Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.
Software & IT services
Microsoft admits losing money due to Surface tablets
Microsoft Corp. specified that the Surface tablets were the reason its total production expenses increased.
E2open acquires icon-scm
E2open inks the US$34 million deal for the acquisition of icon-scm. E2open announced that they have acquired icon-scm in a transaction that was valued at US$34 million.
Sony is a "red-headed stepchild" - Loeb
Famous hedge fund investor criticized Sony's entertainment division as part of his ongoing campaign to create a spin-off.
Apollo Global Management, Pitney Bowes sign agreement for management services unit
Apollo Global Management has agreed to pay US$400 million in cash for Pitney Bowes' management services arm.
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Bottlenose raised US $3.6 million in seed capital, which it intends to use for product development as well as hiring of more employees and marketing.
Scoop.it raised US $2.6 million in anew round of funding, bringing total capital to US $13.6 million.
Insight Venture’s acquisition of a minority share in Veeam Software has been completed but financial details of the transaction were not revealed.
Superfish continues to attract investors as it raised US $10 million during its fourth round funding.
Flywheel Ventures and High Country Ventures bring up Digabit's funds to US$3 million in total. Technical documentation specialist Digabit Inc. announced Tuesday that it gained US$3 million in a financing round led by venture capital firm Flywheel Ventures.
Marco Janeczek joined the Hybrid Paytech Payment Advisory Committee, Freeport Capital Inc. announced today.
Bina Technologies gets additional financing worth US $1.7 million in a round participated in by AME Cloud Ventures and Columbus.
Trōv raises its capitalization fund to US $6.8 million after it completed its second round financing.
Android is king of the tablet market, according to data from Strategy Analytics. The Android is unmistakably the king of the tablet market. Strategy Analytics has data and figures to back this statement.
