltd completed its acquisition of its Yorkshire, UK-based distributor Cranes UK for an undisclosed amount to continue its market expansion.
Latest News
London, UK-based healthcare appointment platform Zesty bagged an additional $2 million in its seed funding round from TA Ventures and ABRT Fund to expand its services beyond London.
American startup Fundbox nabs $17.5M in funding to help small businesses clear invoices within a day
San Francisco, California-based startup Fundbox emerged from stealth mode and nabbed $17.5 million in a funding round led by Khosla Ventures to help small and medium-sized enterprises get access to cash to clear their invoices within a day.
San Francisco, US-based cloud service marketplace AppDirect nabbed $35 million in its third funding round led by Mithril Capital Management to fuel its growth campaign.
AUSTIN, TX--(Marketwired - Apr 8, 2014) - Mercom Capital Group, llc, a clean energy communications and research firm, released its funding and mergers and acquisitions (M&A) report for the solar sector in Q1 2014.
NEW YORK, NY and SHANGHAI, CHINA--(Marketwired - Apr 8, 2014) - BRIC Language Systems, shortly after entering the translation services industry, has been successful in securing a major account in PrivCo - Private Company Financial Intelligence founded by Sam Hamadeh. PrivCo has been cited thousands of times in international media for research done on IPO's such as Twitter, Weibo, and Candy Crush. First up on the radar for PrivCo, is the IPO of Chinese technology giant Alibaba.
Seplat Petroleum Development Company has set its price for an IPO at USD1.67 per piece with dual listings on the Nigerian Stock Exchange and the London bourse, reported Ventures Africa.
Hospitality startup Airbnb has increased its service arm to Los Angeles through a partnership with Homejoy and Handybook, reported TechCrunch.
Digital startups had been suffering the crippling effects of the social media outlets ban in Turkey, reported Venture Beat.
The merger between Holcim and Lafarge was expected to establish the biggest cement company in the world, reported Ventures Africa.
