Ingrid Lunden
Mar 1, 2011 5:27 AM
Update: Clear Channel announced that it is the media company buying the cloud-based music subscription service Thumbplay Music—a deal that was first reported by mocoNews.net. Financial terms of the deal have not been disclosed, but our source says it is likely to be less than 10 percent of the company’s…
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Tricia Duryee
Oct 9, 2008 11:47 AM
China’s Huawei Technologies is canceling the sale of a major stake in its mobile-devices unit after only two bidders submitted offers, the WSJ reported. The lack of interest is an example of how the credit crisis is affecting private equity in Asia. Huawei is able to postpone the auction because…
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Gadgets, Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Companies, Motorola, Countries, Asia, China, bain capital, huawei, silver lake
Tricia Duryee
Oct 1, 2008 12:51 PM
The mobile device unit of China’s Huawei Technologies has received offers from private-equity firms Bain Capital Partners and Silver Lake Partners, reports WSJ, quoting people familiar with the deal. The source declined to elaborate on the bids, but said Huawei is reviewing the offers, which were submitted by the firms…
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Gadgets, Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Countries, Asia, China, bain capital, huawei, silver lake
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