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Nival Secures $6M Series A Funding From Almaz Capital

Nival Secures $6M Series A Funding From Almaz Capital

MENLO PARK, CA — (Marketwired) — 12/12/13 — , developer of cross-platform strategy games, today announced a $6M Series A round of funding led by . The funds will be used to expand into global markets.Almaz Capital joins Nival-s previous investors: Sergey Orlovskiy, CEO and founder of Nival, holding the majority stake; 1C, a leading Russian software distributor; and Mail.ru Group, one of the biggest Internet companies in Russia.Since being founded 17 years ago, Nival has created many successf

Cortex Regretfully Announces the Passing of a Member on its Board of Directors

Cortex Regretfully Announces the Passing of a Member on its Board of Directors

CALGARY, ALBERTA — (Marketwired) — 12/11/13 — Cortex Business Solutions Inc. ("Cortex" or the "Company") (TSX VENTURE: CBX), an enterprise eProcurement solutions company, has announced the passing of Doug Lailey, the chairman of the board of directors. Doug joined the Cortex board of directors in 2005 and immediately brought his immeasurable experience and mentorship to the Company.The board of directors issued the following statement: "We are greatly saddened by th

Finisar Corporation Announces Pricing of $225 Million Offering of Convertible Senior Notes Due 2033

Finisar Corporation Announces Pricing of $225 Million Offering of Convertible Senior Notes Due 2033

SUNNYVALE, CA — (Marketwired) — 12/10/13 — Finisar Corporation (NASDAQ: FNSR) today announced the pricing of its offering of $225 million aggregate principal amount of its 0.50% Convertible Senior Notes due 2033 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Act"), and the increase in the size of the offering from $200 million to $225 million. Finisar has granted the initial p

Cisco Completes Acquisition of Insieme Networks

Cisco Completes Acquisition of Insieme Networks

SAN JOSE, CA — (Marketwired) — 12/10/13 — Cisco (NASDAQ: CSCO) today announced it has completed the acquisition of privately held Insieme Networks, a San Jose-based company focused on the development of application-centric infrastructure products in the data center.On November 6, 2013, Cisco announced the (ACI), , and an to provide customers with a data center networking solution that supports applications in a way never provided before, with the end goal to enable greater business agility