Valley investor takes majority stake in Cybera

New CEO is former C-level exec at NTT division
Sep 16, 2015 3:05 PM

TVV buys tanker monitoring company

Florida firm is fund's sixth investment
Sep 14, 2015 1:53 PM

Gen Cap America buys NJ company from Swedish conglomerate

Metal joining venture had $17M in '14 sales
Aug 17, 2015 2:45 PM

Pharos takes control of PT venture in NY

Private equity firm sees roll-up opportunities beyond Big Apple
Jun 26, 2015 7:16 AM

New CEO, big funding round for edo

Credit card marketing venture raises nearly $20M as founder steps aside
May 19, 2015 2:58 PM

Apollo meltdown for Noranda shares

Investors are doling out a beating to Noranda Aluminum Holding shares, which late yesterday said its largest investor planned to sell all of its 33 percent stake. As of 11:10 a.m., the shares (Ticker: NOR) were off a whopping 27 percent to $2.18, their lowest level since going public five years ago. Volume was massive, with 10.4 million shares already having been traded versus a daily average of about 330,000.

May 12, 2015 11:12 AM

Noranda set for hammering after Apollo files to check out

Investment firm acquired aluminum maker for $1B+ in '07
May 12, 2015 7:18 AM

Claritas recaps Utah recruiters

Firm splits from local office
Apr 30, 2015 7:54 AM

Smartvue lands $15M from global investment manager

Nashville-based tech company to use Fortress capital infusion to fuel growth
Apr 28, 2015 7:30 AM

Brentwood owners sell Segway to Chinese company

A Chinese company has acquired personal transportation company Segway from Brentwood-based private equity fund Summit Strategic Investments. The local firm had acquired Segway, which is sold in 80 countries, in early 2013 with plans to expand its reach but that appears to have not happened in any meaningful way. From the companies' release:

“After the strategic combination, Ninebot and Segway will be able to cooperate closely with each other on technology and marketing, strengthening their research and development, manufacturing, marketing and sales capabilities. Intelligent hardware has grown quickly worldwide during the past several years. Our combination with Ninebot will enable us to provide more intelligent and valuable products to our customers. We are confident in our future,” said Rod Keller, President of Segway.

There's something of a Pac-Man feel to the deal announced today: TechCrunch points out that Segway and its founder, Dean Kamen, last year accused Ninebot — and a number of other Chinese companies — of infringing on Segway's intellectual property.

Apr 15, 2015 11:36 AM