In an effort to improve hospital efficiency, GE has tagged $2 billion for software investments in the healthcare space. The company will invest in software and app development “ to advance current…
Intel to Acquire Finnish Firewall Stonesoft for $389M Cash
Intel Corp. has made an offer to acquire Stonesoft, a public Finnish firewall security company, for $389 million in cash to bolster the offerings of its McAfee security software package. Public stock…
Alibaba Buys 18% of Weibo, China’s Twitter, for $586M
In a sign that social and ecommerce are becoming peas in the same pod, Alibaba, the Chinese Amazon giant, has purchased Weibo, China’s version of Twitter, for $586 million. The deal values…
Eventbrite Raises $60M, Puts Off IPO
Those waiting for Eventbrite to go public will have to be patient. The online ticketing company recently raised $60 million to buy it more time. The round was led by Tiger Global…
IBM Acquires UrbanCode for Fast App Development
In a sign that devops, the practice of fast software deployment, is the next big thing, IBM has acquired UrbanCode, a Cleveland software startup that automates the production and delivery of apps.…
Indochina Raises $13M for Custom Online Menswear Shop
It costs money to look good, and Indochina just got a bundle, raising $13 million in a Series B round led by the Highland Consumer Fund with participation by existing investors Madrona…
AccessData Raises $45M for First Investment in its 25+ Year History
AccessData, the cyber security and digital forensics company that was one of the first to get in on the data and cyber protection gig way back in 1987, has raised $45 million…
NewsCred Raises $15M as Middleman for 3rd Party Media Content
NewsCred, a media company that serves as a middle man for third party media content, has raised $15 million and added the New York Times as a prestigious partner to give its…
Endgame Raises $23M to Take Security Solutions Beyond Government’s Door
Cybercrime is making big money, and not just for the criminals. The rise of cyberattacks has led to a big market for solutions to fight it. This week, Endgame, a next generation…
Middle East Daily Deals Site Cobone Acquired by Tiger Global Management
Cobone, one of the biggest daily deals companies in the Middle East with over 2 million subscribers, has been acquired by Tiger Global Management, a New York investment firm whose early stage…