Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.
Software & IT services
Yahoo! acquires Lexity
Yahoo! revealed that it had now acquired Lexity, a venture firm started by its former employee. Yahoo! announced that it purchased the e-commerce app platform, Lexity.
Michael Dell’s proposed vote changes gets rejected by special committee
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.
Facebook rises above IPO price since May 2012
Facebook Inc. increased above its IPO price for the first time since its debut in May 2012 following the surging advertising demand for smartphone and tablet users.
Huawei woos Aussie ICT firms
Huawei planned a workshop in Australia for local ICT firms in an effort to absorb some of the country's ICT assets.
Latest News
Dropcam gets additional US $30 million funding, raising its total capital to US $47.8 million Dropcam announced on Wednesday that it managed to raise US $30 million in third round funding, led by investor Institutional Venture Partners.
NEC threw the towel in its bid for gaining from the smartphone industry. NEC, a little known smartphone manufacturer, announced today that it is bowing out of the smartphone competition.
According to a Google research, Canada's smartphone market increased. Canadians have been bitten by the smartphone bug, according to Google's latest report on smartphone ownership in the country.
HTC was considered as the "biggest victim" by an industry analysis from Citi. It is close to impossible for HTC to perform a comeback after losing horribly in the global smartphone race, according to analysts in the industry.
A source said that unless Dell's special committee revises the voting standard, talks of Dell's buyout by CEO Michael Dell and private equity firm Silver Lake will collapse.
According to research, almost 64% of Australians owned a smartphone. According to new research on the Australian smartphone market, almost two thirds of the entire population of the continent owned a smartphone.
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Apigee secured an equity funding worth US $35 million, which will be used to expand its presence globally.
Gimme Credit's analyst Dave Novosel downgrades Motorola's rating from "buy" to "sell."
