Silver Lake raises funds to support Michael Dell's plans. The technology focused private equity firm Silver Lake Partners has raised US$10 billion in an effort to add on to its US$24.
Software & IT services
Diablo Expands Funding Round
Diablo Technologies expands funds from angel investors. The Ottawa based manufacturer of memory system interface technology has raised Can$7. 5 million in new financing.
Liquid Robotics Raises US$45 Million
New investors infuse capital for development and growth of Liquid Robotics. Liquid Robotics had raised US$45 Million in financing, specifically Series E financing.
Pyramid Analytics Supported by Sequoia Capital
Sequoia Capital leads capital funding for Pyramid Analytics. The premiere company that provides data driven decision making to end users at all levels has announces the closure of its latest funding round.
Complete Genomics Acquired by BGI-Shenzhen
BGI-Shenzhen acquires Complete Genomics after regulatory approvals from China and the US were obtained.
Latest News
Dropbox purchases app maker Mailbox for an undisclosed amount. Leading online file storage technology firm Dropbox Inc announced that it would purchase the start up firm behind Mailbox, the hottest email management application in the market today.
IBM and EMC are partnering to discuss takeover of SoftLayer. EMC Corp and IBM are quietly discussing with web hosting company SoftLayer Technologies Inc to purchase the privately held database web hosting company.
EMC and VMware venture into Pivotal to maximize asset potential. Software giant VMware Inc has projected revenue growth in the high 20's by year 2016 as its parent company EMC Corp announced a new revenue target.
Paypal buys Duff Research for an undisclosed amount. PayPal announced last Wednesday that they purchased Duff Research, a mobile applications developer.
Advent Software Inc, an accounting software company, is exploring a sale and has hired Frank Quattrone's investment bank Qatalyst Partners to lead the effort
STMicroelectronics and Ericsson have failed to find a buyer for their loss making wireless electronic chip joint venture and will now consider whether to close the business down, news service Bloomberg said on its website.
Nielsen Expositions is up for sale and may be worth US$1 billion. Nielsen Holdings NV, the television ratings firm is now in exploratory talks to sell its expositions business.
Hon Hai Precision Industry Co. Ltd. said that it will not pursue its investment in Japan's Sharp Corp. by a deadline set on March 26 after both companies failed to revise an earlier agreement, the Asahi newspaper said.
Facebook appoints Chancellor of UCSF Susan Desmond-Hellmann to its board. Facebook Inc has appointed an old hand to become part of its board of directors.
