Michael Dell together with Silver Lake Management LLC considered US$24.4 billion buyout offer for Dell Inc to be their utmost and final bid.
Software & IT services
Private equity firms to exit India tech companies
Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
CORRECTED: Xamarin closes US $16 million in series B funding
The apps developer Xamarin gets US $16 million funding, which it intends to use for its exponential growth.
On-Ramp wireless gets additional US $15 million funding
On-Ramp wireless gets additional US $15 million funding from both new and existing investors, On-Ramp Wireless obtained additional US $15 million after its series C funding.
Grovo’s first round venture capital funding raises US $5.5 Million
Grovo gets US $5.5 million of funding for its product research and marketing campaign. Grovo. com, which uses personalized videos to train users on cloud and Internet services, closed US $5.
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Michigan Angel Fund invested in BioPhotonics, a company that automated the procedure of shaping and squeezing ultrashort laser pulses.
Gowalla's CEO Josh Williams and Instagram's lead designer Tim Van Damme announced their exit from Facebook.
Former Facebook worker Katherine Losse said that Facebook workers have access to users' passwords.
Upon the implementation of Facebook's hashtag, online marketers saw new potential for internet advertising.
Xamarin raised US$16 million in Series B round. Xamarin announced that it raised US$16 million in Series B round. The round was led by Lead Edge Capital.
NEC Corp's talks with Lenovo Group Ltd. was stalled due to disagreements on majority proprietorship and patents.
Reports said that Facebook failed to meet past investment records as the company continually declined in the stock market.
Talia Castellano, a popular makeup guru on YouTube, lost a six-year battle against cancer. After battling cancer for over six years, YouTube star Talia Joy Castellano died today at age 13.
Engaged Capital announced the acquisition of a 5.1% stake claim in AeroVironment Inc. Engaged Capital announced that they have acquired a 5. 1% stake claim in AeroVironment, Inc.
