Feb 4, 2014 | Central & Eastern Europe, News, North America, Russia
East-West Digital News Yesterday Boombotix, a San Francisco-based startup developing audio hardware and software, announced a $4 million strategic investment from existing and new investors. Among them is Grishin Robotics, a venture fund launched in 2012 by Mail.ru...
Feb 1, 2014 | News, North America
TechCrunch Kickstarter funding will often lead to the more traditional kind, and in the case of Boombotix, that’s exactly what happened. The California startup raised $17,000 for its music syncing app, which allows people to synchronize playback of music across...
Jan 31, 2014 | France, News, Western Europe
PARIS, Jan 31 (Reuters) – U.S. investment firm Blackstone and Canadian property manager Ivanhoe Cambridge said on Friday they held 22.98 percent of French real-estate investment firm Gecina following a ruling by a Luxembourg court. The ruling, concerning loans...
Jan 31, 2014 | News, Western Europe
BERLIN, Jan 31 (Reuters) – American buyout group KKR has agreed to take a 10 percent stake in Hertha Berlin in a deal worth about 60 million euros that will boost the capital club’s finances and brand in the Bundesliga, the two sides said on Friday. The...
Jan 31, 2014 | Central & Eastern Europe, News, Russia
MOSCOW, Jan 31 (Reuters) – Russian hypermarket chain Lenta, part-owned by U.S. private equity firm TPG, will announce plans for an initial public share offering on Monday, a source close to the deal said on Friday. Financial market sources also said they...
Jan 31, 2014 | France, News, Western Europe
PARIS, Jan 31 (Reuters) – A scarcity of sellers, combined with a growing number of cash-rich buyers from Asia and the Middle East, mean high-priced takeover deals are set to remain in fashion for the luxury goods industry, despite slowing sales growth. Luxury...