Money articles

imperus-technologies-diwip-acquisition

Canadian Imperus Technologies pays $100m for Israeli social games developer

Canadian Imperus Technologies pays $100m for Israeli social games developer

Owners of Diwip, an Israelian social games developer, will remain in leadership of the company. Israeli social games developer Diwip, founded in 2010, was sold last week to Canada’s Imperus Technologies for $100 million cash and a small quantity of shares. $50 million will be paid immediately, and the remainder within two years, in accordance

internet-142245_copy1

Chinese tech giants invest in US startups

The trio of Chinese Internet giants Baidu, Alibaba and Tencent are finding that investing in startups is a smoother way to enter US markets. “There have been 52 investments made by Chinese companies in the US from 2012 through August 2014, at an investment total of $3.6 billion,” Rebecca Fannin, founder and author of Silicon

Top