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Firestone Financial Joins Berkshire Hills

Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has completed the acquisition of Firestone Financial Corp. effective today. Firestone is now known as "Firestone Financial, LLC" and operating as a wholly-owned subsidiary of Berkshire Bank.

Friday, August 7, 2015 - 14:00
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Ezetap Mobile Solution To Raise $23 million To Fund Rapid Growth

Ezetap Mobile Solutions, the Bangalore-based pioneer in mobile payments for emerging markets, today announced that is has raised Rs. 150 crores in fresh funding.

Ezetap’s current investors; Social+Capital, Helion Advisors, and Berggruen Holdings are joined by Horizons Ventures, the private investment arm for Li Ka-Shing, and the Capricorn Investment Group in this round. Social+Capital founder Chamath Palihapitiya will become Chairman of Board – the first time the former Facebook executive has taken on this role with a portfolio company outside the United States.

Friday, August 7, 2015 - 13:31
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Motorola Solutions Commences Modified Dutch Auction Tender Offer to Repurchase up to $2 Billion of Its Common Stock

Motorola Solutions (NYSE: MSI) announced today that it has commenced a modified "Dutch Auction" tender offer to repurchase shares of its common stock for an aggregate purchase price of up to $2 billion (subject to a customary increase if the tender offer is oversubscribed).
                                                  

Friday, August 7, 2015 - 12:54
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Elevate Capital went live with Profile Software’s Peer-to-Peer Lending solution to manage its newly launched real estate crowdfunding operations

Profile Software, an international financial solutions provider, announced today that Elevate Capital Ltd, a UK based firm specialising in real estate crowdfunding has selected the FMS.next P2P Lending solution to manage its online marketplace.

Friday, August 7, 2015 - 11:44
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Neptune’s Production Pilot goes live

The banks involved in the Neptune Collaboration are now sending pre-trade indications to their clients across the Neptune pilot production network.  Asset managers will be connected directly to the network via a GUI, their own in-house developed OMS or an external OMS provider.  With a single connection, they will be receiving pre-trade indications from multiple banks.

Friday, August 7, 2015 - 11:34
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BitPay Announced Partnerships With Payments Companies From Around The Globe

During the first half of 2015, the company has signed deals with PSPs Payfirma, Sonic Payments, BillPro, Kadu, OpenPay, and Ixopay.

These payments companies are based on three continents and, in total, serve more than 100 countries.

Friday, August 7, 2015 - 11:22
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Recall Continues UK Expansion Through Acquisition of C21 Data Services

-Recall Holdings Limited (ASX: REC), a global leader in document storage, digital information solutions, data protection and secure destruction services, today announced the acquisition of C21 Data Services Limited, an independent secure records management

Friday, August 7, 2015 - 10:55
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Rockwell Collins Acquires International Communications Group

Rockwell Collins (NYSE: COL) today announced it has acquired Newport News, Virginia-based International Communications Group, Inc. (ICG), a leading provider of satellite-based global voice and data communication products and services for the aviation industry. The initial purchase price was $50 million and additional post-closing consideration of up to $14 million may be paid.

Friday, August 7, 2015 - 10:53
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SimCorp CXO Corner: Neuberger Berman’s David Eckert Discusses What Makes a Successful Global Operating Model

SimCorp, a leading provider of investment management solutions and services for the global financial services industry, has released a new CXO Corner relay titled, “Technology as Strategic Enabler - a Global Operating Model in Action.” The piece features David Eckert, Managing Direc

Friday, August 7, 2015 - 10:37
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Informatica Corporation Announces Completion of Acquisition by the Permira Funds and Canada Pension Plan Investment Board

Informatica Corporation, the world's number one independent provider of data integration software, today announced the successful completion of its acquisition by a company controlled by the Permira funds and Canada Pension Plan Investment Board (CPPIB). Additionally Informatica announced that Microsoft Corporation and Salesforce Ventures have agreed to become strategic investors in the company alongside the Permira funds and CPPIB. The acquisition is valued at approximately $5.3 billion, with Informatica stockholders receiving $48.75 in cash per share.

Friday, August 7, 2015 - 10:06
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