An Apple Inc. spokeswoman has confirmed that the Cupertino-based tech giant will acquire Israel's PrimeSense Ltd. for USD350 million. The PrimeSense deal is the latest in Apple's acquisition of less well-known companies.
Technology Equipment
VC sentiment in Silicon Valley hit the highest level since the 2008 recession - report
Valuation results in 3Q13 showed a noticeable increase over 2Q13, including the greatest difference between up and down rounds in over six years. The software industry was especially strong, not only valuation-wise, but also in the number of deals.
LDR Holdings talks about spinal therapies viability post-IPO launch
LDR Holdings Chief Executive Officer Christophe Lavigne talked to Xconomy 30 days after it had launched an initial public offering, and said money raised from its IPO will help the company expand its presence in the US.
Silver Lake looks to raise new USD1 billion technology fund
Technology-focused private equity firm Silver Lake Management LLC will raise a USD1 billion fund to be invested in mid-sized companies. The firm's Silver Lake Sumeru LP unit will run the new fund.
Tel Aviv University's Ramot closes USD17 million for breakthrough technologies fund
Ramot Tel Aviv University Ltd secured USD17 million in funding for its Technology Innovation Momentum Fund, which will invest in breakthrough technologies in various industries.
Latest News
A survey taken by professional services company Ernst & Young has shown that India has toppled China from the top spot as the world's most attractive destination for investments.
Google Inc is looking for ways to use prescription lenses for its Google Glass design. Efforts are in place to keep them from not just becoming another niche products for nerds.
eMedia Networks International Corporation today announced a proposal by Jasvir Athwal, Darren Reiter and David Mears, all directors and officers of the Company, for the Company to go private.
The planned merger between Bally Technologies and SHFL Entertainment received recommendations for approval from the Gaming Control Board and the Nevada Gaming Commission without any questions.
Dealogic data showed a big increase in the acquisition activity of big tech companies in Israel, pushing the Middle Eastern country to become a global player in the innovative tech arena.
Xenex Disinfection Services, the company that launched robotic technology for disinfection of hospital rooms, has secured USD11.3 million in funding boost from private sources and venture capital firms.
iPhone maker Foxconn Technology Group said it plans to invest USD40 million in Pennsylvania for the development of robotics and a high-tech manufacturing facility for telecom and internet equipment.
China's Shandong Weigao Group Medical Polymer Co Ltd announced its intention to sell its entire 21.7% stake in medical device manufacturer Biosensors International Group Ltd for USD312.3 million.
Sources name the Carlyle Group LP and a combined group from Danaher Corp and Blackstone Group LP to have successfully advanced to the final stage of sale negotiations for J&J's diagnostics unit
