Software & IT services
VPG's debt sale results in new management
The Vehicle Production Group is under new management as AM General purchased the DOE denominated debt.
Mail.ru sells the rest of its Facebook stake
Russia's richest man, Alisher Usmanov, said that he had decided to reduce his Facebook holdings by selling 14.2 million shares.
KKR to acquire Mitchell International
KKR & Co LP said that it had agreed to purchase a property claims software firm called Mitchell International for around USD1.5 billion.
Yahoo shows new logo that CEO Mayer helped design
Yahoo Inc. recently unveiled its brand new logo, and CEO Marissa Meyer helped with the design over a summer weekend.
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Tele2 said it would want to increase its market share in the mobile telephone market in the Netherlands to 20% after the roll out of its own network.
Agilent Technologies Inc. announced that it had agreed to an acquisition deal for some assets in ABC Instrumentación Analítica (ABCIA).
iZotope Inc received USD12 million from ABS Capital Partners. One of the leading audio technology company announced a USD12 million investment from ABS Capital Partners.
Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
Amidst falling revenues and declining stock values, Samsung plans the holding of a strategic conference for its future.
Panasonic President announced the firm's withdrawal from the Japanese smartphone market as well as the reduction of its smartphone operations.
CoreDial announced that it had received a USD 1.5 million senior debt facility from Silicon Valley Bank.
Eastman Kodak Co. Chief Executive Antonio Perez said that the company's balance sheet post-bankrupty and its restructuring would lead the imaging and photographic equipment maker to the road of financial success.
Chinese media said that Apple invited local journalists in its September 11 event in Beijing, a day later from the tech giant's newest iPhone model launch in its Cupertino, California headquarters.
Australian tycoon James Packer bought a 9.4% stake in US real estate website Zillow Inc. James Packer acquired a 9. 4% stake in Zillow Inc. Cavalane Holdings, of which Packer holds a controlling stake, purchased 3 million shares in the US real estate website.