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PurThread Technologies closed latest funding round

PurThread Technologies raised USD7 million for its latest equity funding round. Renowned textile firm PurThread Technologies recently announced the closure of its latest equity funding round with pledges amounting to USD7 million.


Freeborn & Peters hires Gary A. Jungels

Chicago based law firm Freeborn & Peters had announced the hiring of Gary A. Jungels as Partner for its Corporate Practice Group.

Monroe Capital LLC funds senior credit facility for the acquisition of Gem Shopping Network

Monroe Capital announced the funding worth USD27.5 million for the use of an affiliate of Sun Capital Partners Inc for the acquisition of Gem Shopping Network.

Ford chief Mullally, ex-Nokia chief Elop contenders for Microsoft CEO role - sources

Sources disclosed to Reuters that only five names, including Ford Motor Co chief Alan Mulally and former Nokia CEO Stephen Elop, were being considered to replace Microsoft Corp Chief Executive Steve Ballmer.


Latest News

Experian said it would be buying Passport Health Communications for USD850 million. According to a statement by British credit data provider Experian, it would be acquiring Passport Health Communications.
Amdocs recently bought network management company Celcite Management Solutions LLC for USD129 million in cash.
Synacor Inc acquired Android development platform company Teknision to develop a single homepage access for all media on mobile devices.
TV discovery startup i.TV has bought the newly funded GetGlue as a companion TV app. The Utah-based TV discovery startup i. TV had recently acquired GetGlue as a second-screen app mashup, according to a report by TechCrunch.
Wix has set the opening price of its share for its initial public offering tomorrow at USD 16.50 apiece.
Private equity firm Solis Capital Partners backed Horizon Communications, a telecommunications and electrical infrastructure provider.
Huron Capital Partners-backed Ronnoco Coffee bought Henderson Coffee Corporation. Huron Capital Partners said its portfolio company, Ronnoco Coffee recently purchased Henderson Coffee Corporation.
Avante Mezzanine Partners helped finance TechDevice Holdings' acquisition of AdvancedCath Technologies with debt and equity.
Odyssey Marine Exploration Inc said it would have money by the end of this year and would not need to raise equity next year.
CyPhy secured USD7 million from Lux Capital and other investots, which will be used to build flying robots with secure communication lines.
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