Israeli startup AtriNet buys itself out from parent firm NSN

Hod Hasharon, Israel-based tech startup AtriNet bought itself out of its mother company, Nokia Solutions and Network's (NSN) domestic branch, for an undisclosed amount, to launch as an independent entity and continue the network technology it had developed.


Catalyst scoops up majority stake in Tanzanian logistics company EFFCO

Nairobi, Kenya-based private equity firm Catalyst Principal Partners acquired Dar es Salaam, Tanzania-based heavy equipment rental and logistics firm EFFCO for an undisclosed amount as part of its strategy to invest in high-growth companies in eastern Africa.

Matrix backs Indian business financing firm FSBC

Waltham, US-based venture capital fund Matrix Partners invested an undisclosed amount in Chennai, India-based micro and small business financing firm Five Star Business Credits Ltd (FSBC).

Sony said to divest former Tokyo headquarters

Citing a source, The Wall Street Journal blog Digits reported that embattled Japanese technology giant Sony has plans of selling its former headquarters in Tokyo, Japan.


Latest News

Google Co-Founder Sergey Brin approached Toronto-based brainwaves-sensing headband maker InteraXon to talk about a possible acquisition, according to a source who was interviewed by TechCrunch.
San Antonio, Texas-based diversified holding firm Biglari Holdings Inc, through a wholly-owned subsidiary, bought New York, US-based men's magazine brand MAXIM for an undisclosed sum.
Singapore-based non-profit organization Earth Hour joined forces with Singaporean crowdfunding site Crowdonomic to raise funds for tech projects that aim to assist environmental endeavors in Southeast Asia.
Councillors of the city of Kitchener in Ontario, Canada have agreed to shell out $1 million for the next five years to help owners of underused spaces turn their properties into a new landing pad fro startups just out from incubators.
Capitaine Train, a France-based online vendor for train tickets, puts emphasis on giving its users a simpler, hassle-free and more efficient ticket-buying experience, TechCrunch reported.
In her testimony before the Senate Banking Committee, Federal Reserve Chair Janet Yellen said that the Fed does not possess any authority to supervise the Bitcoin, The Wall Street Journal blog MoneyBeat reported.
Redwood City, California-based mobile finance app Robinhood emerged out of its private beta to let signed-up users trade stocks for free instead of paying a fee for every transaction done.
After experiencing three hours and a half of server shutdown last Saturday, WhatsApp rivals Telegram and Line gained a lot of new global users.
PIMCO Canada Corp. is pleased to announce that PIMCO Global Income Opportunities Fund has filed a final prospectus dated February 26, 2014, with the securities regulatory authorities of all the Canadian provinces and territories for an initial public offering of Class A Units at a price of $10 per Class A Unit.
Co-Signer, Inc. today announced its subsidiary, Co-Signer.com, the nation's premier provider of residential rent assurance, entered a mutual marketing package with Contemporary Information Corporation (CIC), the nation's leading tenant screening service.