Combined Japan-US app maker Gree Inc planned to acquire several undisclosed businesses in order to expand its product portfolio beyond the social gaming arena amid plummeting revenue.
Tags: US
Sumitomo completes Edgen acquisition
The purchase of Baton Rouge-based Edgen Group Inc was finally completed by Japan's Sumitomo Corp and Sumitomo Corporation of America in an acquisition deal valued at USD520 million.
Exhilway closes USD200 million mines and minerals private equity fund
US-based private equity fund Exhilway Global has closed USD200 million for its mines and minerals private equity fund that will operate in Indonesia, Turkey, and Kazakhstan.
FinanceIt bags USD13 million in Series A funding
Canada-based finance company FinanceIt raised USD13 million in a Series A funding round to be used for the expansion of its services to the United States.
JPMorgan finalizes USD13 billion settlement with US government
JPMorgan Chase & Co finalized a USD13-billion settlement with the US Justice Department to end a long legal fight over the bank's risky mortgage practices that helped pull down the country's economy.
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A VentureBeat article urged startups to push for involvement in the drafting of the Trans-Pacific Partnership (TPP) Agreement to ensure that provisions in the trade agreement are not biased.
UK-based company Rexam received offers to buy its healthcare packaging unit from Silgan Holding Inc, Berry Plastics Group, and Gerresheimer for less than USD1 billion.
Britain-based advertising group WPP denied a report from The Daily Mail's that the company is planning a takeover bid for US-based marketing group Interpublic (IPG).
IPO candidate British game maker King revealed its Candy Crush Saga title has been downloaded over half a billion times and played over 150 billion times to date.
Coupon website LivingSocial offered a 25% discount on selected deals for its US and Canadian clients following a rare 40-hour outage that crippled its website, apps, and merchant center.
Social media giant Twitter Inc announced it will introduce self-service advertisements for small- and medium-sized businesses (SMBs) in Canada, Ireland and the United Kingdom starting this week.
Virginia-based tech firm A-T Solutions acquired counterterrorism firm GreenLine Systems for an undisclosed amount to reinforce the border protection and transportation security of the US.
The LivingSocial website and mobile apps went down and have not been back up since Tuesday 2:45 pm ET, but the site said this outage was not caused by a malicious attack.
Sweden-based app maker MAG Interactive collected USD6 million in funding from Nokia Growth Partners to be used for the development and expansion of its product and facilities.
