The Wall Street Journal reported Wednesday that the private equity firm Centerbridge Partners has a tentative deal to buy wireless broadband provider LightSquared out of bankruptcy in a deal worth $3.3 billion.
Bloomberg says Dell is in buyout talks with at least two private-equity firms and that the discussions are preliminary and could fall apart.
The service, which sells warranties for consumer electronics and appliances, plans to use proceeds to fund company growth.
The storied medium-format camera maker is in new hands as Ventizz Capital Partners acquires it. The private equity firm plans to invest capital for growth.
The company is reportedly planning to lay off 2,500 employees and sell a portion of its operation to Sony or Panasonic.
The Microsoft co-founder's charitable organization has taken a stake in Inigral, a Facebook app developer focused on helping colleges connect with and retain students.
Silver Lake Kraftwerk, funded by Silver Lake and Soros Fund Management, is a newly created fund to invest in clean energy technology companies that need growth capital to scale up.
"Advertising is failure," says Jeff Jarvis, and he thinks "media only get in the way of customer relationships." And indeed, how will you make more friends at a party? Showing up with a big banner around your neck that says "I am a great friend" or engagi
Christmas comes early for Yahoo, according to a TechCrunch report, as the ailing Internet search company sells its comparison-shopping to Jamplant for less than $125 million.
Investors may be more cautious in a slumping economy, but venture capital funds are booming, a new report says.