(Reuters) – Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with […]

Yahoo! has agreed to buy Tumblr for about $1.1 billion cash. Tumblr will operate as a separate business and David Karp will remain CEO. The transaction is expected to close in the second half. New York City-based […]

Alteryx, a provider of data analytics, has raised $12 million in funding from Toba Capital and existing investor SAP Ventures. The company has now raised $18 million in total funding. The company says that over […]

Onex Corp has called off its auction of medical imaging firm Carestream Health Inc after failing to find a buyer that was willing to meet its price expectation of as much as $3.5 billion, Reuters is […]

Yahoo Inc’s board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.

(Reuters) – […]

European media and communications focused private equity group GMT Communications Partners together with Veronis Suhler Stevenson have teamed up with management to provide growth capital to IT-Ernity, a provider […]

MicroVentures, a combined equity crowdfunding platform and broker-dealer in the US, has announced that accredited investors on its platform have invested $16 million in startups. MicroVentures employs a […]

Electranova Capital, a fund managed by Idinvest Partners in association with EDF has backed Forsee Power Solutions. Founded in 2011, Forsee Power Solutions specialises in integration which entails designing, […]

Software services business Consilio has appointed Pete Feinberg as vice president of products and Mark Roesler has joined as director of software development. Consilio is a portfolio company of Symphony Technology […]

Walgreen, a retail drugstore chain in the US and KKR portfolio company Alliance Boots, an international pharmacy-led health and beauty group, have received the required regulatory clearances for their equity […]

Goosecross Cellars, a boutique luxury winery located in Yountville, CA, has been sold to Golden Equity Investments (GEI). The transaction included the 11-acre estate winery and vineyard property, tasting room and […]

UK-based Oakfield Capital Partners has reached a first close of its UK Special Situations Fund with firm commitments of £6 million. The fund invests in SME businesses which need both finance and management support […]

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What Tumblr’s sale means for New York startups

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