Summit Partners invests heavily in AVAST Software
AVAST Software is one of the popular security companies on the web that offers a free version of their antivirus product.
The company has just received a major investment from investment firm Summit Partners.
Summit has invested around USD 100 million in the company and with this they have acquired a minority stake in it.
Avast has stated that they plan to continue to operate on a freemium model offering a version for free but charging for more features and capabilities.
Quick Heal Technologies gets a major investment from Sequoia Capital India
Sequoia Capital India is investing around Rs. 60 crores in the security company Quick Heal Technologies.
Quick Heal is a maker of antivirus and other security products. It is based in India.
The company said that these funds would enable them to expand their product portfolio.
Quick Heal is growing at an impressive pace and it is one of the major players in the security software market in India.
The company added: “Quick Heal is today the first choice computer security product for consumers and business owners. We are confident that the company will continue to strengthen its dominant position in India and replicate this success in overseas markets.”
Report: Zynga acquired Japanese based company Unoh
Zynga has reportedly acquired a Japanese based company named Unoh.
The deal is said to be worth around a couple of million dollars.
The two companies have not confirmed the deal yet. Though Zynga did say something about an acquisition deal recently.
This deal is likely to enable Zynga to get an established presence in Japan.
Zynga recently got a major investment from Japanese company Softbank and they are expected to use this acquisition as a starting point in this market.
Unoh specializes in developing games for mobiles and computers.
Google has reportedly acquired Slide
Google continues to make silent investments to boost their social gaming and services portfolio.
The search engine giant has now reportedly acquired popular online service Slide.
The deal is said to be worth around USD 182 million.
Google has already reportedly invested heavily in Zynga which is the leading social gaming company on the web today.
It remains to be seen when Google would make all these deals public. They have been awfully quiet about their progress on their future plans.
Google is said to be working on a social gaming platform named Google Games which is likely to become part of their social networking service named Google Me.
Softbank makes a sizable investment in Zynga
Social gaming industry giant Zynga has confirmed that Softbank has made a solid investment in the company.
The investment is worth around USD 150 million.
The two companies are also now planning to work together to develop games targeted at the Japanese market.
The company however still has not confirmed a similar investment from Google. Google has reportedly made this investment as part of their Google Games initiative which is expected to launch in the coming months. Google Games is also likely to become a major part of their rumored Google Me social networking project.
Mahindra acquiring 55.2 percent stake in Reva Electric Car Company
Rumors were indeed true. Mahindra & Mahindra has announced that they are going to acquire a majority stake in the electric car maker Reva Electric Car Company.
The company is also planning to invest fresh equity worth Rs 45 crore in this company.
Reva is the only automaker in India which manufactures and sell electric cars. They also export their models to the international markets.
The company is also working with GM India to launch an electric version of Chevrolet Spark.
The deal with Mahindra would bring the much needed funds to expand their operations. Mahindra would gain access to their technologies. And customers would get better products in the future! A win for all.
Pepsi to invest heavily in China for expansion
PepsiCo has announced their plans to invest an additional $2.5 billion in the Chinese market for expansion.
The company said that this investment would be made over a period of three years.
Pepsi is already going through an expansion phase that began in 2008 with an investment of USD 1 billion.
The company is hoping that markets like China would help it combat the slowing down sales in their home market and Europe.
Pepsi would open more manufacturing facilities in China in addition to a new R&D center.
Honda Motorcycle & Scooters to set up a plant in Alwar Rajasthan
India based two wheeler manufacturer Honda Motorcycle & Scooters has announced that they would soon establish a unit in Alwar, Rajasthan.
The company has signed up a Memorandum of Understanding with the Rajasthan government for the same.
The project is said to be worth around Rs. 500 crores. The setup would have a capacity to manufacture around 6 lakhs two wheelers annually.
This new plant is likely to provide employment to around 3000 workers directly.
Warner Bros. invests in Rocksteady Studios
Warner Bros. Home Entertainment Group has announced that they have made an investment in the videogame developing company Rocksteady Studios.
Rocksteady Studios is known for the popular videogame title Batman: Arkham Asylum.
The two companies did not reveal the details of this investment.
This deal would help Warner Bros. expand their presence in the videogame market which is growing at a significant rate.
Warner Bros. already is involved in a couple of other videogame companies including Snowblind Studios and Midway Games.
Rocksteady Studios is currently working on a sequel to their Batman game.
Pepsi set to invest USD 200 million in India
US based beverage industry giant Pepsi has announced that they have received permissions to invest more in the Indian market.
Pepsi aims to invest another USD 200 million in India to expend their presence.
The company would be investing these additional funds in the next three years.
Pepsi said that with this fresh funds, their total investments in India would come to around $655 million.
Pepsi competes with Coca Cola in the Indian market just like in the international scene.