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Dyn Buys Internet Monitoring Firm Renesys

CIO News Companies pay a great deal of money for better performance and Dyn is buying Renesys to create products to comprehensively analyze whether firms are getting what they pay for. Dyn is also acquiring Renesys to make sure they can both effectively defend and attack less comprehensive offerings in their chosen segment, said analyst […]

Saudi firm CPC buys Egypt’s Sphinx Glass for $190 million

DUBAI, May 26 (Reuters) – Construction Products Holding Co (CPC), a unit of private Saudi Arabian construction giant Saudi Binladin Group, said on Monday it had bought Egyptian glass manufacturer Sphinx Glass for $190 million. The deal underlines growing interest among Gulf companies in Egyptian assets as Egypt’s economy begins to recover after three years […]

Abraaj buys stake in Thai education firm amid political turmoil

HONG KONG, May 26 (Reuters) – Middle East private equity firm Abraaj Group has bought into an education provider in Thailand, betting on a country that last week saw the imposition of military rule after months of wrangling between government and anti-government activists. Abraaj, which manages $7.5 billion, said in a statement on Monday that […]

Finland to sell Destia to Ahlstrom Capital -source

HELSINKI, May 26 (Reuters) – Finland’s five-party government has agreed to sell Destia, a state-owned road and rail construction company, to private equity firm Ahlstrom Capital as it looks to reduce borrowing and boost competition in the sector. The government confirmed a Reuters report of the deal earlier on Monday and said it was worth […]

E-Book Platform Bookmate Secures $3M To Target Emerging World

TechCrunch May 24, 2014 Betaworks-style ‘startup studio’ Dream Industries – based in Moscow – has raised a $3 million Series A round from retail giant Ulmart (in Russia) to develop its subscription-based social reading service Bookmate. They plan to take the startup international out of Moscow, starting with Turkey, Scandinavia and Latin America. The funding […]

Cauris invests $4.2m in Cipharm

Abidjan, Cote d’Ivoire, April 2014: FONDS CAURIS CROISSANCE II LIMITED, advised by Cauris Management, the West African fund manager agreed to invest in CIPHARM to fund a new production line for injectable pharmaceutical products. CIPHARM is a Cote d’Ivoire-based leading pharmaceutical company with revenues derived from 12 countries across west and central Africa. The company […]

Axioma Capital Partners invests $4 million in medical startup Medal

The medical startup Medal has received $4 million from Axioma Capital Partners according to the press service of the Ingria business incubator. Medal is a resident of a incubator. Medal is developing medical devices based on patented technology for the treatment of arthritis. More than 14 million people in Russia suffer from arthritis. Axioma Capital […]

EasyHotel seeks listing as Saga prices issue at bottom of range

Financial Times May 23, 2014 EasyHotel, the sister brand of the easyJet budget airline, has announced its intention to float on London’s junior market, despite rising questions over investor appetite for initial public offerings. A shift in sentiment towards London listings was underlined on Friday as Saga confirmed that its shares had priced at the […]

YOYO Holdings Snags $1.3M For Its Prepaid Mobile Consumer Survey Platform

TechCrunch May 23, 2014 YOYO Holdings, a rewards platform that targets prepaid mobile phone users in developing economies, has secured $1.3 million in funding from Japanese venture capital firms GREE Ventures, CyberAgent Ventures, and Incubate Fund. Based in Singapore, YOYO Holdings operates a reward platform called Candy which is similar to sites like Swagbucks, but […]