ASE breaks ground for building construction of new facilities for semiconductor packaging and testing.
Software & IT services
Booker Raises US$27.5 million in Series B financing
Booker has raised US$27.5 million in series financing. The former GramercyOne firm now called Booker is the leading service management platform which helps small and medium sized multi-location enterprises that unifies operations into a single cloud based system.
Panasonic to sell off part of shareholdings in healthcare unit
Panasonic of Japan is selling part of its shareholdings in its healthcare unit for expansion plans. Panasonic Corp of Japan has engaged the services of Bank of America Merrill Lynch in order to sell a part of its healthcare subsidiary, The deal could raise as much as US$1 billion for the electronics company, according to two sources familiar with the transaction who spoke on condition of anonymity.
Velocity Aerospace Group Receives Investment from Prospect Partners
Prospect Partners invests in Velocity Aerospace Group. A leading private equity firm focused on smaller lower to middle market companies, Prospect Partners, had announced that it has placed an investment with Velocity Aerospace Group Inc.
Refinancing for AIS Completed
AIS completes refinancing through investor help. DH Capital was pleased to announce that American Internet Services LLC (AIS) was able to obtain an amount of $43,500,000 refinancing of its senior credit facilities with the assistance of Fortress Investment Corp and Fortress Credit Corp.
Latest News
Sharp is selling off its 9.2% shareholdings in Pioneer Corp. Sharp Corporation of Japan has announced it is selling off its 9. 2% shareholdings in car electronics manufacturer Pioneer Corp.
ChannelAdvisor has filed documents with the SEC to offer its shares in an IPO. ChannelAdvisor's main business is helping companies sell goods and services on the Internet has recently applied for listing through an initial public offer.
Rally Software's IPO price topped US$14, above the US$13 per share initial pricing. The initial public offering of Rally Software Development rose by 27% in Friday midday trading after the company priced its shares at US$14.
Avago Technologies have recently acquired CyOptics to bolster its fiber optics portfolio. At Thursday's trading session, Avago Technologies share values remained relatively unchanged when it announced the acquisition of CyOptics.
Turkish conglomerate Calik Holdings is in the process of selling off its media shareholdings. Calik Holdings of Turkey has talks in progress to sell off its ATV television subsidiary to Time Warner Inc.
Lippo Group would undertake three separate IPOs for its units. One of the leading Indonesian conglomerates, Lippo Group, is aiming to make US$300 million for IPOs of its banking, healthcare and information technology units.
We Are Hunted, a music streaming service on Twitter, was recently bought out by the social media network.
First Solar acquires TeraSun for an undisclosed amount. First Solar will be undertaking a new path in the silicon solar panel business with the acquisition of TetraSun, a start up based out of the Silicon Valley.
Kenneth Coleman joins Andreessen Horrowitz roster of advisers. Andreessen Horowitz, the venture capital firm has engaged the veteran expertise of Kenneth Coleman as one of its adviser on roster.
