Aug 30, 2013 | Central & Eastern Europe, News, Russia
MOSCOW Aug 29 (Reuters) – Indebted Russian drug store chain Pharmacy Chain 36.6 is selling its stake in drug producing unit Veropharm for 5 billion roubles ($151 million) as part of a business restructuring. The company said in a statement it had agreed to sell...
Aug 30, 2013 | News, North America
SAN FRANCISCO, Aug 29 (Reuters) – Enterprise flash storage bigshot Pure Storage has raised a massive $150 million in new funding to help give it the room to grow and continue to evangelize the power of all-flash storage arrays. Pure Storage competes with bigger...
Aug 30, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News Eruditor, a startup that helps users find hairdressers, fitness instructors, plumbers, or doctors via specialized service marketplaces, has just raised $12 million at an undisclosed valuation from Intel Capital, Frontier Ventures, and Runa...
Aug 30, 2013 | News, North America
Reuters Aug 29 – SAN FRANCISCO In a big bet on marketplaces, venture capital firm Greylock Partners is promoting former eBay Motors founder Simon Rothman to partner, and dedicating $100 million to the sector. Marketplaces – companies like auction service...
Aug 29, 2013 | Central & Eastern Europe, News
BUCHAREST, Aug 28 (Reuters) – Romania will begin the initial public offering of a 10 percent stake in state-owned nuclear power producer Nuclearelectrica on Sept. 9, a government official was quoted as saying. In June, the leftist government of Prime Minister...
Aug 29, 2013 | Latin America, News, North America
New York Times August 28 SÃO PAULO, Brazil – Globant, an Argentine software and information technology services company, has filed to go public on the New York Stock Exchange, in a move to broaden its reach. In a filing late Tuesday night with the Securities and...