BlackBerry CEO drops out - shares drop

Following the exit of BlackBerry's CEO, the company's shares dropped to 16%. On Monday, BlackBerry Ltd had abandoned plans to sell and its CEO had stepped down.


Lynx Equity purchases Valuelight Limited

Canada-based private equity firm Lynx Equity bought lighting fixtures maker Valuelight Limited. Lynx Equity announced its purchase of Valuelight Limited.

RallyPoint secures USD 5 million in Series A round from DBL Investors

RallyPoint was able to get USD 5 million in capital commitments from DBL Investors for its Series A round.

BlackBerry drops buyer search

Smartphone pioneer BlackBerry dropped its plans for a buyer search and fired its CEO Thornsted Heins.


Latest News

AT&T would be carrying the Samsung Galaxy S4 Zoom starting on November 8. Beginning on November 8, the Samsung Galaxy S4 Zoom would be available on AT&T.
Leaked images sparked rumors that Apple was developing a new tablet to compete with Apple's iPad mini.
A poll from iLounge showed that the iPad Air and iPhone 5s were Apple's best products of the year.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: BlackBerry Ltd is abandoning a plan to sell itself and instead will replace its chief executive and raise about $1 billion from institutional investors, including its largest shareholder, the smartphone maker said.
Early data from analytics companies indicated the popularity and the high conversion rate of iPad Air as compared to iPad 4 and iPad Mini.
CapMan sold its equity stakes in Curato AS to Altor Fund III. Funds managed by CapMan have completed the exit from Curato AS, as announced earlier in its press release on September 16.
Blackberry agreed to enter into a USD billion convertible debenture sale, which would saw its top executives including cheif executive officer Thorsten Heins leaving the company
Nokia Oyj extends its existing patent agreement with the largest mobile phone maker Samsung Electronics Co.
Svelte Medical Systems had closed USD22 million from its latest funding round to be used for its new heart surgery products and research.
According to Alcatel-Lucent SA CEO Michael Combes, investor confidence has returned to the French technology manufacturing firm.