Brussels, Belgium-based chemical firm Solvay SA offered to buy Pennsylvania, US-based conductive polymer maker Plextronics Inc in a $32.6-million deal amid a Chapter 11 filing by the latter.
United States
Most startups die 20 months after last funding round -research
New York-based research gathered data on startup death and found out that half of early-stage firms die before raising $1 million and that most startups last 20 months after their last funding round.
Gambling revenue at heart of Detroit's bankruptcy plan
For Detroit, the road in and out of U.S. bankruptcy court is paved with casino money. For Detroit, the road in and out of U. S. bankruptcy court is paved with casino money.
Shift from physical to digital retail happening faster than expected -Andreessen Horowitz
Jeff Jordan, a partner at Andreessen Horowitz, says the structural shift from physical to digital retail is happening more quickly than what he had previously imagined.
Short on funds, schools in Houston looking for donors through crowdfunding- report
Strapped for cash, schools in Houston, Texas are slowly turning to crowdfunding sites like donorschoose.org to get needed funding for their supplies and equipment, the Associated Press reported.
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Private equity-focused executive search platform Private Equity Head Hunters has upgraded its executive platform that helps executives and recruiters save time and make the recruitment process more effective.
In a bid to bring home the $20 million prize money in the Google Lunar X Prize competition, Penn State launched a crowdfunding campaign on Rockethub to raise $400,000 by February to build its own moon rover prototype.
An increasing number of hedge funds like Coatue Management are looking for opportunities to invest in the private markets, pouring money in technology startups, TechCrunch reported.
A report on Pensions & Investments said 2014 is set to be a very busy year for hedge fund launches because of factors like having experienced teams gearing to form their own companies and having available seed money, among others.
Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
New York, US-based public holding company RCS Capital Corp entered a deal to buy Atlanta, Georgia-based investment banking firm JP Turner & Company for an undisclosed sum.
Private equity giant Warburg Pincus LLC will be acquiring a majority stake in Source, an asset management firm based in London for an undisclosed amount, Bloomberg reported.
Toronto, Canada-based commercial real estate services firm Avison Young bought Columbus, US-based firm PSB Realty Advisors for an undisclosed amount and opened a new office there.
Henrique de Castro, Yahoo's No. 2 chief who recently got fired, received a much higher compensation than other executives and even his boss Marissa Mayer when he was hired in 2012.
