LOS ANGELES--(BUSINESS WIRE)--Virtual Piggy, Inc. (OTCQB: VPIG), provider of award-winning payment technology, today announced that it has retained Viant Capital LLC as its financial advisor to explore strategic alternatives. Virtual Piggy additionally announced the formation of a special committee of the company's board of directors to work closely with Viant.
SEATTLE, Dec. 3, 2014 (GLOBE NEWSWIRE) -- Blab is a breakthrough for brands in powering real-time and adaptive content strategy and digital media buying activities. Today the company announced $8.8 million as an initial closing of an $11.6 million Series B Preferred equity financing, co-led by China-based Blue Focus Communications Group Co. LTD (300058: Shenzhen) and Shoreline Venture Management. Operative Capital also participated in the round. Blue Focus and Shoreline Venture Management will both join the Blab Board of Directors. Funding will be used to accelerate product development and sales and marketing initiatives.
Arcam has signed an agreement to acquire the AP&C division from Raymor Industries for a total of 35 million Canadian dollars (“CAD”) in a combination of upfront cash payment and installments. AP&C is a global manufacturer of high quality metal powders and has been a supplier of titanium powders to Arcam since 2006. Titanium powder is an important part of Arcam’s offering to its customers. With this acquisition, Arcam has secured access to high quality titanium powder for its customers’ quickly growing business.
IRVINE, Calif., Oct. 16, 2013 /PRNewswire/ -- TigerLogic Corporation, (Nasdaq: TIGR), today announced the signing of a definitive agreement to divest its Multidimensional Database Management Systems ("MDMS" or "D3") business to Rocket Software, Inc. ("Rocket Software") for gross proceeds of approximately $22 million in cash. The sale is expected to close within the fourth calendar quarter of 2013, and is subject to satisfaction of customary closing conditions.
GREENWICH, Conn.--(BUSINESS WIRE)--Propel Equity Partners, a private equity firm focused on investing and creating value in leading consumer brands, has acquired the ZOOB construction toy line from Infinitoy, Inc.