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Recent Press Releases

  • The Dutch electronics giant, Philips announced that it has agreed to acquire Volcano Corporation, the American medical device maker for $1.2 billion including the assumption of debt.

    The acquisition of Volcano Corporation which is a maker of catheter-based measurement and imaging...

    Thursday, December 18, 2014 - 17:30
  • Standard Chartered, the British bank which generates most of its profit in Asia has agreed to sell its Hong Kong and Shenzhen’s consumer finance businesses to a consortium which is lead by the China Travel Financial Holdings Company. The bank has agreed to sell the units for $600 million-$700...

    Wednesday, December 17, 2014 - 18:15
  • Riverbed Technology which is a networking equipment maker said that it would sell itself to Ontario Teachers’ Pension Plan’s private equity arm and Thoma Bravo for approximately $3.6 billion in cash.

    As per the deal, the Canadian pension plan and Thoma Bravo will pay $21 per share...

    Tuesday, December 16, 2014 - 16:00
  • SNS Research's latest database indicates that Asia Pacific LTE subscriptions will surpass 1.6 Billion at the end of 2020.

    With nearly 7 Billion mobile network subscriptions worldwide, global mobile penetration is fast approaching the 100% mark. Mobile broadband in particular is...

    Monday, December 15, 2014 - 18:45
  • SNS Research's latest database indicates that global LTE subscriptions will surpass 3 Billion  at the end of 2020.

    With nearly 7 Billion mobile network subscriptions worldwide, global mobile penetration is fast approaching the 100% mark. Mobile broadband in particular is...

    Monday, December 15, 2014 - 18:45
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