Technology giant Apple has recently purchased WiFiSlam for its mapping purposes. Apple is seeking to improve its mapping applications for its smart phones by purchasing Silicon Valley start up WiFiSlam.
Software & IT services
Icahn and Blackstone Open Discussion on Team Up
Icahn and Blackstone open discussion to team up on Dell buyout. Two of the most renowned equity investors in the United States may very well put a damper on the US$24.
Yahoo Purchases Summly
For a reported US$30 million, Yahoo purchases the Summly app from its high school aged owner. Yahoo Inc has purchased mobile news aggregator Summly. This is the latest move in a string of acquisitions made by the company to enhance its portal's web services.
Sherpa Raises US$1.6 Million
Sherpa was able to raise from investors and venture capitalist US$1.6 million for its project ventures.
CDW Preparing for IPO
CDW has filed papers of its IPO with the SEC. CDW Corp had filed documentation with US regulators reporting the raising of US$500 million in its initial public offering.
Latest News
Dell reviewing Icahn and Blackstone offers against the Silver Lake/Dell offer. Currently, the special committee of the Board of Directors of Dell Inc is reviewing the takeover bids submitted by the Blackstone Group and billionaire Carl Icahn.
CBS is expected to offer $100 million for One Equity Partners' stake in TV Guide Network, sources cited.
The board is awaiting submissions from Blackstone and Icahn's firm as to an offer to acquire Dell Inc.
Proto Labs distinguishes itself from 3D printing, prepares for first purchase. Custom made prototype builder Proto Labs Inc is preparing to make its first acquisition in fourteen years.
Temenos, a Swiss financial services software provider, said it completes its acquisition of U.S.-based compliance technology firm TriNovus in addition to its 800 institutional clients.
Incumbent HP Board wins new term narrowly despite shareholder discontent. In a tense shareholders meeting, Hewlett Packard Co re-elected its board with erstwhile Chairman Ray Lane and three other board members keeping their seats with a narrow vote margin.
Life Tech gains interest from buyout consortiums and pharmaceutical firms. Life Technologies Corp is up for sale and many important players in the industry are taking notice.
Blacberry founder forms Quantum Science fund for technology development. The venerated inventors of Blackberry Mike Lazaridis and Doug Fregin are again in partnership to set up a fund that would foster the growth, development and commercialization of quantum science technologies.
Yahoo to purchase 75% of Dailymotion. One of the Internet world's most popular video websites Dailymotion is now in discussion with Yahoo Inc. This deal, once it pushes through, may become one of the largest ones to date by Yahoo CEO Marissa Mayer since taking over leadership duties last July.
