The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
Software & IT services
Wix sets opening price at high end of price range for IPO tomorrow
Wix has set the opening price of its share for its initial public offering tomorrow at USD 16.50 apiece.
CyPhy scoops up USD7 million to build flying robots
CyPhy secured USD7 million from Lux Capital and other investots, which will be used to build flying robots with secure communication lines.
LiveQoS gets USD 4 million in Series C round from Miralta Capital
Cloud and mobile Quality of Service or QoS provider Live QoS received USD 4 million in Series C financing from Miralta Capital.
Zoomingo receives USD 1.25 million from existing investors
Existing investors pledged USD 1.25 million for Zoomingo's shopping application. Zoomingo was able to raise USD 1. 25 million for its shopping and deal finding application.
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OpenText Corp, a Canadian business software maker, acquired cloud computing company GXS Group Inc to strengthen its holding in the enterprise software market.
Remote diagnostics company AetherPal secured USD6 million in Series A funding for the development of its pre-loaded software for smartphones.
Vista Equity partners reached its USD1.1 billion target for its second Foundation Fund. Vista Equity Partners closed USD1. 1 billion for its second Foundation Fund for small and mid-cap software entities.
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.
As mobile demand increases, so does data storage requirements so Google is now expanding its data centers in the Nordic region.
Apple Inc had lost its Vice President of Engineering for the iOS in Frenchman Henri Lamiraux as he confirmed his retirement in a 9to5Mac report.
Shares of Chinese technology companies remained high despite fraud allegations of NQ Mobile. A Bloomberg report said that fraud allegations hurled against NQ Mobile did not affect other Chinese companies.
Despite news of National Security Agency (NSA) whistleblower Edward Snowden accepting a job offer at the social networking site VKontakte, founder Pavel Durov said that no job offer or hiring of Snowden took place.
Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
