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Page 430

Siemens exits Tropos to ABB

Tropos will help ABB expand its offering for smart grids and other critical infrastructure applications and become part of ABB's global utility communications product group.

Jun 2, 2012

Marubeni buys Gavilon for $5.6bn

Japan-based conglomerate Marubeni Corp buys the agricultural and energy resources compan backed by industrial conglomerate Orascom Construction Industries.

Jun 1, 2012

Salesforce finds friend in Buddy

The deal would be valued at more than $800m compared to the about $85m raised by Buddy since its launch in 2007, according to news provider All Things D.

May 31, 2012

Bona Film reels in News Corp

Dong Yu sold the shares and separately acquired a total of 3.5 million Bona shares for nearly $40m from venture capital firms SIG China Investments, Matrix Partners China and Sequoia Capital.

May 27, 2012

OncoMed preps flotation

Investment banks Jefferies and Leerink Swann are co-lead underwriters of OncoMed's initial public offering (IPO).

May 27, 2012

Kythera preps flotation

Investment banks JPMorgan and Goldman Sachs are co-lead underwriters of Kythera's initial public offering.

May 27, 2012

Samsung buys ahead of Spotify's raise

The expected $220m round for Spotify follows Korea-based conglomerate Samsung's purchase of its corporate venturing unit's portfolio company MSpot for an undisclosed amount.

May 27, 2012

Wanxiang takes out GreatPoint

Wanxiang will join the board of directors of GreatPoint, which won the Global Corporate Venturing award for investment of the year when Wanxiang made its original investment at the start of the year.

May 27, 2012

Advanced Electron Beams flickers

Advanced Electron Beams (AEB) is reportedly winding down operations, after having raised more than $50m in three rounds from a consortium including GE Energy Financial Services, part of US-listed industrials group General Electric, according to news provider Fortune.

May 27, 2012

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