Funding has been increased for EveryMove as well as availability of the app in Android's Play Store.
Software & IT services
Brightstone Invests in Mobile Realty Apps
Brightstone Venture Capital raises funds for Mobile Realty Apps. Brightstone Venture Capital has been in the business of investments in the past three decades with interests in over eighty Minnesota enterprises.
GE expands with acquisition of Lufkin
GE acquires Lufkin to support its oil and gas support services. General Electric is nearing the completion of the acquisition of oilfield services provider Lufkin Industries.
Cisco Purchases Ubiquisys
Cisco acquires Ubiquisys for US$310 million in cash and other incentives. Cisco announced last Monday its intention to acquire Ubiquisys for a value of US$310 million in cash and other incentives.
Icahn Adamant on Proxy Fight
Things are heating up between Icahn and the Dell Special Committee on issues of reimbursement, proxy fights and possible litigation.
Latest News
Blackstone to do due diligence on Dell. A contingent from the Blackstone Group would be visiting Dell's corporate headquarters on Monday to conduct a proper due diligence on the company according to anonymous sources.
Absolute Software agrees to a deal in which its software for tracking stolen devices will be embedded by Samsung's Galaxy phones.
Samsung has entered into an agreement with Absolute Software to allow embedding of the technology into the Galaxy firmware.
Midokura's network development software boosts its capital infusion with US$12M from INCJ and US$5.2M for other investors.
The MAS capital infusion of US$20 million would result in the merger of Attune Consulting and Sabre Technologies.
Carl Icahn, a man known for change in acquired companies, has taken a back seat in his latest shareholdings purchase, Nuance Communications.
Nasdaq OMX purchases the eSpeed platform from BGC Partners. In recent announcement, Nasdaq OMX Group Inc. has acquired from BGC Partners Inc its eSpeed platform.
Fidelity Contrafund is slowly selling off its Apple shareholdings due to price decline. Fidelity Contrafund, the US$92 billion fund built by portfolio manager Will Danoff, has undertaken a process of cutting the fund's shareholdings in Apple.
Shares in PT Visi Media Asia Tbk have increased dramatically following a buyout offer from Chairul Tanjung, the fifth richest man in Indonesia.
