JackBe Corp purchases Software AG for an undisclosed amount. As the advisor in the sale, Clearsight Advisors had recently announced the completion of another transaction in the Big Data market.
Software & IT services
Slice raises USD23 million in Series B funding
Startup company Slice received USD23 million in Series B funding from Japan's Rakuten, among others.
Alibaba keen on controlling board after IPO: sources
Sources said Alibaba Group Holding would like to keep board control after its initial public offering in Hong Kong.
China Mobile gave CNY 20 billion in 4G contracts to both Chinese and foreign companies
China Mobile gave initial 4G contracts worth CNY 20 billion or USD 3.2 billion to both Chinese and foreign companies.
Nokia slumps further with debt converted to junk
Although Nokia's restructuring efforts kept it financially afloat, Moody's predicted a wavering position for the Finnish company in the smartphone market.
Latest News
Kamcord received USD1 million new seed funding after it had previously gotten an accumulated fund of USD1.5 million.
TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital. TagMan said it has received capital commitments worth USD 5 million from various investors.
Semiconductor maker TranSwitch Corp raised USD 2.5 million from Ilex Partners. TranSwitch Corp said it raised USD 2. 5 million in equity investment from private equity company Ilex Partners.
Malaysian Minister Paul Low said that the government would soon utilize phone tapping and employ internet monitoring devices to eradicate corporate and government corruption.
Digital analytics corporation ComScore said Yahoo beat Google for the month of July with 196,564,000 visits.
Analysts of UBS boosted their sales projections for Apple and increased their price target to USD560 per share.
Facebook CEO Mark Zuckerberg would lead a project focused on making web access affordable for the 5 billion individuals worldwide who are not online yet.
Microsoft Corp currently offers free Surface RT tablets to schools where students utilize the Bing search engine.
The Silicon Valley startup would use the funding to employ new engineers for its latest wearable and programmable computing device.
